Zero Hash, which has specialized on providing stablecoin payment infrastructure, processed $2 billion in tokenized fund flows in the first four months of the year amid rising institutional demand for on-chain assets, the firm told Coindesk in April. The startup raised $104 million led by Interactive Brokers and Morgan Stanley in September.

https://www.coindesk.com/business/2025/10/29/mastercard-eyes-zero-hash-acquisition-for-nearly-usd2b-bet-on-stablecoins-report