Citadel Securities and DTCC partner with LayerZero on a new omnichain exchange to expand institutional digital asset infrastructure.
Tech & Launches ·
LayerZero is launching an institutional cryptocurrency exchange called Atlas, scheduled to go live this fall, with backing from Citadel Securities and the Depository Trust & Clearing Corporation (DTCC). The exchange is designed to serve institutional participants and will operate on an omnichain infrastructure model, leveraging LayerZero's cross-chain messaging technology.
The partnership brings together a major equities trading firm, a central securities depository, and a blockchain infrastructure provider to build digital asset trading infrastructure for institutional clients. By combining DTCC's settlement and custody expertise with Citadel Securities' market-making capabilities and LayerZero's interoperability layer, the exchange aims to address liquidity and operational fragmentation across blockchain networks.
The launch remains subject to regulatory and operational readiness requirements typical of institutional trading venues. Specific details on supported assets, trading pairs, fee structure, and the precise timing within the fall window have not been disclosed.