Anchorage Digital expands Atlas network with collateral management for institutional crypto lending

Anchorage Digital has expanded its Atlas network to incorporate collateral management, adding crucial infrastructure for institutions engaging in crypto lending while mitigating operational and counterparty risks. The Atlas network now supports nearly 600 participants and has settled tens of billions of dollars. This new feature provides a regulated, always-on system for monitoring collateral, issuing margin calls, and managing liquidations across various credit arrangements. Initially launched in April 2024 as a settlement layer, Atlas is evolving into a broader capital markets business, leveraging Anchorage Digital's position as a federally regulated entity, holding a national trust bank charter from the OCC since 2021. Current users of the Atlas-powered collateral management include Cantor Fitzgerald, Spark, and Kamino, highlighting the growing institutional demand for bank-grade infrastructure in crypto finance.

(Source：Crypto Briefing)