# Revoult, ZeroHash Apply for U.S. Banking Charters *Author: Jack Inabinet* *Published: Mar 5, 2026* *Source: https://www.bankless.com/read/news/revoult-zerohash-apply-for-u-s-banking-charters* --- ZeroHash – a leading crypto and stablecoin infrastructure provider – and Revoult – a UK-based global neobank that offers crypto trading – have both applied with the Office of the Comptroller of the Currency (OCC) for U.S. banking charters. ### What's the Scoop? - **ZeroHash Applies:** Yesterday, ZeroHash [announced](https://www.globenewswire.com/news-release/2026/03/04/3249768/0/en/zerohash-Applies-for-a-National-Trust-Bank-Charter-to-Further-Strengthen-Regulated-Stablecoin-Digital-Asset-Infrastructure.html) it has applied with the OCC for a National Trust Bank Charter, which will allow it to offer nationwide asset custody without needing to secure individual licenses at the state level. Zerohash’s [press release](https://www.globenewswire.com/news-release/2026/03/04/3249768/0/en/zerohash-Applies-for-a-National-Trust-Bank-Charter-to-Further-Strengthen-Regulated-Stablecoin-Digital-Asset-Infrastructure.html) notes that the charter will help the firm "expand its services offerings under a federal framework, including those activities that fall under the GENIUS Act." - **Revoult Follows:** Today, Revolut [announced](https://www.revolut.com/news/revolut_files_u_s_bank_charter_application_names_new_u_s_ceo/) its application for a full U.S. National Bank Charter, which allows licensees to engage in fractional reserve banking, provides direct access to the Federal Reserve system, and offers depositors FDIC insurance. Revoult also [appointed](https://www.revolut.com/news/revolut_files_u_s_bank_charter_application_names_new_u_s_ceo/) long-time fintech executive Cetin Duransoy as its U.S. CEO. ### What's the Take: As crypto moves into its regulated institutional era, firms have begun frantically filing for OCC banking charters. Until December, Anchorage Digital had been the lone OCC-approved digital asset bank. But after the regulator [batch approved](https://www.bankless.com/read/news/u-s-national-banking-regulator-grants-trust-charters-to-five-crypto-banks) six new crypto-adjacent trust banking licenses, both crypto-native companies and traditional financial institutions have rushed to join the queue. Stripe's Bridge [applied](https://bankless.ghost.io/fbi-arrests-man-who-allegedly-stole-46m-from-u-s-marshals/) for a crypto-focused trust banking licenses last month, Morgan Stanley's digital asset subsidiary [applied](https://www.bankless.com/read/news/morgan-stanley-applies-for-digital-asset-banking-charter) for its own trust banking charter last week, and crypto exchange Kraken [secured](https://www.bankless.com/read/news/kraken-wins-fed-master-account-first-for-crypto-native-firm) a full U.S. banking license just yesterday. > You see the product. We power the rails. ⚡️ [pic.twitter.com/fBPf2RGKSl](https://t.co/fBPf2RGKSl)— zerohash (@zerohashx) [March 2, 2026](https://twitter.com/zerohashx/status/2028586315009368242?ref_src=twsrc%5Etfw)