Crypto infrastructure company Zerohash has filed an application with the Office of the Comptroller of the Currency (OCC) seeking a National Trust Bank license to expand its digital asset services capabilities. According to the filing, the trust bank plans to offer a range of digital asset-related services, including digital asset and fiat currency custody, escrow and verification services, transfer agency services, trade execution, stablecoin management, and settlement, clearing, and escrow services. Zerohash's Chief Legal Officer, Stephen Gardner, has been nominated as the trust bank's CEO. This application follows a similar regulatory path taken by several crypto companies. Previously, Ripple, Circle, and BitGo also applied to establish federally regulated trust banks and received conditional approval from the OCC last December. It should be noted that even with the license, Zerohash will not be able to conduct traditional banking activities, such as accepting deposits or making loans. However, the license will allow the company to operate under federal regulations, making it easier to attract institutional clients.