Zerohash
Overview
Zerohash is a prominent crypto and stablecoin infrastructure company headquartered in Chicago, Illinois. Founded in 2017 by Edward Woodford and Brian Liston, Zerohash has positioned itself as a leading player in the digital asset ecosystem. The company has raised approximately $275 million through various funding rounds, achieving a valuation of $1 billion in 2025. Zerohash offers a suite of B2B crypto services that cater to financial institutions, fintech companies, and neobanks, enabling them to integrate digital asset capabilities into their platforms seamlessly.
Recent Developments
- September 2025: Zerohash raised $104 million in a Series D-2 round, led by Interactive Brokers, bringing its valuation to $1 billion.
- Major investors included Morgan Stanley, SoFi, and Apollo Global Management.
- Zerohash plans to use the funds to accelerate product development and expand its team.
- Morgan Stanley announced plans to use Zerohash's infrastructure for its E*Trade clients to enable cryptocurrency trading.
- June 2025: Zerohash announced full support for deposits and withdrawals of USDC and DOT, enhancing its offerings in the stablecoin infrastructure space.
- January 2024: Zerohash joined the Netherlands' leading trade association for the crypto industry, VBNL, to further expand its regulatory footprint in Europe.
- Q1 2025: Zerohash facilitated around 35% of on-chain Real World Asset (RWA) flows, highlighting its growing influence in the digital asset markets.
- 2024: Recognized for its rapid growth, Zerohash was ranked as the 4th fastest-growing company in North America by the 2024 Deloitte Technology Fast 500.
Company Information
| Attribute | Information |
|---|---|
| Founding Date | 2017 |
| Headquarters | Chicago, Illinois |
| Founders | Edward Woodford, Brian Liston |
| Revenue | Estimated at $55.7 million in 2025 |
| Key Investors | Interactive Brokers, Morgan Stanley, SoFi, Apollo Global Management |
| Industry | Crypto and Stablecoin Infrastructure |
| Number of Employees | Approximately 200 |
| Total Funding | $275 million across multiple funding rounds |
Early History
Zerohash, originally established as Seed CX in 2015, was conceived out of the need for robust infrastructure to support the emerging digital asset market. The company's early focus was on providing an exchange platform for industrial hemp swaps. This foundational phase included securing regulatory approvals, such as the BitLicense from the New York State Department of Financial Services. By 2018, Seed CX had pivoted towards crypto infrastructure, providing clearing and settlement services for digital assets. In 2017, Edward Woodford took the helm, selling its futures division to Dough, and transitioning the firm's focus exclusively towards digital asset infrastructure, paving the path for the creation of Zerohash.
Company Profile and Achievements
Zerohash has established itself as a significant force within the digital asset infrastructure sector by focusing on B2B2C crypto-as-a-service models. The company provides APIs and compliance-ready infrastructure that permit businesses to integrate trading, stablecoin payments, tokenization, and settlement into their platforms. Notable milestones include:
- Interactive Brokers Partnership: Successful collaboration with Interactive Brokers, facilitating crypto-medium integration and leading a significant funding round.
- Morgan Stanley Collaboration: Expanding its client reach with leading financial institutions like Morgan Stanley to bring crypto trading to a wider audience.
- Global Expansion: Achieved regulatory compliance in multiple jurisdictions, including the EU and the US, significantly boosting its international presence by securing Virtual Asset Service Provider (VASP) registrations.
- Technological Innovation: Acknowledged as the "AWS of on-chain infrastructure," Zerohash is committed to developing robust blockchain solutions that address the complex regulatory compliance needs of financial institutions.
- Client Growth: Support for over 5 million users across 190 countries, demonstrating significant market acceptance and reach.
Current Operations and Market Position
As of 2025, Zerohash supports a wide array of digital assets, including stablecoins like USDC and PYUSD, reflecting a diverse service offering that caters to the needs of financial institutions and fintech companies. The company's strategic vision includes expanding the number of supported assets, strengthening its position in the stablecoin market, and investing heavily in research and development to maintain its technological edge. Zerohash's partnerships with major financial players like BlackRock and Franklin Templeton further solidify its position as a crucial infrastructure provider in the digital asset domain. The company's operations span the globe, focusing on securing additional international licenses to enhance its market footprint and scalable product offerings.
Conclusion
Zerohash stands out in the digital asset ecosystem as a leading infrastructure provider due to its commitment to compliance, innovative technology, and strategic partnerships with leading financial institutions. As the demand for integrated crypto services continues to accelerate worldwide, Zerohash is poised to significantly influence the crypto infrastructure sector. With a solid foundation, extensive regulatory coverage, and a commitment to technological advancement, Zerohash is well-positioned to navigate the complexities of the crypto market and drive the next phase of digital asset adoption.