Zero Hash lures William Klippel as head of investment platforms

abdelaziz Fathi

B2B digital asset infrastructure provider Zero Hash has appointed FX industry veteran William Klippel as their new Vertical Head of Investment Platforms.

Mr. Klippel is a highly experienced FX industry professional, having spent 15 years at StoneX’s associated brands including GAIN Capital, GTX, and FOREX.com. Most recently, he spent nearly three years at trading automation and analysis platform Capitalise.ai, where he worked as its head of sales.

Klippel kicked off his career back in 2004 as a financial representative at Mutual Financial Network. He also co-founded a startup called DTK Studios in January 2020.

“We’re thrilled to have Will on board,” said Edward Woodford, CEO of Zero Hash. “His extensive experience within the brokerage industry will continue to strengthen Zero Hash’s position as the default infrastructure provider for investment platforms.”

William Klippel, Vertical Head of Investment Platforms at Zero Hash said, “Zero Hash has built a crypto-as-a-service platform already trusted by leading investment platforms. I’m excited to be joining the team to build on the great progress they have made in the sector and to drive its growth globally.”

Zero Hash is a subsidiary of Seed CX and has registered the unit as a Money Services Business and FX Dealer with FinCEN. Moreover, Zero Hash is a registered Money Transmitter in over 45 US states.

Zero Hash enables businesses to embed digital assets within their product offering with low technical lift and no regulatory burden.

The Zero Hash settlement service currently supports spot settlement of fiat and cryptocurrencies, as well as for repo, forwards, and other product types. The product was already implemented into the trade cycle of traditional brokers, single-dealer platforms, FX ECNs, and other institutional trading venues including tastyworks (now owned by IG Capital), Banxa, Wirex, MoneyLion and DraftKings.

Zero Hash lending infrastructure also enables neo-banks, broker-dealers, payment groups, and non-financial consumer brands to automate collateral management and loan settlement, thereby helping manage the counterparty risk and simplifying the acceptance of multiple forms of collateral.

Read this next

Retail FX

Weekly Roundup: John Oliver rips into MetaTrader, Binance to pay $10 billion

Welcome to this week’s roundup, where we delve into the latest developments in the Forex, Fintech, and cryptocurrency markets. Stay ahead of the curve with our comprehensive overview of the week’s most impactful events and trends across these dynamic sectors.

Retail FX

Lark Funding reopens to US traders, MyFundedFX picks cTrader

Canada-based prop trading firm Lark Funding announced it will once again welcome clients from the United States.

Institutional FX

Cboe FX volume falls to lowest level since summer

Cboe’s institutional spot FX platform, known as Cboe Spot, today announced its trading volume for the month ending February 2024, which took a step back after a strong rebound in December.

Retail FX

ThinkMarkets secures lucrative DFSA license in Dubai

Melbourne-based broker ThinkMarkets has secured a license from the Dubai Financial Services Authority (DFSA) after it has already incorporated its new subsidiary in the Dubai International Financial Center (DIFC).

Digital Assets

New Horizen Lays Out Its Vision Of A Modular, Proof Verification Layer For Web3 Networks

Horizen is forging a new path for the future of blockchain with its New Horizen initiative, which is building a modular Proof Verification layer that’s dedicated to verifying cryptographic proofs for any settlement layer, beginning with Ethereum. 

Digital Assets

Karma3 Labs Raises a $4.5M Seed Round Led By Galaxy and IDEO CoLab to Build OpenRank, a Decentralized Reputation Protocol

Using OpenRank, developers and web3 companies can build consumer apps where people can discover, use, fund, read, or buy something on-chain without worrying about getting spammed or scammed.

Digital Assets

Worldcoin down as Elon Musk sues OpenAI CEO Sam Altman

Worldcoin’s (WLD) token dropped following news of a lawsuit against related company OpenAI. The lawsuit was filed by Elon Musk and accused OpenAI and CEO Sam Altman of breach of contract.

Institutional FX

Exegy’s Liquidity Lamp adds intraday data to outperform S&P 500 by 31.8%

Exegy has incorporated intraday signals into its AI-powered iceberg order detection tool, Liquidity Lamp. By adding intraday data to a baseline mean reversion strategy, Exegy’s model outperformed the baseline by 10.5% and the S&P 500 (SPY) by 31.8%, respectively in the out-of-sample testing.

Industry News

Think Elon Musk backed your crypto exchange? ASIC’s latest reveal may shock you

In an absolutely shocking turn of events that nobody could have possibly seen coming, the Australian Securities and Investments Commission (ASIC) has bravely stepped forward to reveal that, yes, those videos of Elon Musk passionately endorsing a cryptocurrency exchange are as fake as a three-dollar bill.

<