Tap launches crypto on-and-off ramp in the U.S. with Zero Hash

GlobeNewswireOctober 5, 20235 min

Zero Hash, the leading crypto infrastructure platform, announced that Tap, the regulated cryptocurrency app bridging the gap between traditional finance and blockchain technology has leveraged Zero Hash’s full-stack API to expand into the U.S.

Tap has built a significant waiting list in the U.S. and through the partnership with Zero Hash can now offer these customers a sophisticated and flexible crypto on-and-off-ramp experience, with access to 24 digital assets, including BTC, ETH, XRP and USDC.

Tap can facilitate P2P transfers, deposit crypto from an external wallet, withdraw crypto to an external wallet, crypto swaps and crypto rewards, using Zero Hash’s building blocks of liquidity, custody, and settlement. The crypto on-and-off-ramp front end customer experience is controlled by Tap, with Zero Hash managing the technical infrastructure and providing its regulated liquidity, custody, and settlement services.

“Tap has built a reputation in Europe as a safe, secure, and reliable platform for users to buy, sell and hold cryptocurrencies. Zero Hash’s technology and high regulatory standards made them the perfect partner for us to build the same reputation in the U.S. market,” said Arsen Torosian, Chief Strategy Officer, Tap. “Our mission is to provide customers with the freedom to control their crypto assets, Zero Hash’s flexible and modular platform enables us to deliver on this promise.”

Tap is available in 45 countries and has amassed over 200k users. Its’ customers benefit from a sophisticated money app that grants global access to investing and democratized access to finance, all designed to revolutionize how customers manage their money and trade.

As part of the partnership with Zero Hash, Tap will launch a fiat-to-crypto on-and-off-ramp later in 2023. Tap’s customers will in due course be able to buy and sell crypto via ACH bank transfers. Customer trades will be enabled by Zero Hash’s bank account linking, funding and ACH transfers functionality.

“Tap has established itself as a leading money app in Europe, onboarding hundreds of thousands of users to the crypto economy,” said Edward Woodford, Founder and CEO, Zero Hash. “We are pleased that Tap has chosen to partner with Zero Hash for their expansion to the U.S., reinforcing our position as the most trusted and sophisticated B2B2C crypto-as-a-service infrastructure for global innovators.”

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