Blockchain infrastructure firm Zerohash is in talks to raise approximately $250 million at a $1.5 billion valuation, according to a person familiar with the discussions. The fundraising effort follows the company’s recent decision to walk away from acquisition talks with Mastercard, opting instead to remain independent. Discussions remain ongoing and the final terms could change.
Mastercard is still considering a strategic investment in Zerohash, despite no longer pursuing a full takeover. The move reflects broader interest from traditional financial institutions seeking exposure to crypto infrastructure without outright acquisitions. Demand for enterprise-grade platforms has increased as banks and fintechs expand offerings tied to tokenized assets, stablecoins, and onchain settlement.
Zerohash was valued at $1 billion in its October Series D-2 round and counts major financial firms among its investors and clients. The potential raise would position the company to scale its infrastructure amid growing institutional adoption of blockchain-based financial services.
