The Financial Platform Crypto Companies Have Been Missing

If you run a crypto company, this might sound familiar.

A client pays you on a chain you don't use. You set up a new multisig wallet, receive it, bridge it back, swap it into the token you actually hold. Update the spreadsheet.

Payroll comes around. Move funds from the multisig to an exchange so nobody sees each other's salary. Send the funds, teammates want fiat? Use another platform for that. Then, update the spreadsheet again.

Time to pay Claude, Figma, and Linear. The founder uses his own card and pays it, reimburse onchain or use corporate cards from other platform. Then, update the spreadsheet again.

This is how most crypto companies manage onchain money in 2026.

I got tired of it. So I built something better.

The privacy thing nobody talks about

One time, a company paid me as part of a batch transaction. I just want to check the transaction and I opened the block explorer. At that time I am not trying to know about payment on others, I just want to check the transaction and saw every address that got paid, and how much. Some were linked to name services so I basically knew who got what. Even the ones without names, it's not hard to figure out if you spend a few minutes looking.

Then I went to the company's wallet. BOOM!!!

The company financial activity is naked in front of me. I am not from the financial department, I am not the C-level, I am not the core member of the company but the company financial activity is fully visible to me :)))

That's when I realized, it is how it is. Crypto companies have no financial privacy if you want to operate onchain. That's when I started thinking about Qash. But more on that later.

Of course! You have the solution! Run a crypto company but operate as traditional company, paying everything from fiat. That works! If all the team members from the same country!

And what does most of the company do about it? We move funds off-chain to Binance/CEXs and pay from there. Just think about how backwards that is. We built all this self-custodial infrastructure so companies can own their money, and then everyone just sends it to a CEX just to “be safe” on explorer.

Everyone's setup is broken, but nobody's fixing it

I spent the last few weeks talking to founders, CFOs, COOs running crypto companies operation from small teams of 3, bigger operations of 30, across Nigeria, China, Southeast Asia, the US, the EU, Latin America.

Same story everywhere:

• A multisig for treasury, or no multisig at all
• Spreadsheets for tracking
• A centralized exchange for payroll (some of them)
• Two or three other tools in the workflow to make everything work

Nobody was happy with their setup (some feel ok!). But nobody was looking to change it either. They just lived with it.

What founders actually told us

Here are some real conversations I had with founders. I will keep them anonymous and lets call them X, Y, Z (like mathematics!)

Founder X: A founder running a 15-person team, told me he wants to hand off payments to his assistant but he is not technical enough to deal with multisigs, exchanges, and spreadsheets all at once.

Nobody likes it. But everyone just accepts it because “that's how crypto works.”

I didn't want to accept it. So I started building.

Introducing Qash

Qash is business banking solution for crypto companies. Sounds fancy? Its actually just a financial platform and the easiest way to think about it: your multisig and your exchange in one place. Self-custody, privacy, and banking access.

Remember Founder X struggling to hand off payments? On Qash, his assistant can handle everything from one dashboard. Managing balances, payroll, invoices, approvals without moving between multisig, exchanges, hexadecimals addresses and blockchain wallets across different chains (DAMN, even writing this gives me a headache).

Remember Founder Y sending funds from multisig to Kraken then sending one by one on Kraken? On Qash, payroll goes out in one click. Fiat or crypto, doesn't matter, with the same privacy benefit of using CEXs.

Remember Founder Z moving funds back and forth between Binance and his wallet? On Qash, you receive from any chain, pay to any chain but everything stays in one place (with self-custody!).

Meanwhile, your treasury, your balances, your payments all remain confidential onchain. Only your core team sees it IF you added them.

We're also building corporate cards, yield on idle treasury, and banking rails so you can receive fiat and settle in stablecoin.

Why this matters right now

Every single company either pays in a mix of fiat and crypto or fully fiat. Every single one uses at least 3 tools to manage it. None of them had privacy (except the ones who go fully fiat).

One company I spoke to even shifted from paying in a mix of fiat and crypto to fully crypto, paying stablecoins for everyone. That wasn't happening 2 years ago.

The shift is already here. The tools just haven't caught up.

Our promise to the first 5 companies

We're live. It works. Its early, its buggy, I know. But we want to build this together with you, not just ship something and hope for the best.

For the first 5 companies that come on board:

• 3 months free whenever you start using it
• 50% lifetime discount

The people who show up early get the best deal, and it stays that way.

We will onboard you, sit down with you (e-meet!, or if you are around Kuala Lumpur, Malaysia or Ho Chi Minh City, Vietnam, happy to sit down together with you), understand how you work, learn where it hurts, and set things up together.

You tell us what you need, we build it. Something missing? We ship it. Something broken? We fix it that week. Your workflow shapes our roadmap.

We're doing it this way because the best stuff gets built when you're close to the people using it. We want to keep building like that.

Come talk to us

If you're running your company's finances through some mix of multisigs, spreadsheets, exchanges, neobanks, local bank, payroll platform, or even similar business banking platform, we want to chat.

DM me on Telegram: @ngjupeng or email: jp@qash.finance

Best, Ju Peng, Founder of Qash