Zero Hash, a digital asset and fiat currency settlement subsidiary company of institutional bitcoin exchange company Seed CX, today announced that digital asset trading platform Artificial Intelligence Exchange (AiX), has agreed to use Zero Hash to settle its OTC trades.
Launched back in March, Zero Hash provides a suite of over-the-counter (OTC) trade settlement services for digital assets, and recently announced support for forwards. The company is a BitLicense holder, a FinCEN-regulated Money Service Business, as well as a Money Transmitter in over 30 states.
AiX is the world’s first natural language AI broker, automating peer-to-peer trading of financial assets anonymously. Launching first digital assets, clients of AiX will eventually be able to source liquidity and execute in any tradable asset. By automating the broker function, AiX is able to drastically reduce trading costs for counterparties whilst simultaneously providing a superior service.
“We are very pleased to be working with AiX, to allow their clients to settle digital asset and fiat trades,” said Edward Woodford. Zero Hash has been designed from the ground up to settle trades for OTC trading platforms and their clients by offering complete flexibility in a secure and regulated ecosystem.
– Edward Woodford, Seed CX co-founder and CEO of Zero Hash
“Crypto markets are evolving quickly, but still screaming out for efficient price discovery and execution. Through its partnership with Zero Hash, AiX will provide crypto market participants with the ability to source liquidity instantly from around the world, and settle automatically, all for a fraction of the costs that they are currently paying. We are very excited to be launching this combined product with Zero Hash.”
– Jos Evans, Founder and CEO of AiX