Future Investing
Noto Just TIPPED his Hand! SoFi is Launching THIS Soon!
9/23/2025, 7:40:05 PM
Economic Summary
- ZeroHash closed a $104 million funding round led by institutional names including Interactive Brokers, with participants Morgan Stanley, SoFi, and Apollo, indicating strong capital backing for crypto trading, stablecoins, and tokenization infrastructure.
- Morgan Stanley announced plans to offer crypto trading on the E-Trade platform via ZeroHash, targeting rollout by the first half of 2026, which could broaden retail access to crypto through established broker channels (implication: wider distribution and legitimization).
- SoFi has been hiring for crypto, promoted a waitlist for crypto buying/selling, and partnered with Lightspark for international payments, suggesting the company is positioning to launch crypto trading, staking, stablecoins, and crypto-backed lending possibly sooner than institutional timelines.
Bullish
- ZeroHash raised $104 million from Morgan Stanley, SoFi, Apollo, and others, accelerating crypto infrastructure adoption.
- Morgan Stanley plans to offer crypto trading on E-Trade via ZeroHash, validating institutional rails and distribution.
- SoFi's investments, crypto hiring, and partnership with Lightspark signal a likely upcoming crypto product suite.
Bearish
- SoFi and ZeroHash have not confirmed timelines; deleted social posts suggest premature announcements.
- Regulatory, integration, or product rollout delays could push launches beyond optimistic dates.
- Morgan Stanley's stated timeline (E-Trade H1 2026) implies a long wait for retail availability.
Bullish tickers
SOFIMSZEROHASHIBKRAPOFOURDKNGPUBLIGHTSPARKSTRIPE
Bearish tickers
SOFIMSZEROHASH
SOFI
Bullish
Invested in ZeroHash, hiring for crypto, and partnered with Lightspark — likely to offer trading, staking, and lending.
Bearish
No formal public timeline; deleted social signals and regulatory/integration risks may delay a launch.
MS
Bullish
Invested in ZeroHash and publicly plans to offer crypto trading on E-Trade via ZeroHash rails.
Bearish
Stated product rollout not immediate (E-Trade H1 2026) and subject to integration/regulatory hurdles.
APO
Bullish
Apollo's investment in ZeroHash signals institutional confidence in crypto infrastructure growth.
Bearish
Participation as an investor does not guarantee rapid product distribution or consumer adoption.
IBKR
Bullish
Interactive Brokers led the round and has an ongoing relationship with ZeroHash, supporting institutional onboarding.
Bearish
Investment in ZeroHash doesn't ensure IBKR will immediately broaden retail crypto offerings.
ZEROHASH
Bullish
Raised $104M to provide rails for crypto trading, stablecoins, and tokenization and counts major fintechs and banks as investors/clients.
Bearish
Private company; deleted reposts and lack of explicit partner confirmations suggest careful timing or sensitive disclosures.
FOUR
Bullish
Shift4 (FOUR) was listed among partners/clients, indicating merchant/fintech interest in crypto rails.
Bearish
Participation in the funding round doesn't imply direct consumer products or short-term revenue gains.
DKNG
Bullish
DraftKings participated in the funding round, reflecting fintech and consumer-platform interest in crypto infrastructure.
Bearish
Involvement in the round signals interest but not a strategic pivot to crypto for core business.
PUB
Bullish
Public.com was named among investors/clients, suggesting retail trading platforms are aligning with ZeroHash rails.
Bearish
Public.com's participation is illustrative but not a guarantee of expanded crypto features imminently.
LIGHTSPARK
Bullish
SoFi's partnership with Lightspark for international transfers and Lightspark's integration with ZeroHash imply complimentary rails for crypto payments.
Bearish
Lightspark is private and partnership details may be limited or operationally constrained.
STRIPE
Bullish
Stripe's involvement in the funding round highlights payments infrastructure interest in tokenization and crypto rails.
Bearish
Stripe's mention as a fund participant doesn't equate to immediate product integration.