Crypto infrastructure company Zerohash is seeking new financing at a valuation exceeding $1.5 billion

May 20th News, according to CoinDesk, after Mastercard abandoned its investment plans, crypto infrastructure company Zerohash is raising a new round of financing at a valuation of over $1.5 billion. Mastercard had previously considered a strategic investment in the company but subsequently acquired BVNK for $1.8 billion, abandoning its original plan. Zerohash is raising new funds at a valuation higher than the $1.5 billion discussed at the beginning of the year. Founded in 2017, the company provides APIs and embedded development tools for financial institutions and fintech companies, serving over 5 million users in 190 countries. Its clients include Morgan Stanley, Interactive Brokers, Stripe, BlackRock's BUIDL fund, Franklin Templeton, and DraftKings. Zerohash completed a $104 million Series D-2 funding round in September 2025 at a $1 billion valuation, led by Interactive Brokers.