Anchorage Digital Expands Atlas Network, Introduces Collateral Management to Support Institutional Crypto Lending

Gate News, March 20 — Anchorage Digital announced the expansion of its Atlas network, adding collateral management features to provide institutional lending infrastructure backed by cryptocurrencies, reducing operational and counterparty risks that have long troubled the market.

The Atlas network now supports nearly 600 institutional participants, a fourfold increase from a year ago, with hundreds of billions of dollars settled to date. The new features enable institutions to monitor collateral around the clock, send margin call notifications, and handle settlement of secured loans, structured products, derivatives, and other credit arrangements. Anchorage positions this service as a regulated platform to help institutions efficiently manage crypto collateral in a secure environment.

The Atlas platform was initially launched in April 2024, primarily offering digital asset and USD settlement services for institutions without custody or pre-funded collateral requirements. This expansion indicates Anchorage’s effort to upgrade its custody services into broader institutional capital market infrastructure.

Anchorage’s strategic goal is to become a regulated institutional crypto finance platform. The company received a national trust bank charter from the Office of the Comptroller of the Currency (OCC) in 2021 and, in December 2025, alongside Circle, Ripple, Paxos, BitGo, and Fidelity Digital Assets, witnessed the move of crypto banking activities toward federal regulation.

Currently, Cantor Fitzgerald, Spark, and Kamino are using Atlas’s collateral management services. In March 2025, Cantor chose Anchorage and Copper to support its Bitcoin financing business, with Anchorage serving as both custodian and collateral manager. Spark combines off-chain custody with on-chain lending, while Kamino partners with Anchorage and Solana to enable institutions to borrow against SOL tokens stored with qualified custodians.

This expansion not only strengthens the infrastructure for institutional crypto lending but also furthers the integration of stablecoin issuers and crypto companies into the U.S. financial system, providing secure and efficient collateral management and lending solutions for institutional investors.