Zero Hash, Seed CX’s digital asset and fiat currency custodian subsidiary, has announced that Digital Asset Redemption (DAR) has agreed to utilise its settlement service for short-term digital asset loans.
DAR is a Chicago-based company that works with insurance companies, cybersecurity firms, and incident response teams across the globe to facilitate resolution to ransomware attacks.
“We’re excited to have DAR integrate with Zero Hash, to enable them to offer a secure and regulated ecosystem to settle their transactions,” said Brian Liston, Seed CX co-founder and president of Zero Hash. “Zero Hash has been built from the ground up to minimize the risk and operational overhead from post-trade settlement, which is perfectly suited for DAR’s business model.”
“We’re thrilled to partner with Seed CX,” says Matt Leidlein, co-founder and managing partner at DAR. “Practical cybersecurity incident response today is fraught with legal and regulatory compliance issues. Digital Asset Redemption now offers institutional-grade solutions to businesses on the front lines of this modern battleground, allowing them to focus on limiting business interruption and loss.”