Jun 1
Anchorage rolls out platform to reduce crypto trading counterparty risk
Anchorage launched its CMS settlement network, allowing institutions to trade on crypto venues while keeping assets in regulated custody.
➤ Anchorage Digital has launched a Coordinated Multiparty Settlement (CMS) network to reduce counterparty and operational risks for institutional crypto trading. ➤ The platform allows institutions to trade on crypto venues while keeping assets in regulated custody at Anchorage Digital Bank, connecting trading venues, prime brokers, and clients. ➤ This initiative aims to enhance institutional trading infrastructure by providing a more secure and efficient settlement layer, moving away from commingled assets on offshore platforms.