LayerZero Announces ATLAS, a Headless Exchange for the Future of Global Markets
The system lets venues keep their own interfaces while staking ZRO for fee rebates and directing 75% of remaining fees to token burns.
- On Tuesday, LayerZero unveiled ATLAS, a new trading infrastructure serving as a neutral backend for crypto and tokenized markets including stocks, bonds, and commodities.
- Building on its Zero blockchain announced earlier this year with partners including Citadel Securities and Google Cloud, LayerZero is moving deeper into trading infrastructure from its cross-chain bridging business.
- Rather than offering a consumer app, ATLAS provides two configurations: Open ATLAS targets crypto trading apps and prediction markets, while Institutional ATLAS lets financial firms set their own market rules.
- LayerZero's ZRO token surged more than 30% following the announcement, with 75% of remaining fees used to buy and burn the native token, strengthening its link to trading activity.
- The expansion follows a rough patch for LayerZero's cross-chain business after attackers stole about $292 million from a Kelp DAO LayerZero-powered bridge in April, prompting protocol departures.
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YOUR CULTURE HUBLayerZero Announces ATLAS, a Headless Exchange for the Future of Global Markets
ATLAS is a first-of-its-kind global market infrastructure designed for the next generation of global markets Built for both open and institutional markets,...
Can ZRO hit $1.46 after LayerZero launches ATLAS?
LayerZero’s ZRO token is one of the best performers among the top 100 cryptocurrencies by market cap in the last 24 hours, adding 10% to its value during that period. The positive performance comes as leading altcoins retrace following the recent rally. It also comes after LayerZero introduced ATLAS, an exchange infrastructure platform designed for crypto companies, brokers and traditional financial institutions.ATLAS, short for Aggregated Tradi…
LayerZero Unveils ATLAS, a Backend Exchange Engine Built on Its Zero Blockchain
LayerZero has introduced ATLAS, infrastructure that lets trading platforms and financial institutions operate their own exchanges without building matching, clearing, settlement and risk-management systems from scratch, according to the company's announcement. LayerZero's ZRO token rose as much as 30% following the news, and is currently trading near $1.20, up 55% over the past week, according to CoinGecko data.ATLAS is what LayerZero calls a "h…
LayerZero Unveils ATLAS Exchange Infrastructure for High-Speed Global Markets
LayerZero has unveiled ATLAS, a high-speed exchange backend designed to handle matching, clearing, settlement and risk within a single stack for crypto-native and institutional markets. Built on LayerZero’s Zero blockchain, ATLAS is designed as a headless exchange with no consumer-facing trading app of its own. Exchanges and trading platforms connect their interfaces to the underlying infrastructure while retaining control over distribution and …
CoinStats - LayerZero Launches ATLAS Exchange Infrastruct...
Summary LayerZero’s ATLAS gives exchanges and institutions integrated trading, clearing, settlement, and risk management while preserving their existing customer interfaces and operations. Zero uses zero-knowledge proofs, while ATLAS connects trading venues, market creators, and liquidity providers across open and institutional markets globally. ZRO secures Zero, unlocks fee rebates, supports governance, and benefits from token burns funded thr…
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