Anchorage Digital launches collateral management services on its institutional platform Atlas

Techub News reported, according to The Block, U.S. digital asset bank Anchorage Digital announced the launch of collateral management services on its institutional platform Atlas. According to the announcement, the service will provide 24/7 real-time collateral monitoring, automated margin calls, and other services, covering "various digital asset-backed transactions," including secured loans, convertible bonds, warehousing facilities, structured products, OTC derivatives, equipment purchases, PIPE financing, and more. The service holds collateral assets in Anchorage's regulated, segregated, and bankruptcy-remote custody. Additionally, Anchorage will act as a tri-party agent, handling operational and administrative matters on behalf of the two primary counterparties.