Zero Hash launches Lightning Network and Universal Money Address (UMA) support in partnership with Lightspark
02 Julio 2024 - 8:00AM
Zero Hash, the leading crypto and stablecoin platform, today
announced that it has embedded the Lightning Network into its
infrastructure, enabling instant, low-cost bitcoin transfers. Zero
Hash integrated the Lightning Network in partnership with
Lightspark, the leading enterprise-grade infrastructure for
payments on the Internet.1
As of today, Zero Hash’s full-stack
API and SDK infrastructure abstracts away the complexities of
integrating Lightning, enabling companies to offer their customers
the ability to send, receive, or pay with Bitcoin in near real-time
and at low cost. Companies can natively embed Lightning into their
application and control the front-end customer experience. Zero
Hash manages the end-to-end technical and regulated money
movement.
Zero Hash’s crypto and stablecoin
infrastructure seamlessly enables additional rails for customers to
build real-world utility and new innovative models for the future
of payments across remittances, commerce, payroll, and brokerages.
Zero Hash powers many leading on-ramps and payment groups,
including Stripe and Shift4.
“Lightning is another example of Zero
Hash simplifying access to the future rails and transfer of rail.
Our partnership with Lightspark enables our customers to send BTC
at fast speeds and low costs globally, rivaling incumbent methods,”
said Edward Woodford, Founder and CEO of Zero Hash. “For companies
who want to leverage the Lightning Network, Zero Hash provides a
proven, trusted, and compliant bridge to use these rails through
our API or SDK.”“Zero Hash enabling Lightning unlocks a key
milestone in our shared mission of bringing Internet-powered
payments to businesses and consumers. We’re also excited to see
Zero Hash’s partners, which include some of the largest brokerages,
fintech, and payments groups in the world, be able to provide their
customers with UMAs - making sending money as simple as sending an
email,” said David Marcus, CEO and Co-Founder of Lightspark. “We'll
continue to partner with the Zero Hash team to improve
accessibility to Lightning and power new models for the future of
payments.”
About Zero Hash
Zero Hash is a B2B2C crypto-as-a-service infrastructure platform
that allows any platform to embed digital assets natively into
their own customer experience quickly and easily through a matter
of API endpoints. Zero Hash’s turnkey solution handles the entire
backend complexity and regulatory licensing required to offer
crypto products.
Zero Hash Holdings, through its subsidiaries, powers neo-banks,
broker-dealers, payment groups as well as non-financial brands to
offer crypto and stablecoin powered products.
Zero Hash Holdings is backed by investors, including Point72
Ventures, Bain Capital Ventures, and NYCA.
Zero Hash LLC is a FinCen-registered Money Service Business and
a regulated Money Transmitter that can operate in 51 US
jurisdictions. Zero Hash LLC and Zero Hash Liquidity Services LLC
are licensed to engage in virtual currency business activity by the
New York State Department of Financial Services. In Canada, Zero
Hash LLC is registered as a Money Service Business with
FINTRAC.
Zero Hash Australia Pty Ltd. is registered with AUSTRAC as a
Digital Currency Exchange Provider, with DCE registered provider
number DCE100804170-001. This registration enables Zero Hash to
offer its crypto services in Australia. Zero Hash Australia Pty
Ltd. is registered on the New Zealand register of financial service
providers, with Financial Service Provider (FSP) number FSP1004503.
A FSP in New Zealand is a registration and does not mean that Zero
Hash Australia Pty Ltd. is licensed by a New Zealand regulator to
provide crypto services. Zero Hash Australia Pty Ltd.’s
registration on the New Zealand register of financial service
providers does not mean that Zero Hash Australia is subject to
active regulation or oversight by a New Zealand regulator.
Zero Hash Europe B.V. is registered as a Virtual
Asset Services Provider (VASP) registration by the Dutch Central
Bank (Relation number: R193684). Zero Hash Europe Sp.
Zoo is registered as a VASP by the Tax Administration
Chamber of Poland in Katowice (Registration number RDWW –
1212).
Connect with Zero Hash
Website | X | LinkedIn | Medium
About Lightspark
The Internet lacks a protocol for money. Lightspark is building
the tools and services to make it happen. Lightspark builds
enterprise-ready infrastructure for open payments for the Internet
at scale, using the Lightning Network. An always-on, low-cost,
universal payment network will completely transform how money is
moved, enabling businesses and developers to transform existing
solutions and build new financial systems, services, and processes
accessible to everyone, transcending geographical restraints.
Lightspark is headquartered in Los Angeles, California, but serves
the world.
Connect with Lightspark
www.lightspark.com | X | LinkedIn
Zero Hash Contact
Shaun O’keeffe
(855) 744-7333
media@zerohash.com
Zero Hash Disclosures
Zero Hash services and product offerings may not be available in
all jurisdictions. Zero Hash accounts are not subject to FDIC or
SIPC protections, or any such equivalent protections that may exist
outside of the US. Zero Hash’s technical support and enablement of
any asset is not an endorsement of such asset and is not a
recommendation to buy, sell, or hold any crypto asset. The value of
any cryptocurrency, including digital assets pegged to fiat
currency, commodities, or any other asset, may go to zero. Zero
Hash is not registered with the SEC or FINRA. Zero Hash does not
provide any securities services and is not a custodian of
securities, including security tokens, on behalf of customers.
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1 Lightning Network support is not yet available to customers in
New York.