Zerohash launches AUTH to move crypto without copying wallet addresses
Crypto services firm Zerohash has launched AUTH, a tool that lets people move crypto between linked accounts without copying a wallet address or choosing a blockchain network. A blockchain is the shared digital ledger that records crypto transactions. Zerohash announced the tool at the Money20/20 conference in Las Vegas, and CoinDesk reported the launch on Oct 19, 2026.
Each app that offers AUTH decides which assets, accounts and transfer types it allows. The launch comes as Zerohash continues to pursue a federal trust charter, a type of banking permission.
What AUTH does and how many accounts it links
- Users pick an account or wallet inside an app that offers AUTH, sign in and approve the transfer.
- AUTH handles routing and settlement, so users do not copy addresses or pick a network.
- The service supports crypto, stablecoins (digital tokens designed to hold a steady value) and blockchain-based securities such as stock tokens.
- Zerohash says AUTH supports more than 600 connections, including Coinbase, Robinhood, Gemini, MetaMask and Phantom.
What Zerohash's announcement says
According to Zerohash's statement, Ryan Beaudry will serve as general manager of AUTH. He previously worked as executive vice president of global product and operations for open finance at Mastercard. Beaudry said: "Onchain rails scale when users stop thinking about the underlying technology. Usability, trust and control is the inflection point for mass adoption."
Zerohash said the goal of the product is to reduce the steps needed to move funds. Its developer documentation lists support for 639 wallets and four exchange or brokerage accounts, which are platforms for buying and holding crypto. Coinbase, Robinhood and Gemini are live, while Kraken is in beta, the documentation shows.
The launch lands while the trust charter bid is still pending
In July, the Office of the Comptroller of the Currency returned Zerohash's application for a national trust bank charter. That is a step the agency takes when it considers a filing materially deficient. Zerohash called the return an administrative process and refiled a narrower application on Aug 18. The application is still pending.
Zerohash was founded in 2017 and is based in Chicago. According to its website, it has regulatory coverage across the EU, Latin America, Bermuda and the U.S., and runs regulated entities in 51 U.S. jurisdictions. The company held acquisition talks with Mastercard that fell through earlier this year, and was reportedly in talks at the time to raise $250 million at a $1.5 billion valuation.
Why address checks have frustrated users
Alex LaPrade, CEO of a non-custodial Ethereum and multi-chain wallet (a wallet where the user, not a company, controls the keys), said transfers to wallets have usually required repeated address checks and small test payments. He called these "one of the biggest points of friction" that AUTH aims to simplify. This is LaPrade's assessment, not a Zerohash claim.
Sources
Newisty Editorial Team covers technology, cryptocurrency, digital products, online platforms, developer tools and the wider digital economy. Our content is researched from official sources, company announcements, public documentation, market data and other primary or reputable sources. Articles are reviewed and edited before publication for clarity, accuracy and useful context.