Expanding Atlas: Anchorage Digital Launches Institutional-Grade Collateral Management Offering

As digital asset markets mature, institutional demand for crypto-backed lending is growing rapidly. However, entering this market has historically come with barriers: limited operational infrastructure, and heightened counterparty risk.

Anchorage Digital is removing those barriers.

Today, we’re pleased to announce the expansion of Anchorage Digital’s Atlas network to include collateral management, a secure and compliant solution designed for institutional lenders and credit providers. The Atlas Network now supports nearly 600 participants, a fourfold increase over the past year, with tens of billions of dollars settled across the platform to date, reflecting sustained institutional transaction volume. 

Leading firms, including Cantor Fitzgerald, Spark, and Kamino, are already leveraging the network, which has supported up to $4 billion in Anchorage Digital assets under custody across Atlas-powered collateral management and triparty activity. This expansion provides institutions with a scalable, secure, and fully regulated platform for managing digital asset collateral with confidence.

“Institutional credit markets are evolving, and Anchorage Digital is providing the infrastructure to support that transformation. By combining 24/7 collateral oversight with secure, regulated custody, our solution helps lenders manage risk and scale with confidence.” — Nathan McCauley, CEO and Co-Founder, Anchorage Digital

Built for institutional lending at scale

Anchorage Digital’s Atlas Collateral Management product provides institutions with a secure, automated, and always-on system to manage collateral across a wide array of  digital asset secured transactions-from  secured loans, convertible bonds, warehouse credit facilities, and structured products to OTC ISDA derivatives, equipment purchases, and PIPE financings.  Built by the first OCC-chartered digital asset bank, Atlas is designed to meet the highest operational, security, and compliance standards.

The offering includes: 

• Continuous risk management:
  Real-time 24/7/365 collateral monitoring, automated margin calls, and expert oversight help institutions manage risk consistently, even during periods of heightened market volatility.
• Reliable access to liquidity:
  Deep access to crypto markets and credit supports timely, efficient collateral liquidations when markets are stressed.
• Security through regulated custody:
  Collateral is held within a regulated custody environment, helping protect assets even in the event of counterparty failure.
• Always-on visibility and reporting:
  Real-time reporting and APIs provide continuous insight into collateral positions, enabling automated operations and proactive risk management.

Partnering with Industry Leaders

Cantor Fitzgerald selected Anchorage Digital as a qualified custodian and collateral manager for its tokenized Bitcoin financing business. This is a significant step forward for digital asset credit markets.‍

"As we build out our Bitcoin financing business, having a regulated, institutionally credible custodian and collateral manager is essential. Anchorage Digital brings the security infrastructure and compliance standards that this market demands, and we're pleased to have them as a partner as we develop this capability.” — Mike Cunningham, Head of Structured Products, Cantor Fitzgerald 

Our partnerships underscore how Anchorage Digital is uniquely positioned to support large-scale, institutional credit programs in the digital asset space, bringing together the security of a regulated custodian and crypto-native agility. 

“As institutional adoption of digital assets continues to grow, the need for trusted, scalable infrastructure has never been greater. Anchorage Digital’s platform and focus on operational excellence make them a valuable partner as we expand our engagement with the digital asset ecosystem.”  — Sam MacPherson, CEO & Co-Founder, Spark

‍“For our next-gen institutional solution, we partnered with a trusted qualified custodian in Anchorage Digital to ensure custody, controls, and governance meet institutional standards — enabling regulated institutions to access on-chain markets with confidence” — Cheryl Chan, Head of Strategy, Kamino

Designed for efficient risk management 

With volatility in crypto markets, real-time risk controls are non-negotiable. Anchorage Digital’s 24/7 margin engine (a system that manages the margin requirements for trading positions) and automated liquidation system are designed to help lenders avoid value erosion from market swings, while still maintaining control over risk tolerances and thresholds.

As a neutral, fully integrated partner, Anchorage Digital allows institutions to scale their crypto lending businesses without compromising trust, security, or operational control.

We believe crypto collateral management is foundational to the next evolution of capital markets. As institutions seek secure ways to participate in digital assets, Anchorage Digital is delivering the infrastructure to power it.

If you’d like to learn more about Anchorage Digital or Atlas, please get in touch.