Oasis Pro Markets Announces Strategic Partnership with Anchorage Digital for Digital Assets on its Alternative Trading System
Oasis Pro Markets, the first U.S. regulated multi-asset Alternative Trading System (ATS), and Anchorage Digital, a regulated-platform with the first nationally chartered digital asset bank, announced a strategic partnership whereby Oasis Pro will use Anchorage for on-chain custody and settlement for digital assets traded on its ATS.
OATSPRO enables institutions and other subscribers to transact with digital cash (e.g. stablecoins) or fiat cash for digital assets through a state-of-the-art matching engine. Anchorage will provide both on-chain custody and settlement services for the digital securities and digital cash that are part of the ATS, bringing a streamlined process for transacting in private markets. Together, Anchorage and Oasis Pro are bringing investors a smoother, one-stop trading experience.
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“Anchorage has been a true partner in helping us realize our goal of streamlining the trading experience for institutional investors looking to access secondary market liquidity for digital securities,” said Pat LaVecchia, CEO of Oasis Pro Markets. “Anchorage’s superior settlement and custody technologies stand out in the market, as they provide the controls for selecting digital assets, reaffirming our commitment to remain agile to technological and regulatory developments to grow the ecosystem and create a dynamic marketplace.”
Most importantly, Oasis Pro and Anchorage bring a more efficient way to invest in digital assets with less friction than ever before. Institutional investors with robust and diverse holdings who want to trade and invest in digital assets can do so better than ever before with a compliant custodian backing their assets. This ideal partnership between nationally regulated companies with values that are well aligned will change the ecosystem moving forward.
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“From the beginning, Anchorage has been committed to advancing participation in the digital asset space through close cooperation with regulators, and OATSPRO sets the regulatory framework for advanced trading,” explained Nathan McCauley, Co-Founder and CEO of Anchorage Digital. “While others rely on fiat cash for settlement exclusively, what sets Oasis Pro Markets ATS apart is their flexibility to accept digital cash (stablecoins) and fiat cash for digital securities.”
OATSPRO provides both a primary and secondary marketplace for trading digital asset securities, including a growing product suite that already includes equity, fixed income, and asset-backed securities. OATSPRO will first launch on the Ethereum blockchain and will support other blockchain protocols soon after.
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