2022-1-14 17:46 |
Zero Hash, a B2B crypto-asset-as-a-service infrastructure that offers a turnkey solution to allow platforms the ability for their users to buy/sell, send/receive, reward, earn and stake cryptocurrency assets, today announced the closing of a $105 million Series D funding round which took place in December 2021.
Investors of Zero Hash now include Bain Capital, NYCA, and Steve Cohen’s Point72 Ventures.
The Zero Hash suite of APIs powers some of the largest platforms as well as millions of end customers.
Zero Hash enables businesses to smoothly embed crypto and NFTs into their own customer experience. Currently, Zero Hash powers some of the largest neo-banks (MoneyLion and Wirex), payment processors (MoonPay, Ramp, and Transak), and retail brokers (tastyworks, TradeZero, and TradeStation).
Its product mix includes crypto exchange, on-chain & P2P transfers, rewards, round-ups, and staking. Importantly, Zero Hash handles the entire back-end complexity and regulatory licensing required to offer these crypto-asset experiences.
Forthwith, Zero Hash will use the proceeds of the Series D round to continue to expand its team across compliance, marketing, product, and engineering. Additionally, Zero Hash plans on improving its support for layer-2 protocols and doubling the number of assets it supports to over eighty by the end of 2022.
Aside from opportunistically looking at strategic acquisitions, the capital injection will enable Zero Hash to expand its international licensing framework to provide a one-stop infrastructure for global firms.
The post Crypto asset B2B service Zero Hash raises $105M in Series D funding appeared first on CryptoNinjas.
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