ChainTech Africa

Crypto infrastructure provider Zerohash has raised $104 million in a new financing round, with major backing from Interactive Brokers and Morgan Stanley. The funding underscores growing institutional interest in firms that power the behind-the-scenes technology for digital assets.

Zerohash, which provides the infrastructure that enables businesses to offer crypto products and services, said the fresh capital will be used to accelerate product development, strengthen regulatory licensing efforts, and expand its global footprint.

“Our mission has always been to make digital assets accessible in a safe and compliant way,” said a Zerohash spokesperson. “This investment validates our model and positions us to scale further as demand for integrated crypto services continues to rise.”

The participation of Interactive Brokers and Morgan Stanley is being viewed as a significant vote of confidence from established financial institutions. Both firms have been gradually expanding their involvement in digital assets, and their support for Zerohash highlights Wall Street’s recognition of infrastructure providers as critical to the sector’s growth.

Industry analysts note that infrastructure companies like Zerohash are increasingly becoming the backbone of the digital asset economy. By handling custody, liquidity, compliance, and settlement, these platforms allow fintechs, brokerages, and traditional financial players to launch crypto products without having to build the complex systems themselves.

The $104 million raise is expected to help Zerohash keep pace with rising demand from financial institutions and consumer-facing platforms looking to expand their crypto offerings.