TradeStation Crypto Establishes Strategic Partnership with Zero Hash

TradeStation Crypto Establishes Strategic Partnership with Zero Hash

By Capital Markets CIO Outlook | Monday, November 23, 2020

Zero Hash offers the infrastructure to automate collateral management and loan settlement, thereby helping tackle counterparty risk and simplifying the adoption of multiple forms of collateral.

FREMONT, CA: TradeStation Crypto, a subsidiary of TradeStation Group, has established a strategic partnership with Zero Hash, an API driven financial institution, to manage its digital asset loan book. Through the collaboration, TradeStation Crypto can optimize loan submission and settle digital assets, benefiting from Zero Hash's automation and real-time valuation feeds. TradeStation Crypto and its loan counterparties can now experience greater efficiency throughout the loan lifecycle.

Zero Hash's lending product enables TradeStation Crypto to bring scale and efficacy to the crypto lending marketplace. As one of the first brokers to embrace this technology, TradeStation Crypto brings higher institutionalization levels and maturity into the digital asset space.

Zero Hash offers the infrastructure to automate collateral management and loan settlement, thereby helping tackle counterparty risk and simplifying the adoption of multiple forms of collateral. In short, this enables TradeStation Crypto to introduce some of the sophistication common in the equity repo markets to digital asset lending.

Key features of the "Zero Hash Lending Infrastructure" include:

Balance: Verify real-time account balances and deposits across crypto assets, with ownership validation.

Collateral Management: Monitor in real-time and automate the management of calls for additional collateral and collateral refunds.

Multiple Collateral Types: Collateral can be posted in over 15 digital assets and 20+ fiat pairs.

Loan history: Access detailed loan history with real-time transaction updates across 600+ transaction pairs.

"The Crypto lending space has experienced great growth in 2020, driven by attractive yields on crypto asset loans. There is a need for automation in the crypto lending space. Automation is the only way to bring scale and achieve higher levels of institutionalization in the marketplace," said James Putra, Senior Director of Product Strategy at TradeStation Crypto.

"TradeStation Crypto is paving the way for institutional firms to engage in crypto lending. This lending product is one of the most exciting innovations in the space. We are looking forward to seeing how these new products will bring scale and efficiency to the crypto lending space," said Edward Woodford, Zero Hash's co-founder and CEO.

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