Pharsalus Capital led a $18m Series A funding round in Zodia Markets.

Pharsalus Capital, a venture capital firm, led a $18m Series A funding round in Zodia Markets, a digital asset platform enabling institutional capital through stablecoins, with participation from Circle Ventures, The Operating Group, XVC, Human Capital, Token Bay Capital and Polymorphic Capital. "This raise is an endorsement of our strategy, vision and execution, but more than that, reflects the conviction of globally respected investors who recognise both the complexity of this market and the scale of what we’re building," Usmad Ahmad, Zodia Markets CEO.