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Crypto
Zerohash seeks new funding at higher valuation after Mastercard investment collapses
Mastercard has withdrawn plans to invest in cryptocurrency infrastructure company Zerohash. A recent CoinDesk report said Mastercard’s $1.8 billion acquisition of UK stablecoin infrastructure company BVNK appeared to have influenced the decision. Mastercard had been considering a strategic investment even after Zerohash signaled it would go its own way in January. Zerohash is now pushing a new funding round at a higher valuation than before.
Crypto
Morgan Stanley starts crypto trading on E*Trade, sets 0.5 percent fee
Morgan Stanley has started direct cryptocurrency trading on its online brokerage platform E*Trade. The service is in a pilot phase for a small group of users and currently supports bitcoin, ether and solana. Morgan Stanley applies a 50-basis-point, or 0.5 percent, fee per trade, aiming to attract retail investors at lower costs than rivals. A wider rollout to E*Trade’s 8.6 million customers is expected in late 2026.
Crypto
Zerohash applies to U.S. OCC for federal trust bank charter
Crypto infrastructure firm Zerohash has applied to the U.S. Office of the Comptroller of the Currency for a national trust bank charter, The Block reported on Tuesday. The move follows crypto firms including Ripple, Circle and BitGo. An OCC filing says the proposed trust bank plans to offer custody and other services spanning digital assets, fiat currency, staking, transfers, trade execution, stablecoin management and payments-related functions.