Dash, one of the largest cryptocurrencies by market capitalization focused on instant transactions and micro-fees, and Secure Digital Markets (SDM), a globally focused digital asset trading platform for institutions that have completed over $2 billion in Over-the-Counter (OTC) digital asset trading, have partnered on a Dash currency focused OTC desk that caters to institutional holders of Dash.
Dash chose to include Secure Digital Markets (SDM) as an official liquidity provider to make it easier for Dash’s ever-expanding community of institutional investors to buy, sell, and trade Dash. Through the Secure Digital Markets 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. This engagement will increase the number of on and off-ramps which further reinforces Dash’s position as the leading digital cash for individuals and businesses around the world.
Dash enables quick, easy, and cheap payments across borders. Thousands of merchants and services around the globe have adopted Dash to leverage its near-instant transaction speed, security (the only 51% attack proof cryptocurrency by virtue of its technology), and its user-friendly experience. Dash has grown rapidly since revealing its strategic focus on hyperinflation, remittances, and integrating InstantSend and ChainLocks into its partner platform.
“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.” – Ryan Taylor, CEO at Dash Core Group
Focused on providing bespoke treasury management and liquidity solutions to clients including high net worth individuals, institutions, and miners, Secure Digital Markets provides a trusted pathway to aggregate digital asset liquidity across exchanges for off-exchange transactions. Secure Digital Markets has streamlined the acquisition, storage, and liquidation of digital assets to ensure that all customers’ needs are delivered in a secure and compliant manner.
“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.” – David Shafrir, CEO at Secure Digital Markets.
Dash is digital cash designed to offer financial freedom to everyone. Dash allows millions of individuals across the globe to carry out instantly re-spendable and secure transactions, with near-zero fees. Built to support real-life use cases, Dash is the leading decentralized payment solution: it is accepted at merchants globally, accessible via 1,600+ ATMs and 100+ exchanges worldwide.
Dash has pioneered groundbreaking features including: a two-tier network with incentivized nodes and decentralized project governance (Masternodes), instantly settled payments (InstantSend), instantly immutable blockchain (ChainLocks), and more. The Dash Network’s development is supported by Dash Core Group, the largest organization funded by the Dash Treasury, which supports and nurtures the continued worldwide development and integration of Dash. For more information, visit https://www.dash.org/ or follow the organization on Twitter @DashPay.
Secure Digital Markets, founded in 2017 by David Shafrir and Zachary Friedman is a proud part of the GDA group of companies, a global blockchain-focused financial institution. SDM’s corporate culture brings together a world-class team of executives who have more than 50 years of traditional capital markets experience and who were early blockchain and digital asset industry pioneers.
Secure Digital Markets provides bespoke financial services for institutions, exchanges, miners, and individuals seeking a safe and secure pathway to digital asset trading & liquidity. In addition to its trading desk, Secure Digital Markets also offers various structured products and lending services catering to a wide array of industry participants. SDM is currently regulated by FINTRAC in Canada.
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Disclaimer: This article must not be considered as news/advice.