TradeBlock and Silvergate to allow Crypto Trading and Settlement
TradeBlock and Silvergate are enabling their mutual clients to seamlessly track asset balances and transactional activity. Silvergate counts more than 650 digital currency exchanges, investors, and software providers as clients. Its services include the Silvergate Exchange Network (“SEN”) for real-time payments, cash management solutions, foreign exchange, and regulatory compliant deposit accounts.
TradeBlock, a provider of post-trade infrastructure for digital currencies, has integrated data from Silvergate accounts throughout the TradeBlock Professional platform. Fiat balances and activity at Silvergate can be viewed in a consolidated interface alongside digital currencies to increase visibility and automation in exchange account funding, OTC transaction settlement, and portfolio management.
In addtiion, TradeBlock offers a tool set for institutional digital currency traders, complete with a powerful suite of market and blockchain data, as well as execution and post-trade tools for liquidity providers, asset managers, corporate clients, and exchanges, among others.
TradeBlock clients benefit from a number of services, all accessible via a browser-based frontend and programmatically via streaming feeds and APIs, including: an EMS for exchange connectivity; OMS for OTC transactions; seamless wallet integrations; KYC/AML automation; accounting tools; market-leading reporting tools; and, auditable records. Moreover, TradeBlock offers real-time, USD-denominated spot price indices for various digital currencies.