CHICAGO, Jan. 10, 2023 (GLOBE NEWSWIRE) — JunoFinTech that offers fast on- and off-boards to crypto and seamless bridges to Layer 2, along with a crypto-reward debit card, recently announced a partnership with crypto infrastructure platform, Zero Hash.
Juno recently informed its customers that they were migrating providers from Wyre to a new provider. In just 72 hours from their initial conversation, Zero Hash and Juno completed contracts and have made significant progress in taking Juno live. Zero Hash has implemented a priority migration program for all platforms affected by Wyre’s discontinuation announcement. Partnering with Zero Hash enables platforms to offer:
- Custody, settlement and liquidity for 60+ cryptoassets across 22 blockchains proven at scale;
- Stablecoins with multi-chain support; and
- A native crypto product that can be launched in weeks instead of years, leveraging Zero Hash’s regulated infrastructure.
There has been uncertainty in the crypto ecosystem and Zero Hash believes that these events underscore that facets which it has set the core of its business and believes should be prerequisites in the room. Zero Hash has been operating as the crypto-as-a-service market leader since 2017. Some of the largest companies globally trust Zero Hash, including tasteful works, Current, Moonpayand DraftKings because of our stability, regulatory strength and high standards.
Juno CEO Varun Deshpande said: “Juno has quickly established us as a leading financial technology company.” Deshpande added: “We very quickly identified Zero Hash as the right crypto infrastructure partner and their team worked at lightning speed. We were able to create an agreement and get it signed in just 72 hours. Zero Hash’s modular, crypto-as-a- service platform, low code, API-first approach and robust regulatory licensing will allow us to resume crypto purchases and deposits within weeks.”
“We are thrilled that Juno chose Zero Hash as their new trusted partner for their crypto infrastructure,” said Edward Woodford, CEO of Zero Hash. “Over the last 6 years we have established ourselves as the leading infrastructure provider and made fundamental business decisions to ensure we are the most trusted partner in the space. Zero Hash had no balance sheet exposure to FTX, Alameda, Blockfi, Genesis or Wyre. Zero Hash offers a simple API integration to enable partners to go live within weeks, which is now trusted by some of the biggest FinTechs including Moonpay and Current.
About Zero Hash
Zero Hash is a B2B2C embedded infrastructure platform that allows any platform to natively integrate digital assets into its own customer experience quickly and easily (a matter of API endpoints). Zero Hash’s turnkey solution handles all the backend complexity and regulatory licensing required to offer crypto products.
Zero Hash Holdings, through its affiliates, empowers emerging banks, broker-dealers, payment groups, as well as non-financial brands to offer trading and custody of digital assets, crypto-backed rewards and rounding programs, and the ability to monetize crypto through staking and more . Zero Hash Holdings is backed by investors including Point72 Ventures, Bain Capital Ventures and NYCA.
Zero Hash LLC is a FinCen registered Money Service Business and a regulated Money Transmitter that can operate in 51 US jurisdictions. Zero Hash LLC and Zero Hash Liquidity Services LLC are licensed to conduct virtual currency operations by the New York State Department of Financial Services. In Canada, Zero Hash LLC is registered as a Money Service Business with FINTRAC. Zero Hash Australia Pty Limited is registered with AUSTRAC under DCE registered supplier number 100804170–001.
Cryptocurrency assets are held and held by Zero Hash LLC, not Juno. Services may not be available in all states. Cryptocurrency assets are not subject to Federal Deposit Insurance Corporation or Securities Investor Protection Corporation coverage. The value of any cryptocurrency, including digital assets tied to fiat currency, commodities or other assets, can go to zero.
Connect with Zero Hash on LinkedInor visit www.zerohash.com for more information.
About Juno
Juno is the only crypto-friendly checking account* where you can earn, invest and spend both cash and crypto from one powerful checking account.
Juno is backed by Sequoia Surge and Polychain, with a mission to make financial freedom more accessible through. We build a user-friendly, reliable and compatible gateway to crypto and web3
*Juno is a financial technology company, not a bank. Banking services provided by Evolve Bank and Trust; Member FDIC.
For more information, visit:
Null Hash contact
Edward Woodford
(855) 744-7333 Ext: 102
[email protected]
[email protected]
