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Jamie Redman

Anchorage Digital Rolls Out Atlas-Powered CMS for Non-Custodial Institutional Trading

Anchorage Digital said it has launched Coordinated Multiparty Settlement (CMS) powered by Atlas, positioning it as a non-custodial trading and settlement layer aimed at banks, hedge funds, and other institutional desks. The firm says the setup separates execution, custody, and credit—keeping assets in Anchorage Digital custody through a trade’s lifecycle and enabling netted settlement without pre-funding multiple venues. Spotex is listed as an early integration partner, while Anchorage Digital also highlighted its $4.2B valuation and plans to extend the network beyond spot crypto toward tokenized asset classes.