Cryptocurrency Dash has announced a partnership with Tradecore, a software company that enables brokerages to process hundreds of millions of dollars in payments and streamline on-boarding, support and marketing services. Through the partnership, financial service providers and businesses operating on capital markets will be able to send, receive and hold Dash and other major cryptocurrencies such as bitcoin and litecoin.
Tradecore provides brokerages and financial service providers with tools to grow, including client on-boarding, identity verification, proactive customer support, advanced analytical tools, and marketing automation. Due to customer demand, brokerages need to add support for digital assets, in addition to more traditionally traded assets.
Ryan Taylor, CEO of Dash Core, said: “This is an exciting integration for Dash as Tradecore extends the reach to online brokerages on a much broader scale. With Tradecore embedding Dash integration into products that brokerages use or white label for their end users, we look to continue the expansion of our global network, particularly in Europe and other regions where brokerages are instrumental in increasing Dash adoption.”
The new support for digital assets is made possible through Tradecore and Dash’s partnership with BlockCypher, which specializes in blockchain solutions and blockchain agnostic products. BlockCypher’s architecture is designed to make it easier for companies and users to interact with several cryptocurrencies through one solution.
CEO of Tradecore, Stefan Pajkovic stated: “We chose BlockCypher because of their blockchain agnostic approach and world class service. We chose Dash as one of the first digital assets to support our platform because it has among the lowest fees and fastest transactions of any blockchain network.”
Karen Hsu, Chief Revenue Officer at BlockCypher, commented: “We are looking forward to helping Tradecore expand the adoption of digital assets in brokerages. Tradecore leads the market by using blockchain technology to reduce brokerage costs and enable brokers with the ability to trade the growing class of digital assets.