Zero Hash Secures $105 Million in Series D Funding Round
Yesterday, Zero Hash announced that the company has raised a total of $105 million in its Series D funding round. To date, Zero Hash has raised approximately $165 million.
The latest funding round, which came nearly three months after Zero Hash’s Series C financing, saw participation from some of the world’s leading venture capital firms. The company’s investors include Point72 Ventures, NYCA, and Bain Capital.
In May 2018, Zero Hash closed its Series A round with an investment of nearly $4.5 million. Zero Hash’s Series B round in March 2019 received an investment worth $15.5 million. The company’s Series C-1 and Series C-2 funding rounds received $5 million and $35 million, respectively.
“Zero Hash has defined a new Fintech vertical of ‘digital-assets-as-a-service’. Our thesis is very simple - every financial services firm and a wide variety of customer businesses will offer a crypto or NFT product within the next twelve months,” said Edward Woodford, Founder, and CEO of Zero Hash.
Digital Asset Market
Zero Hash is a B2B embedded infrastructure platform that allows any platform to integrate digital assets natively into their own customer experience in a secure and convenient environment. Due to the recent jump in the adoption of digital assets, the overall demand for the services of Zero Hash climbed substantially in the last few years.
“Zero Hash enables any business to natively embed crypto and NFTs into their own customer experience quickly and easily. Zero Hash now powers some of the largest neo-banks (including MoneyLion and Wirex), fastest-growing payment processors (including MoonPay, Ramp, and Transak), and prominent retail brokers (including tastyworks, TradeZero, and TradeStation),” the company added.
According to Zero Hash, the company now powers a significant portion of the world’s entire on-chain transaction volume. In Canada, Zero Hash LLC is registered as a Money Service Business with FINTRAC.
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