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  • đź’° Crypto’s Comeback: Zerohash Raises $104M with Wall Street Backing

💰 Crypto’s Comeback: Zerohash Raises $104M with Wall Street Backing

Crypto infrastructure is heating up. Zerohash just raised $104M from Wall Street's biggest names.

t’s official: crypto is back — not just in headlines, but in boardrooms, balance sheets, and now, in the portfolios of Wall Street heavyweights.

This week, crypto infrastructure startup Zerohash announced a $104 million Series D round, led by Interactive Brokers and backed by financial giants including Morgan Stanley, SoFi, and Apollo. The raise pushes Zerohash's valuation to $1 billion, solidifying its place among the top-tier fintechs enabling traditional finance to plug into crypto.

But this isn’t just another funding headline — it’s a snapshot of a broader sea change happening in digital assets, regulatory thinking, and institutional adoption.

🔍 From Skepticism to Strategic Partnerships

Zerohash's latest round isn’t being driven by hype or retail speculation. It’s being driven by strategic partnerships. As founder and CEO Edward Woodford told CNBC, this raise wasn’t just about capital — it was about alignment.

“We wanted to raise from the largest, most trusted brands in the world and have that be the bridge into this new technology.” — Edward Woodford, CEO of Zerohash

These “trusted brands” aren’t just writing checks — they’re clients. Interactive Brokers already relies on Zerohash for crypto trading and custody, and is working with the startup to launch a stablecoin product.

While Morgan Stanley and SoFi haven’t confirmed client relationships yet, Woodford hinted that more announcements are coming soon. And just hours after the funding news broke, CNBC obtained a memo from Morgan Stanley, revealing plans to launch crypto trading via its E-Trade platform — with Zerohash in the mix.

This raises an important point: the firms investing in Zerohash aren’t venture capitalists chasing returns. They’re institutions embedding crypto infrastructure into their core offerings.

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🏛️ A Regulatory Green Light

Much of this newfound momentum can be traced back to a dramatic regulatory shift in 2025.

Under former SEC Chair Gary Gensler, crypto faced an uphill battle. Regulatory clarity was scarce, and enforcement-heavy approaches kept many large players on the sidelines.

But with President Donald Trump’s return to office earlier this year, the tone in Washington flipped fast. Instead of skepticism, there’s now open embrace of blockchain innovation. The result? A domino effect of financial CEOs, from Morgan Stanley to Bank of America, signaling renewed interest in crypto products.

Even SoFi CEO Anthony Noto, who previously paused crypto trading, told CNBC in April he was ready to re-enter the space — citing the new regulatory clarity.

For companies like Zerohash, which build the rails that enable banks and fintechs to offer digital asset products, this changing climate is rocket fuel.

đź§± Infrastructure for the Next Crypto Era

Founded in 2017, Zerohash isn’t a trading app or token project. It’s pure infrastructure — a B2B platform that powers crypto trading, stablecoins, and tokenization for banks and fintechs.

Think of it as the Stripe or Plaid of crypto — handling compliance, custody, and execution behind the scenes so that traditional financial institutions can plug into crypto seamlessly.

“Part of this raise is accelerating adoption across all three of those verticals with a range of customers who are also investors.” — Edward Woodford

With this fresh capital, Zerohash is poised to scale its reach and capabilities at a pivotal moment. As the crypto landscape evolves beyond speculation and into real financial utility, infrastructure players like Zerohash will be the ones making it all possible.

đź”® What This Means for Fintech

Zerohash’s raise is more than a funding story — it’s a signal.

  • The fintech-crypto convergence is accelerating, driven by real use cases and regulatory clarity.

  • Banks and brokers no longer want to build crypto infrastructure from scratch — they’re looking to partner with platforms like Zerohash.

  • Wall Street is no longer watching from the sidelines — it's investing, partnering, and preparing to launch.

This also opens doors for fintech builders and founders. With more infrastructure maturity, launching compliant crypto products is easier and faster than ever. Whether you’re building neobanks, investing platforms, or global payments products, the crypto layer is now accessible through partners like Zerohash.

🚀 Final Thought

Zerohash’s $104M round marks a turning point. Crypto’s institutional moment isn’t coming — it’s here. And it’s not being led by speculators, but by the same financial titans that once kept their distance.

As infrastructure continues to mature, the real question is no longer if crypto will integrate into mainstream finance — but how fast.

Until next time,
— The Fintech Forward Team