TradeZero has announced today that they will be partnering with Jered Kenna to create an off-chain “Dark Pool” exchange on their platform, in addition to their commission-free stock and ETF trading services. The exchange will implement multisig and insuring through BitGo, and fee-less currency (digital and fiat) trading within their system. The Nassau-registered broker will also be accepting opening balances in BTC.
TradeZero Bringing BTC to Traditional Finance
Jered Kenna, progenitor of Tradehill, moneyandtech.com, and original owner of the bitcoin.com domain, is a blockchain entrepreneur and known quantity in the cryptocurrency ecosystem. His partnership with TradeZero in the creation of an off-chain exchange indicates a serious intention to lean in on Crypto trading.
TradeZero’s platform caters to those with more than passing interest in trading, as indicated by their 10K minimum opening balance. The new off-chain exchange should be of more significance, however, to those already making use of their services abroad:
“We are looking to provide the non-US investor with the same access, tools and discounted commission structure that many US traders enjoy today; Digital Currency enables safe and secure trading in digital currency markets like Bitcoin. Clients get access to commission-free dark pool digital currency trading, allowing them to make large purchases or sales without substantially moving the market price. This is a unique opportunity and will appeal to those who are serious about trading or building a portfolio with digital currency. ” – Daniel Pipitone, TradeZero Director