TLDR:
- Zerohash is negotiating a $250 million funding round to expand its global digital asset infrastructure.
- The company decided to withdraw from acquisition talks with Mastercard to maintain its independence and industry leadership.
- Financial giants such as BlackRock and Stripe leverage Zerohash’s technology to offer tokenized products and stablecoin payments.
Zerohash is in advanced talks to raise $250 million, a move that would bring the firm’s valuation to $1.5 billion. This development follows the company’s decision to walk away from acquisition negotiations with payments giant Mastercard.
Initial reports suggested a potential buyout price near $2 billion; however, the company opted for a path of independent growth. Despite this, Mastercard remains interested in participating in the firm’s ecosystem through a strategic minority investment.
This new financial push is a response to the surging demand for enterprise-grade crypto infrastructure. Traditional financial institutions are increasingly seeking to integrate tokenized assets and stablecoins into their business models to facilitate fast, efficient on-chain settlements.
Critical Infrastructure for Institutional Adoption
Founded in 2017, Zerohash designs developer tools and APIs that allow fintechs to offer frictionless digital products. Its platform serves as the engine behind critical services for high-profile clients, including BlackRock’s BUIDL fund and the payment processor Stripe.
The recent Series D-2 round had already attracted heavyweight investors such as Morgan Stanley and Apollo, consolidating market confidence in its business model. Backed by this solid foundation, the company currently serves over 5 million users across more than 109 countries.
In summary, Zerohash’s rising valuation reflects the strategic importance of solutions that bridge traditional finance and blockchain technology. The success of this new round will be instrumental in cementing its dominance in the development of next-generation payment rails.
