Zero Hash Receives Green Light to Form a Trust Company, Boosting Its Digital Asset Custody Services

0
60

ASHEVILLE, N.C., March 26, 2025 (GLOBE NEWSWIRE) – Pioneering crypto and stablecoin infrastructure platform, Zero Hash, has obtained authorization to set up a Trust Company in North Carolina. This development strengthens its status as the most exhaustive digital asset provider and broadens Zero Hash’s regulatory scope, opening new avenues for institutional and brokerage clientele.

The establishment of a chartered Trust Company enables Zero Hash to expand its regulatory view, ensuring the widest regulatory coverage for crypto and stablecoin infrastructure. The Trust:

  • Resonates with the company’s pledge to compliance-centric innovation as the industry gears up for imminent legislative developments, including the GENIUS Act, anticipated to impose specific regulatory mandates for stablecoin custodians.
  • Empowers Zero Hash to augment its service range. As a Qualified Custodian, the company can now safeguard tokenized assets on behalf of SEC-registered institutions, further broadening its appeal to corporate clients.
  • Facilitates Zero Hash to roll out new account categories for brokerage clients, encompassing retirement accounts and registered investment advisors.

“This authorization is a testament to our steadfast dedication to being the most comprehensive and reliable partner in the crypto and stablecoin arena,” stated Stephen Gardner, CEO of Zero Hash Trust. “We are thrilled to broaden our offerings for partners we serve, including leading payment groups like Shift4 and Stripe, and brokerage partners such as Interactive Brokers and tastytrade.”

Simultaneously, Zero Hash announces the appointment of two public board members to the Trust. Mary Ruppert, with over two decades of experience as a lawyer, compliance officer, and public policy professional, including stints at PayPal and the Department of Justice. David Hannigan, currently the CISO at NuBank, has previously headed security at Spotify and Capital One.

About Zero Hash: Zero Hash is the preeminent crypto and stablecoin infrastructure provider that flawlessly integrates fiat, crypto, and stablecoins on a single platform, enabling a more efficient way to transfer money and value globally. Its embeddable infrastructure aids start-ups, enterprises, and Fortune 500 companies in developing a diverse plethora of use cases, including cross-border payments, commerce, trading, remittance, payroll, tokenization, wallets, and on/off-ramps.

Zero Hash is backed by investors, such as Point72 Ventures, Bain Capital Ventures, and NYCA. Zero Hash Trust Company LLC will operate in North Carolina with a non-depository trust charter issued by the North Carolina Commissioner of Banks.

Media Contacts: Zero Hash, Shaun O’Keeffe, (855) 744-7333, media@zerohash.com

LEAVE A REPLY

Please enter your comment!
Please enter your name here