Zerohash has launched AUTH, a service designed to let users move crypto between linked exchange accounts and self-custody wallets without manually copying wallet addresses or selecting a blockchain network. The Chicago-based crypto infrastructure company announced the product at the Money20/20 conference in Las Vegas.
How AUTH works
AUTH is built into applications through Zerohash’s APIs and developer tools. A user selects an eligible account or wallet within an app, signs in and approves the transfer. Zerohash manages the routing and settlement, while the application determines which assets, accounts and transaction types are available.
The system is intended to support crypto, stablecoins and blockchain-based securities, including stock tokens. Stablecoins are digital assets designed to track the value of an underlying currency or other asset, while stock tokens represent securities using blockchain technology.
Zerohash says AUTH supports more than 600 connections. Its developer documentation listed 639 wallets and four exchange or brokerage accounts, including Coinbase, Robinhood, Gemini, MetaMask and Phantom among the supported services. Coinbase, Robinhood and Gemini are live on the platform, while Kraken is listed as being in beta.
The company’s stated aim is to remove several steps that can make digital-asset transfers difficult for less experienced users. In a conventional transfer, a person may need to copy a long wallet address, confirm that it is correct, select the appropriate blockchain and sometimes make a small test transaction before sending the full amount. Sending assets over an incompatible network or to an incorrect address can create serious problems, so reducing manual entry is a significant usability change, even though the available controls remain set by each application.
“Onchain rails scale when users stop thinking about the underlying technology. Usability, trust and control is the inflection point for mass adoption,” said Ryan Beaudry, AUTH’s general manager. Beaudry previously served as executive vice president of global product and operations for open finance at Mastercard.
Zerohash’s regulatory backdrop
The product launch comes while Zerohash is pursuing a national trust bank charter. In July, the Office of the Comptroller of the Currency returned the company’s application, saying the filing was materially deficient. Zerohash described the return as an administrative process and submitted a narrower application on Aug. 18. The application remains pending.
A trust charter would be relevant to Zerohash’s broader position as a provider of financial infrastructure for digital assets, but the source material does not indicate how or when the pending application will be decided. The company already says it has a global regulatory footprint covering the European Union, Latin America, Bermuda and the United States, with regulated entities in 51 U.S. jurisdictions.
Founded in 2017, Zerohash provides businesses with infrastructure covering custody, compliance, liquidity, settlement and blockchain connectivity. Companies connect to its systems through APIs and developer tools. Its customers include Morgan Stanley’s E*Trade, according to the company’s website.
The firm was also reported to have held acquisition discussions with Mastercard, although those talks fell through earlier this year. At that time, Zerohash was reportedly discussing a $250 million fundraising round at a $1.5 billion valuation. Those discussions are separate from the AUTH launch and do not establish the company’s current valuation or financing status.
Why the launch matters
Crypto transfers have traditionally required users to understand technical details that are largely invisible in conventional payments, such as wallet identifiers and blockchain networks. AUTH attempts to place those decisions behind an account-selection and approval process. That could make transfers easier to use inside financial or trading applications, while leaving the application provider responsible for deciding what a customer can move and where.
Alex LaPrade, chief executive of a non-custodial Ethereum and multi-chain crypto wallet, said transfers to wallets had involved repeated address checks and test payments. He described those steps as a major source of friction that AUTH is intended to reduce.
The launch therefore focuses on operational simplicity rather than introducing a new asset. Its usefulness will depend on how widely applications support the service, which assets and destinations they enable, and how users understand the approvals they are authorizing. Zerohash says the service is designed to handle the technical routing and settlement, but the available transfer experience remains dependent on the app through which AUTH is offered.
Moneyiar market picture
Moneyiar market data at 9:58-9:59 p.m. on Oct. 19, 2026, showed mixed performance among the two tracked assets:
- Walrus (WAL) was priced at $0.0380248189, down 0.57% over 24 hours but up 6.65% over seven days.
- Movement (MOVE) was priced at $0.0071947783, up 1.43% over 24 hours but down 17.23% over seven days.
These figures describe the market prices and percentage changes at the stated times and are not a forecast or investment recommendation.
