Cryptocurrency News

Crypto Fintech Juno Selects Zero Hash as Their New Trusted Custodian, Completing Contracting In Just 72 Hours

Juno Selects Zero Hash as Their New Trusted Custodian, Completing Contracting In Just 72 Hours

Juno selects Zero Hash as their infrastructure partner for their crypto stack

Juno, the FinTech that offers fast on and off-ramps to crypto and seamless bridges to Layer 2, along with a crypto-back reward debit card, recently announced a partnership with crypto infrastructure platform, Zero Hash.

Juno recently advised its customers that it was migrating providers from Wyre to a new provider. In just 72 hours from their initial call, Zero Hash and Juno completed contracts and have made substantial progress in taking Juno live. Zero Hash has implemented a priority migration program for any platforms affected by Wyre’s announcement of a wind down.

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Partnering with Zero Hash enables platforms to offer:

  • Custody, Settlement, and Liquidity for 60+ crypto assets across 22 blockchains that are proven at scale;
  • Stablecoins with multi-chain support; and
  • An embedded crypto product that can launch in weeks rather than years, leveraging Zero Hash’s regulated infrastructure.

There has been uncertainty in the crypto-ecosystem and Zero Hash believes that these events underscore facets that it has put at the core of its business and believes should be pre-requisites in the space. Zero Hash has operated as a crypto-as-a-service market leader since 2017. Some of the largest companies globally rely on Zero Hash including tastyworks, Current, Moonpay, and DraftKings because of our stability, regulatory strength, and high standards.

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CEO of Juno, Varun Deshpande, said, “Juno has quickly established ourselves 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 have 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 buys and deposits within weeks.”

“We’re thrilled Juno selected Zero Hash to be their new trusted partner for their crypto infrastructure,” said Edward Woodford, CEO at 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 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 that is now trusted by some of the biggest FinTechs including Moonpay and Current.”

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[To share your insights with us, please write to sghosh@martechseries.com]

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