Secure Digital Markets partners with BlockQuake for digital asset liquidity

Source: IBS Intelligence 2020-06-29

Secure Digital Markets (SDM), a North American leading digital asset focused brokerage, and trading firm has announced that it has partnered with BlockQuake, a regulatory-driven digital asset & cryptocurrency exchange to collaborate on the distribution, trading and liquidity of digital assets through BlockQuake’s exchange and SDMs’ liquidity platform.

Under the partnership, BlockQuake will offer its users 24/7 access to digital asset liquidity through this aggregated global on-ramp. SDM will provide BlockQuake users with stronger access to global liquidity, consistent and accurate market prices and a single point of entry for market participants. Through this, the companies expect to help eliminate the fragmented exchange landscape, where the ratio between liquidity and pricing data varies significantly across exchanges.

BlockQuake aims to be an industry standard in global compliance and address the gaps in transparency, security, and choice between traditional investment platforms and cryptocurrency exchanges. The exchange onboards solutions that prioritise performance and security, providing both traditional and cryptocurrency traders with a superior trading experience.

“We’re excited to partner with SDM, one of the top global liquidity providers and market makers in the digital asset space. Retail and institutional investors in cryptocurrency are on the rise and liquidity is essential to meeting their needs. By plugging into SDM’s aggregate global liquidity, BlockQuake can support a significant level of trading that is on par with top volume exchanges. This also sets the stage for expanding our exchange by making our platform accessible to new and larger market participants,” said Antonio Brasse, CEO of BlockQuake.

Secure Digital Markets (SDM) is the trading arm of GDA Capital and is working with various firms to create a completely custom digital asset on-ramp that meets the dynamic needs of today’s blockchain businesses. The firm works with HNWIs, funds, BTC miners & exchanges to buy, sell or trade their digital assets securely and efficiently.

Besides its liquidity offerings, SDM provides treasury management solutions to participating investors who are actively trading. Its market making solution aggregates liquidity from a list of global market makers and liquidity providers allowing BlockQuake to scale the trading pairs it offers while maintaining the depth of liquidity.

“Liquidity is the lifeblood of any industry. We always welcome the opportunity to expand digital asset adoption by giving exchanges with comprehensive regulation and oversight, the liquidity they need to reach new customers and expand into new markets,” said Zachary Friedman, COO of Secure Digital Markets.

SDM is FINTRAC registered in Canada and BlockQuake is registered with FinCEN. Both the companies are working with Fireblocks and PrimeTrust for wallet and fiat/banking solutions to create a more streamlined settlement process.

Secure Digital Markets

BlockQuake

Secure Digital Markets partners with BlockQuake for digital asset liquidity

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