Oasis Pro Markets Announces Strategic Partnership With Anchorage Digital
Oasis Pro Markets Announces Strategic Partnership with Anchorage Digital
Anchorage Digital ("Anchorage"), a regulated-platform with the first nationally chartered digital asset bank, and Oasis Pro Markets ("Oasis Pro"), the first U.S. regulated multi-asset Alternative Trading System (ATS), today announced a strategic partnership under which Oasis Pro will use Anchorage for on-chain custody and settlement for digital assets traded on its ATS ("OATSPRO").
A state-of-the-art matching engine, OATSPRO enables institutions and other subscribers to transact with digital cash (e.g. stablecoins) or fiat cash in exchange for digital assets, allowing them to save time and money. When it comes to digital securities and digital cash, Anchorage will provide both on-chain custody and settlement services. This will streamline the process of transacting in private markets, which will benefit everyone. Anchorage and Oasis Pro are working together to provide investors with a more seamless, one-stop trading experience.
Pat LaVecchia, CEO of Oasis Pro Markets, stated, "Anchorage has been a true partner in assisting us in realizing our goal of streamlining the trading experience for institutional investors seeking to access secondary market liquidity for digital securities." We believe Anchorage's superior settlement and custody technologies distinguish themselves in the market because they provide the controls for selecting digital assets. We believe this reaffirms our commitment to remain agile in the face of technological and regulatory developments in order to grow the ecosystem and create a dynamic marketplace."
Most importantly, Oasis Pro and Anchorage provide a more efficient method of investing in digital assets with less friction than has ever been available before. Using a compliant custodian to back their assets, institutional investors with robust and diverse holdings who want to trade and invest in digital assets can do so more effectively than ever before. This ideal partnership between two nationally regulated companies with values that are closely aligned will have a significant impact on the ecosystem in the future.
"From the beginning, Anchorage has been committed to advancing participation in the digital asset space through close cooperation with regulators, and OATSPRO establishes the regulatory framework for advanced trading," said Nathan McCauley, Co-Founder and CEO of Anchorage Digital. "OATSPRO establishes the regulatory framework for advanced trading," he added. "While others rely solely on fiat cash for settlement, what distinguishes Oasis Pro Markets ATS from the competition is their ability to accept digital cash (stablecoins) as well as fiat cash in exchange for digital securities."
OATSPRO provides a primary and secondary marketplace for trading digital asset securities, as well as a growing product suite that already includes equity, fixed income, and asset-backed securities. OATSPRO also provides a primary and secondary marketplace for trading digital asset securities. OATSPRO will initially be available on the Ethereum blockchain, with the ability to support additional blockchain protocols in the future.
Interested parties can find additional information on OATSPRO and Anchorage Digital by visiting their respective websites: www.anchorage.com/get-started/ and www.Oasispromarkets.com.
About Anchorage Digital
Anchorage Digital is the most technologically advanced digital asset platform available to institutional investors. Anchorage provides a comprehensive range of crypto-native financial solutions, ranging from custody and trading to staking, governance, and financing. These solutions are compliant, built to adapt to emerging blockchain use cases, and designed to evolve in tandem with the needs of digital asset investors. Anchorage currently provides services to many of the largest institutional investors and enterprise brands in the digital asset industry.
Bitcoin and other digital assets are considered speculative investments that carry a high degree of risk, including the possibility of suffering a complete loss of principal invested. In no case can it be guaranteed that a cryptocurrency or other cryptographic asset, such as a token or a coin, will be viable, liquid, or solvent. The intention of no Anchorage communication is to imply that any digital asset services are low-risk or risk-free in any way. Anchorage Digital Bank National Association is responsible for the safekeeping of digital assets. Such assets are not guaranteed by Anchorage and are not covered by the insurance protections provided by the Federal Deposit Insurance Corporation (FDIC) or the Securities Investor Protection Corporations (SIPCs), respectively (SIPC).
In its role as the nation's first federally chartered digital asset bank, Anchorage Digital Bank makes it simple and secure for financial institutions to gain exposure to digital assets. Anchorage is the premier partner for institutions and corporations because it places a high priority on secure custody. Anchorage provides financial solutions for the present and the future.
About Oasis Pro Markets
In its capacity as a full-service investment bank, Oasis Pro Markets' mission is to bridge the gap between traditional finance and decentralized finance, or "DeFi," and to establish itself as the world's leading platform for the trading of public and private multi-asset digital securities globally. The company was founded by seasoned Wall Street and blockchain veterans. Oasis Pro Markets is a FINRA member firm that operates a multi-asset ATS ("OATSPRO") to enable the primary issuance and trading of digital securities. Oasis Pro Markets is headquartered in New York City.
In the secondary market for alternative assets, OATSPRO enables issuers and subscribers to buy, sell, and list a variety of alternative assets in a convenient and secure manner. Through their custodians, subscribers can pay for digital securities in a variety of ways, including fiat currency and digital currencies such as stablecoins and central bank digital currencies (CBDC). Supported by a team with extensive industry and regulatory knowledge, Oasis represents an evolution in the field of alternative asset investing. You can learn more about Oasis Pro Markets by visiting their website. Securities are offered through Oasis Pro Markets, which is a member of the FINRA/SIPC regulatory agencies.
