Zerohash
* Zerohash is an American financial technology company that provides infrastructure for digital assets and stablecoins to financial institutions and fintech platforms.
History
Zerohash was founded in 2017 by Edward Woodford in Chicago, Illinois. The company initially focused on digital asset settlement infrastructure for brokerages and fintech firms, later expanding into stablecoin and tokenization services.
In September 2025, Zerohash raised $104 million in a Series D-2 funding round led by Interactive Brokers, with participation from Morgan Stanley, SoFi, and Apollo Global Management. The round valued the company at over $1 billion.
Reports in late 2025 indicated that Mastercard was in discussions to acquire Zerohash; however, no transaction has been finalized.
Morgan Stanley and E*Trade
In 2025, Morgan Stanley selected Zerohash to provide infrastructure for Cryptocurrency trading for E*Trade clients, with rollout expected in 2026.
Kalshi
Zerohash partnered with Kalshi to enable near-instant USDC deposits using stablecoin-based funding infrastructure.
Funding
Zerohash has raised multiple funding rounds since its founding, including:
- Series D (2021) — $105 million.
- Series D-2 (2025) — $104 million, valuing the company at over $1 billion.