CHICAGO, Jan. 10, 2023 (GLOBE NEWSWIRE) — Junothe FinTech that offers fast gateways to crypto and transparent bridges to layer 2, as well as a debit card with crypto reward, recently announced a partnership with the crypto infrastructure platform, Zero hash.
Juno recently informed its customers that it was migrating from Wyre vendors to a new vendor. Within just 72 hours of their initial call, Zero Hash and Juno had signed contracts and made substantial progress in getting Juno up and running. Zero Hash has implemented a priority migration program for all platforms impacted by Wyre’s announcement of a phased shutdown. The partnership with Zero Hash allows the platforms to offer:
- Custody, settlement and liquidity for over 60 crypto assets on 22 blockchains that have proven to scale;
- Stablecoins with multi-chain support; and
- An integrated crypto product that can be launched in weeks rather than years, leveraging Zero Hash’s regulated infrastructure.
There has been uncertainty in the crypto-ecosystem and Zero Hash believes these events underscore facets which it has placed at the heart of its activity and which it considers to be prerequisites in space. Zero Hash has been operating as a market leader in crypto as a service since 2017. Some of the biggest companies in the world rely on Zero Hash, including Fluent, moonpay and DraftKings because of our stability, regulatory strength and high standards.
Juno CEO Varun Deshpande said, “Juno has quickly established itself as a leading fintech 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. The modular solution, crypto-as-a-service platform, low code, API-first approach, and robust regulatory licensing will allow us to resume buying and depositing crypto within weeks.
“We are delighted that Juno has chosen Zero Hash as a new trusted partner for its crypto infrastructure,” said Edward Woodford, CEO of Zero Hash. “Over the past 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 zero exposure of balance sheet to FTX, Alameda, Blockfi, Genesis or Wyre Zero Hash offers simple API integration to get partners going live in weeks, now trusted by some of the biggest FinTechs including Moonpay and Current.
About zero hashes
Zero Hash is a B2B2C integrated infrastructure platform that allows any platform to quickly and easily integrate digital assets natively into their own customer experience (a matter of API endpoints). Zero Hash’s turnkey solution handles all the complexity of the backend and regulatory licensing needed to offer crypto products.
Zero Hash Holdings, through its affiliates, enables neo-banks, brokers, payment groups, as well as non-financial brands to offer digital asset trading and custody, rewards and crypto roundups, and the ability to earn crypto via 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 services business and regulated fund issuer that can operate in 51 US jurisdictions. Zero Hash LLC and Zero Hash Liquidity Services LLC are licensed to conduct virtual currency business by the New York State Department of Financial Services. In Canada, Zero Hash LLC is registered as a Money Services Business with FINTRAC. Zero Hash Australia Pty Limited is registered with AUSTRAC under DCE Registered Vendor Number 100804170–001.
Cryptocurrency assets are owned and maintained 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 any other asset, can drop to zero.
Juno is the only crypto-enabled* checking account where you can earn, invest, and spend both your money and your crypto from one powerful checking account.
Juno is backed by Sequoia Surge and Polychain, with a mission to make financial freedom more accessible. We are building an easy to use, reliable and compliant gateway to crypto and web3
*Juno is a fintech company, not a bank. Banking services provided by Evolve Bank and Trust; FDIC member.
For more information visit: https://juno.finance/
Zero hash contact
(855) 744-7333 Ext: 102