Anchorage Launches Settlement Network for Institutional Crypto Trading

Cointelegraph Staff

(07:00 AM UTC)

1 min read

Anchorage Digital launched a settlement platform that allows institutions to trade on crypto venues while keeping assets in custody at its federally regulated bank, which it said will help manage counterparty and operational risks.

According to Monday’s announcement from the company, Coordinated Multiparty Settlement (CMS) connects trading venues, prime brokers and institutional clients through a…

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Cointelegraph Staff · Cointelegraph

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