Search results for Hasib Qureshi
Crypto
Zcash Open Development Lab raises $25 million seed to boost Zcash privacy
Zcash Open Development Lab (ZODL) raised $25 million in a seed round from major cryptocurrency investors including Paradigm, a16z Crypto, Winklevoss Capital and Coinbase Ventures, The Block reported on March 9. ZODL said it will use the funds to accelerate development of Zcash privacy technology. The round also included Maelstrom, Balaji Srinivasan, David Friedberg and Hasib Qureshi. ZODL manages an open-source Zodl Zcash wallet based on ECC’s Zashi wallet.
Crypto
Stablecoin card payments emerge as a key trend in 2026
Stablecoin card payments are emerging as a major theme in the crypto industry in 2026. Cointelegraph reported that Dragonfly’s Hasib Qureshi said stablecoin cards would reshape global economic payment flows. Bloomberg Intelligence forecast that stablecoin payment flows would grow 81 percent a year on average to reach $56.6 trillion by 2030. Fintech startup Rain raised $250 million and said its annual payment volume rose 40-fold. Some investors remain skeptical.
Crypto
Big Tech to debut crypto wallets in 2026; fintech-led layer 1 will fail
Cointelegraph reported on Dec. 30, citing Dragonfly managing partner Hasib Qureshi, that Big Tech companies will introduce crypto wallets in 2026 and Fortune 100 firms will build their own blockchains. Qureshi expects financial and fintech firms to use tools such as Avalanche, OP Stack, Orbit and ZK Stack to create more private, permissioned networks while retaining public-chain connectivity. He said fintech-led layer 1 launches will fail and AI agents will not transact meaningful sums in 2026.