Zero Hash to power TradeStation Crypto; brings scale & efficiency to crypto lending space

By Pavithra R

TradeStation Crypto, subsidiary of TradeStation Group has announced a strategic collaboration with Zero Hash, an API driven financial institution, to manage its digital asset loan book. 

Under the partnership, TradeStation Crypto will streamline loan submission and settle digital assets, benefiting from Zero Hash’s automation and real-time valuation feeds.

“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.

Zero Hash offers a post-trade settlement utility to bridge a fragmented market of diverse execution platforms. It provides the infrastructure to automate collateral management and loan settlement, thereby helping manage counterparty risk and simplify the acceptance of multiple forms of collateral. This enables TradeStation Crypto to introduce some of the sophistication common in the equity repo markets to digital asset lending.

Key features of the “Zero Hash Lending Infrastructure” include:

• Balance: Verify real-time account balances & deposits across crypto assets, with ownership validation.
• Collateral Management: Monitor in real-time and automate the management of calls for additional collateral and collateral refunds.
• Loan history: Access detailed loan history with real-time transaction updates across 600+ transaction pairs.
• Multiple Collateral Types: Collateral can be posted in over fifteen digital assets and 20+ fiat pairs.

Zero Hash’s lending product enables TradeStation Crypto to bring scale and efficiency to the crypto lending marketplace. TradeStation Crypto & its loan counterparties can now enjoy greater efficiency throughout the loan lifecycle. 

“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,” said Edward Woodford, Zero Hash’s co-founder, and CEO. 

Established since 1982, TradeStation and its affiliated companies are pursuing a singular vision: to build the ultimate online trading firm for serious self-directed traders and investors, leveraging leading-edge technologies to create the world’s most advanced trading tools and global technology infrastructure.