Cryptocurrency B2B services provider Zero Hash has closed its $ 105 million Series B funding round.
@ZeroHashX announces $ 105 million in Series D #funding… We’re excited to be working with some of the largest brands across the financial services ecosystem to power their digital offerings, making crypto more accessible around the world. Read more here https://t.co/hhmVKjjTnj
– Zero Hash (@ZeroHashX) January 12, 2022
The investment round was headed by NYCA Partners, Bain Capital and Point72 Ventures of billionaire Stephen Cohen.
The funds raised will be used by Zero Hash for marketing, developing and expanding the team to meet regulatory requirements.
The firm also plans to double the number of supported assets to more than 80 by the end of 2022.
A schedule for attracting investments has been published on the blog of a crypto startup. In May 2018, Zero Hash closed the funding round for Series A for $ 4.5 million, in March 2019 for Series B for $ 15.5 million, in September and October 2021 for Series C for $ 5 million and $ 35 million.
Zero Hash allows any platform to integrate digital asset trading, storage, staking and DeFi into their own solutions. The company takes care of the backend and regulatory issues.
As a reminder, in January, the Swiss regulated cryptocurrency bank Sygnum closed its Series B funding round in the amount of $ 90 million. The company’s valuation reached approximately $ 800 million.
Previously, the OpenSea non-fungible token marketplace raised $ 300 million.
