“We’re really looking forward to the continued momentum from a regulatory perspective across the world.” – 02:03
Edward Woodford, the founder and CEO of Zerohash, joins Remy Blaire to discuss the revelation that, within the next 18 to 24 months, most major banks are expected to offer crypto trading services, a significant shift in the financial landscape that was once deemed inconceivable.
Remy and Edward delve into the implications of the House Pass Clarity Act, which aims to provide essential regulatory clarity for the banking industry as it navigates the complexities of cryptocurrency. Edward shares insights into Zerohash’s three core offerings: a crypto-as-a-service product that allows firms like Interactive Brokers and Morgan Stanley to seamlessly integrate cryptocurrency into their services; a stablecoin product designed for various payment applications; and a tokenization service that enables the digital representation of assets, including stocks and currencies.
The discussion highlights the recent fundraising round for Zerohash, which has attracted significant strategic investors, including major banks and financial institutions. Edward expresses enthusiasm about the trust these partnerships instill in Zerohash and the potential for accelerated growth, especially in light of favorable regulatory developments.
As the conversation progresses, Edward emphasizes the role of stablecoins as a powerful alternative payment method, particularly for U.S.-based customers who are increasingly utilizing stablecoins for transactions. He provides examples of live implementations where users can fund their brokerage accounts with stablecoins, underscoring the growing acceptance and demand for these digital assets.