USA – Zero Hash, a Chicago, IL-based provider of an infrastructure to settle digital assets in an automated and regulated way, closed its Series C funding round of undisclosed amount.
The round was led by tastytrade, a Chicago-based holding company that owns major broker dealers including tastyworks and Dough, as well The Small Exchange, with participation from existing investors Bain Capital TradeStation, CMT Digital and Monday Capital.The company intends to use the funds to enrich its feature base around its automated lending infrastructure as well as expand its product offering to include ACH processing. Led by Edward Woodford, co-founder and CEO, Zero Hash provides the infrastructure to settle digital assets in a completely automated and regulated way. Key features include:Zero Hash is a FinCen-registered Money Service Business as well as a regulated Money Transmitter that can operate in more than 45 states. It also holds a virtual currency license from NYDFS.The client base, that it has publicly announced, includes payment service providers including Moonpay and Banxa, established broker dealers including TradeStation as well as some of the largest OTC groups globally. 02/09/2020
