Share this article

Zero Hash Launches Operations in Brazil as First Step in Latin America

After opening an office in São Paulo, the company now plans to offer execution, settlement and liquidity solutions to clients in the South American country.

Updated May 9, 2023, 4:01 a.m. Published Nov 3, 2022, 9:13 p.m.
São Paulo, Brazil (Bruno Thethe/Unsplash)
São Paulo, Brazil (Bruno Thethe/Unsplash)

This article is adapted from CoinDesk Brasil, a partnership between CoinDesk and InfoMoney, one of Brazil's leading financial news publications. Follow CoinDesk Brasil on Twitter.

Zero Hash, which helps companies offer digital assets to their clients, opened operations in Brazil as the first step of its expansion into Latin America.

STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters

The company can now provide partners in Brazil custody, execution, settlement and liquidity solutions, said Zero Hash CEO Edward Woodford in a statement.

Following a $35 million funding round in January, Zero Hash established its Latin American headquarters in São Paulo, Brazil's most populous city. The company said it now has over 50 employees that support its regional operations.

“There is immense potential in the LatAm region and Zero Hash brings the deep domain expertise of powering crypto products for some of the major payment platforms worldwide,” said Fernando Velicka, head of growth at Zero Hash for Latin America.

Read more:Stablecoin Issuer Tether to Make USDT Available at 24,000 ATMs in Brazil

More For You

State of the Blockchain 2025

State of the Blockchain 16:9

L1 tokens broadly underperformed in 2025 despite a backdrop of regulatory and institutional wins. Explore the key trends defining ten major blockchains below.

What to know:

2025 was defined by a stark divergence: structural progress collided with stagnant price action. Institutional milestones were reached and TVL increased across most major ecosystems, yet the majority of large-cap Layer-1 tokens finished the year with negative or flat returns.

This report analyzes the structural decoupling between network usage and token performance. We examine 10 major blockchain ecosystems, exploring protocol versus application revenues, key ecosystem narratives, mechanics driving institutional adoption, and the trends to watch as we head into 2026.

More For You

Coinbase agrees to buy The Clearing Company to deepen prediction markets push

Coinbase CEO Brian Armstrong speaking to House Speaker Mike Johnson on July 18, 2025. (Jesse Hamilton/CoinDesk)

The deal brings a team with specialized experience building event-based trading systems, including veterans from Polymarket and Kalshi.

What to know:

  • Coinbase is acquiring The Clearing Company, a startup with experience in prediction markets, to help grow its newly introduced platform.
  • The deal brings in a team with specialized experience building event-based trading systems, including veterans from Polymarket and Kalshi.
  • The acquisition is part of Coinbase's plan to become an "Everything Exchange", offering a wide range of trading options, including novel cryptocurrencies, perpetual futures contracts, stocks, and prediction markets.