Crypto B2B service provider Zero Hash (formerly known as Seed CX) has just completed a $35 million Series C funding round led by billionaire Steven Cohen’s Point72 Ventures, the company has reported.
Notably, NYCA Partners, DriveWealth, Immad Akhund (Mercury), Kalpesh Kapadia (Merecer), Ethan Bloch (Digit) and Jason Gardner (Marqeta) also took part in the funding round.
The company has reported it will use the funds raised to obtain licenses, hire staff and expand its product line, including in the areas of DeFi and NFTs.
Adam Carson, partner at Point72 Ventures, said:
“API platform will help play an important role in enabling broader adoption of digital assets by allowing consumers to access crypto through the fintech apps and financial services brands they already use and trust.”
Zero Hash allows any platform to integrate trading, storage, staking and DeFi of digital assets into its own solutions. The company addresses regulatory and backend issues.
Zero Hash works with some of the biggest brands in the financial services and technology ecosystem.
The company completed its rebranding in September.