A summer investment with a taste of Gin & Tonic: Zero Hash.
As we work towards our vision of democratizing access to money, we are excited to announce our latest investment. Zero Hash
In order to understand ZeroHash, we need to give some context outside crypto.
Have you heard of Chime or any other neo-bank or bank app for Millenials? All of these companies are not banks. They are utilizing the banking licenses of an already established institution (a bank) allowing the developers of those apps to focus on their business and users, rather than spending millions and years to obtain a license. The explosive growth in this app category wouldn’t be possible if this concept did not exist.
Now, what is Zero Hash? It’s simply the above paradigm brought to cryptocurrencies. Every developer that wants to develop an app, exchange, e-wallet, or whatever other services that deal with fiat & crypto, can just plug into their APIs and start building. Without having to worry about obtaining a ton of licenses that are usually needed. This allows them to focus on their business and not on regulations.
Zdro Hash has all the required global licenses to deal with custody, settlements, and fiat on-ramps and off-ramps for their clients. Developers just need to plug into their APIs and start building globally, hassle-free.
The company has a fascinating story that we can discuss over Gin & Tonics (British founder’s tribune). Founders are young, smart, passionate, and hungry. What we miss from this space.
Ed, Bryan and team, we are excited to be part of this and as you already know by now, plz don’t “let us know how we can be helpful” 😉