One of the top crypto platforms Dash Network has announced a new liquidity partner – Secure Digital Markets (SDM), SDM is a globally focused digital asset trading platform for institutions, regulated by FINTRAC in Canada. The announcement, which was fist posted by Dash, says SDM has completed over $2 billion in Over-the-Counter (OTC) digital asset trading and will cater to institutional holders of Dash.
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With the new partnership, SDM will help institutional investors to buy, sell, and trade Dash through the Secure DigitMarkets OTC desk. “Dash holders will access deep liquidity, competitive prices and industry-best customer service. The integration makes it easier and more affordable for Dash stakeholders to buy and sell Dash against fiat and other cryptocurrency trading pairs,” the news announcement explained.
The engagement will increase the number of on and off-ramps; Dash is known for its lightning fast transaction speeds and security features, such as ChainLocks. “SDM offering liquidity across a wide range of cryptocurrencies, stablecoins, and fiat currency trading pairs to a global user base is the kind of variety that we are looking for. Their OTC platform is plugged into the best liquidity providers in the industry and is able to supply clients with the tightest prices on large trades. SDM is active in more than 20 different countries and supports multiple currencies – such as USD, EUR, JPY, MXN, CAD, BRL, and GBP – which can now all be used to purchase DASH,” said Ryan Taylor, the CEO of Dash Core Group.
“We’ve been following Dash’s growth story for years and SDM is thrilled to join Dash’s ecosystem. Adding Dash to SDM’s portfolio of digital assets significantly broadens the trading desk’s offering to our clientele. While continually supporting SDM’s ethos of uncovering value in the market and helping our client’s identify unique opportunities outside of Bitcoin.” commented David Shafrir, the CEO of Secure Digital Markets
Secure Digital Markets was founded in 2017 by David Shafrir and Zachary Friedman. It is now a part of the GDA group of companies, a global blockchain focused financial institution. SDM team has many early blockchain and digital asset industry pioneers who help provide bespoke financial services for institutions, exchanges, miners and individuals “seeking a safe and secure pathway to digital asset trading & liquidity,” the company states. In addition to its trading desk, Secure Digital Markets offers various structured products and lending services catering to a wide array of industry participants.
The post Dash Adds Secure Digital Markets (SDM) to Its Liquidity Providers Partners appeared first on Global Coin Report.
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