Zero Hash raises $105 million in series D round

Crypto services startup Zero Hash announced on Wednesday it has raised $105 million in a series D fundraising round.

which raised $35 million from Point72, NYCA Partners and DriveWealth, as well as a group of angel investors that included Mercury founder Immad Akhund and Deserve founder Kalpesh Kapadia, among others. It has also been backed by Bain Capital in previous rounds. Steve Cohen's Point72 participated in the latest round.associated with the raise, but the firm declined to comment on its involvement.

Zero Hash offers tech to third-party retail brokers and fintech firms. The company now powers some of the largest neobanks , fastest-growing payment processors , and prominent retail brokers . In a press release, Zero Hash said it would use the proceeds of the round to continue expanding its compliance, marketing, product, and engineering teams. It also said it would enhance support for Layer 2 protocols as well as doubling the number of assets it supports to more than eighty by the end of the year.The firm declined to share its valuation.

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