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Dash teams up with BlockCypher and Tradecore to expand into capital markets

Thu, 26 Jul 2018, 03:26 am UTC

Leading cryptocurrency Dash has partnered with software company Tradecore to expand its reach into capital market.

Founded in 2013, Tradecore is a London-based company that enables brokerages to process hundreds of millions of dollars in payments and streamline onboarding, support and marketing services. It provides brokerages and financial service providers with all of the tools they need to grow, including client onboarding, identity verification, proactive customer support, advanced analytical tools, and marketing automation.

With this partnership, financial service providers and businesses operating on capital markets would now be able to send, receive, and hold Dash and other major cryptocurrencies such as bitcoin and litecoin.

“This is an exciting integration for Dash as Tradecore extends the reach to online brokerages on a much broader scale,” said Ryan Taylor, CEO of Dash Core. “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 makes it easier for companies and users to interact with several cryptocurrencies through one solution.

“We chose BlockCypher because of their blockchain agnostic approach and world class service,” said Stefan Pajkovic, CEO of Tradecore. “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.”

Dash is currently among the top 20 cryptocurrencies in terms of market capitalization. DASH/USD is at trading at $243 levels at the time of writing

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