Odaily Planet Daily reported that crypto infrastructure startup Zerohash completed a $104 million Series D financing round with a valuation of $1 billion. This round of financing was led by Interactive Brokers and participated by Morgan Stanley, SoFi, Apollo and others.

Founded in 2017, Zerohash provides banks and fintech companies with the ability to offer blockchain-based products in three main areas: crypto trading, stablecoins, and tokenization. The new funds are intended to expand into these three main areas.