Anchorage Digital announced on March 20th an expansion of its Atlas network, adding collateral management functionality to provide institutional clients with cryptocurrency-backed lending infrastructure that reduces operational and counterparty risks. Currently supporting nearly 600 institutions and processing hundreds of billions of dollars in settlements, it helps institutions efficiently manage crypto collateral and facilitates the integration of crypto finance with the U.S. financial system.

Anchorage Digital expanded its Atlas network on March 19, introducing cryptocurrency collateral management features that support nearly 600 participants, aiming to simplify the lending process and reduce risks. Atlas is now a 24/7 regulated system that manages the settlement of credit arrangements. Several institutions have already adopted the platform, reflecting regulatory trends in crypto banking.

Sky protocol governance voting has passed, deciding to reduce the protocol income allocation used for SKY buybacks from 300,000 USDS daily to 37,600 USDS, and made multiple updates to Atlas Edit content, including removing specific risk exposures, adding to blocklist, and correcting related descriptions.