Anchorage Digital and B2C2 Expand Institutional Crypto Settlement Through Atlas

Institutional markets move on trust, liquidity, and settlement that holds up under stress. Today, Anchorage Digital and B2C2 are extending that foundation through Atlas, our secure institutional settlement network. Through the partnership, B2C2 joins Atlas as a two-way settlement participant, enabling faster, more capital-efficient settlement for institutional crypto transactions on a regulated platform.

Under the partnership, B2C2 will custody assets with Anchorage Digital Bank N.A., and settle trades directly through Atlas. This structure allows B2C2 and its institutional counterparties to reduce settlement risk while maintaining strong custodial controls—bringing together regulated custody and institutional liquidity in a single workflow.

Atlas is designed to address one of the most persistent frictions in institutional crypto markets: settlement. By enabling rapid net settlement between trusted participants, Atlas reduces counterparty exposure and operational complexity while improving capital efficiency. B2C2’s participation strengthens the network and reflects growing institutional demand for reliable, bank-grade settlement infrastructure.

Beyond settlement, Atlas also supports collateral oversight as an independent agent for network participants. Anchorage Digital can manage collateral valuations, margin calls, and liquidations within a regulated custody framework—allowing institutions to transact with confidence while maintaining strong risk controls.

“Institutions need settlement infrastructure that is fast, capital-efficient, and built on regulated custody. Atlas was designed to meet that need by connecting trusted market participants through secure settlement rails.” —Nathan McCauley, Co-Founder and CEO of Anchorage Digital

“As institutional crypto markets continue to mature, settlement and custody are becoming just as critical as liquidity. Joining the Atlas Settlement Network allows us to operate within a regulated, capital-efficient framework while continuing to provide deep liquidity to our institutional clients.” —Cactus Raazi, CEO Americas, B2C2

B2C2 is a leading institutional liquidity provider, serving exchanges, trading platforms, and financial institutions globally. With more than $1 billion in daily stablecoin volume, B2C2 plays a critical role in institutional crypto markets. Its participation in Atlas brings significant liquidity expertise to the network while reinforcing the importance of secure settlement and custody.

For liquidity providers, the partnership demonstrates how Atlas enables settlement at scale without building proprietary custody or settlement infrastructure in-house. By leveraging Anchorage Digital Bank’s OCC-regulated platform, market makers can focus on liquidity provision while relying on institutional-grade controls for asset custody and settlement.

For institutional market participants, the collaboration delivers a more efficient path to trading and settlement: reducing risk, simplifying operations, and enabling faster movement of capital across trusted counterparties.

If you’d like to learn more about Atlas and institutional crypto settlement, please get in touch.