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Dash Adds Secure Digital Markets (SDM) to Its Liquidity Providers Partners

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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. 

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. 

Altcoins

XNO Token of Xeno NFT Hub listed on Bithumb Korea Exchange

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Hong Kong, Hong Kong, 25th January, 2021, // ChainWire //

Xeno Holdings Limited (xno.live ), a blockchain solutions company based in Hong Kong, has announced the listing of its ecosystem utility token XNO on the ‘Bithumb Korea’ cryptocurrency exchange on January 21st 2021.

Xeno NFT Hub (market.xno.live ), developed by Xeno Holdings, enables easy minting of digital items into NFTs while also providing a marketplace where anyone can securely trade NFTs.

The Xeno NFT Hub project team includes former members of the technology project Yosemite X based in San Francisco and professionals such as Gabby Dizon who is a games industry expert and NFT space influencer based in Southeast Asia.

NFT(Non-Fungible Token) technology has recently gained huge focus in the blockchain arena and beyond, making waves in the online gaming sector, the art world, and the digital copyrights industry in recent years. The strongest feature of NFTs is that “NFTs are unique digital assets that cannot be replaced or forged”. Unlike fungible tokens such as Bitcoin or Ether, NFTs are not interchangeable for other tokens of the same type but instead each NFT has a unique value and specific information that cannot be replaced. This fact makes NFTs the perfect solution to record and prove ownership of digital and real-world items like works of art, game items, limited-edition collectibles, and more.

NFTs are already being actively traded in markets globally. For…

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Altcoins

XENO starts VIP NFT trading service and collaborates with contemporary artist Hiro Yamagata

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Hong Kong, Hong Kong, 24th December, 2020, // ChainWire //

The XENO NFT Hub (https://xno.live) will provide a crypto-powered digital items and collectables trading platform allowing users to create, buy, and sell NFTs. Additionally it will support auction based listings, governance and voting mechanisms, trade history tracking, user rating and other advanced features.

As a first step towards its fully comprehensive service, XENO NFT Hub launched a recent VIP service to select users and early adopters in December 2020 with plans for a full Public Beta to open in June 2021. 

“NFTs are extremely flexible in their usage, from digital event tickets to artwork, and while NFTs have a very wide spectrum of uses and categories XENO will initially focus its partnership efforts and its own item curation on three primary areas: gaming, sports & entertainment, and collectibles.”, said XENO NFT Hub president Anthony Di Franco.

He also added “This does not mean we will prohibit other types of NFTs from our ecosystem However, it simply means that XENO’s efforts as a company will be targeted into these verticals initially as a cohesive business approach.”

Development and Procurement Lead, Gabby Dizon explained, “Despite our initial focus, we found ourselves with a unique opportunity to host some of the works of Mr. Hiro Yamagata. We are collaborating with Japanese artist Hiro Yamagata to enshrine some of his artwork into NFTs.”

Mr. Yamagata has been…

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Currency Market

GDA Group Announces Global Fund Management

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The GDA Group, an established North American financial institution fostering the adoption of digital assets and other disruptive technologies, has launched its latest venture, Global Fund Management. The venture will provide simple and secure digital asset exposure for institutional and accredited investors.    

Our mission is to create long-term value for our investors through the identification of strategies that can generate alpha through the new digital asset class, while ensuring to also limit possible downside on any strategy. We invest across alternative asset classes through actively managed hedge funds, trading algorithms, and private equity vehicles,” said GDA Group COO Zachary Friedman. He added that “Global Fund Management looks to outperform the market and take to market the best performing fund vehicles for every niche of the digital asset ecosystem.”

In addition to providing a path for institutional and accredited investors into the digital assets realm, Global Fund Management is providing exclusive insights on a number of fast growing blockchain industry segments such as Decentralized Finance (DeFi), non-fungible tokens (NFTs), and applications in the energy sector.  

Last month, GDA Group organized a quarterly, virtually-held Family Office Summit.  At one of the largest gatherings of private wealth this year, the GDA Group and dozens of other global blockchain…

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