Gate News, March 19 — Anchorage Digital announced the expansion of its Atlas network, introducing institutional crypto collateral management features aimed at simplifying crypto lending processes and reducing operational and counterparty risks. The expanded network now supports nearly 600 participants, a fourfold increase from last year, and has processed hundreds of billions of dollars in settlements. Atlas has become a regulated, 24/7 system capable of managing collateral, issuing margin calls, and handling settlements across various credit arrangements. Originally launched in April 2024 as a digital asset settlement layer, Atlas has evolved into a comprehensive platform covering triparty custody and collateral workflows. Currently, institutions such as Cantor Fitzgerald, Spark, and Kamino are using the Atlas network for collateral management and custody services. This development comes as the Office of the Comptroller of the Currency (OCC) recently approved multiple crypto companies for national trust bank charters, highlighting the growing trend of federally regulated crypto banking.
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