Zerohash seeks $250M after ending Mastercard talks

Zerohash aims to raise $250M at a $1.5B valuation after ending acquisition talks with Mastercard, which may still invest. Demand for crypto infrastructure among financial institutions is rising.

Zerohash, a blockchain infrastructure provider, is in advanced talks to raise $250 million at a $1.5 billion valuation after ending acquisition discussions with Mastercard. Despite withdrawing from the deal, Mastercard may still make a strategic investment in Zerohash. This fundraising effort comes amid growing demand for enterprise-grade crypto infrastructure, as more financial institutions seek to offer tokenized assets, stablecoins, and on-chain settlement solutions. Zerohash, founded in 2017, delivers APIs and developer tools that help financial institutions and fintechs launch crypto and tokenization products. The company has already attracted major investors in previous funding rounds, and its technology is used by leading financial firms. As negotiations continue, the terms of the new funding round may change, reflecting the rapidly evolving digital asset infrastructure landscape.