Exciting launch today, something we've been designing and brainstorming for the last few years. We're finally ready to bring it to the world.
CMS enables a structure with traditional familiar markets like foreign exchange (FX). It is the next evolution in the market structure that was started by off-exchange settlement configurations of the past decade.
In short, Atlas CMS allows each party to focus where they are exceptional:
- Exchanges and other non-custodial venues operate as non-custodial matching engines
- Prime brokers and intermediaries manage credit, margin, and client relationships
- Anchorage Digital provides qualified custody and coordinated settlement through its independent, federally-regulated bank
This separation of roles aligns digital asset trading with existing rails, regulatory frameworks, and internal risk models used by banks, hedge funds, and market infrastructure providers.
Rather than requiring institutions to adapt to uncomfortable crypto-native workflows, CMS allows digital asset trading and settlement to resemble the systems they already trust.
We’re building a new foundation for crypto market structure.
Today, much of crypto trading takes place offshore. A single platform acts as exchange, custodian, and settlement agent.
Assets are commingled, and titled to the exchange. This keeps institutions on the sidelines.