Zero Hash, founded in 2017, reached a $1 billion valuation in September 2025 after completing a $104 million Series D round. The company has raised $286 million across Seed, Series A, Series B, Series C, and Series D funding rounds. Backed by Apollo Global Management and Morgan Stanley, Zero Hash provides embedded crypto infrastructure covering settlement, custody, liquidity, and regulatory compliance. With institutional focused APIs and risk management tools, the company is scaling core digital asset infrastructure for financial institutions.