TradeStation Crypto Partners With Zero Hash to Facilitate Crypto Lending

TradeStation Crypto, Inc. (TradeStation Crypto), a subsidiary of TradeStation Group, Inc. that offers cryptocurrency brokerage services for self-directed online traders, announced its strategic partnership with Seed CX’s platform Zero Hash.

With the partnership, Zero Hash will help TradeStation Crypto manage its digital asset loan book, streamline loan submission and settle digital assets. As a result, the company and its loan counterparties are able to enjoy greater efficiency throughout the loan lifecycle.

Additionally, Zero Hash provides the infrastructure to automate collateral management and loan settlement, thereby helping manage counterparty risk and simplifying the acceptance of multiple forms of collateral. 

“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.

Edward Woodford, co-founder, and CEO at Zero Hash, stated:“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. We look forward to continuing our close working relationship to help make lending cryptocurrency as accessible and intuitive as possible.”