TORONTO--(BUSINESS WIRE)--Secure Digital Markets (SDM), a leading digital asset focused brokerage and trading firm in North America, has announced its new partnership with BlockQuake, a regulatory-driven digital asset & cryptocurrency exchange headquartered in New York City, to collaborate on the distribution, trading and liquidity of digital assets through BlockQuake’s exchange and Secure Digital Markets’ liquidity platform. The partnership allows BlockQuake to 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, more consistent and accurate market prices and a single point of entry for market participants. This will help eliminate the fragmented exchange landscape, where the ratio between liquidity and pricing data varies greatly across exchanges.
BlockQuake is a regulatory-driven global cryptocurrency and digital asset exchange that aims to be an industry-standard in global compliance and address the gaps in security, transparency, and choice between traditional investment platforms and cryptocurrency exchanges. The exchange onboards solutions that prioritize performance and security, providing both traditional and cryptocurrency traders with a superior trading experience.
Secure Digital Markets (SDM), the trading arm of GDA Capital, works with firms to create a completely custom digital asset on-ramp that meets the dynamic needs of blockchain businesses today. SDM works with HNWIs, funds, BTC miners & exchanges to buy, sell or trade their digital assets in a secure and efficient manner. In addition to its liquidity offerings, Secure Digital Markets provides treasury management solutions to participating investors who are actively trading.
“We’re excited to partner with SDM, one of the top global liquidity providers and market makers in the digital asset space,” said Antonio Brasse, CEO of BlockQuake. “Retail and institutional investors in cryptocurrency are on the rise and liquidity is essential to meeting their needs. By plugging in to 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.“
“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’s market making solution aggregates liquidity from a list of some of the top global market makers and liquidity providers allowing BlockQuake to scale the trading pairs it offers while maintaining the depth of liquidity.
SDM is FINTRAC registered in Canada and BlockQuake is registered with FinCEN. Both firms are working with Fireblocks and PrimeTrust for wallet and fiat/banking solutions to create a more streamlined settlement process.
About Secure Digital Markets
Secure Digital Markets (SDM) is a leading digital asset brokerage, liquidity provider and OTC trading desk focused on offering a suite of financial services towards institutional and high net worth clients. SDM was founded in 2017, is globally headquartered in Toronto, and caters to clients across 60+ international markets. SDM provides its clientele with a curated list of services, which include tier 1 banking, dedicated digital currency pairing with G10 currencies combined with payment and technology solutions for markets worldwide.
New York City FinTech startup, BlockQuake™ is a regulatory-driven, one-stop shop digital asset trading platform that will offer, at launch, 6 fiat currencies (USD, CAD, GBP, EUR, JPY, AUD), plus major cryptocurrencies & stablecoins (e.g. BTC, BCH, ETH, LTC, XRP, XLM, TUSD) – resulting in over 100 pairings. Traders from over 140 countries will also be able to use their credit or debit card to deposit funds into their exchange account.
BlockQuake's™ accomplished team includes internal and external subject matter experts in FinTech, regulatory finance, investment banking, insurance, blockchain, and risk management and a robust understanding of both the finance and crypto industries. They now draw upon decades of experience in blue-chip financial services to deliver solutions that address trader frustrations in the current cryptocurrency landscape. The result is a platform that is an industry standard in global compliance, built on security, transparency, and trust.
Investors can support BlockQuake™ through a worldwide KYC compliant ST20/ERC1400 token offering. The Regulation D 506(c) token offering for accredited investors in the U.S. and Canada or the Regulation S token offering for retail and institutional/accredited investors outside the U.S. and Canada. Visit BlockQuake.com for more information.