Custodian-to-custodian atomic net settlement on behalf of all clients in support of cross-custodian trading and payments. Automatically settles netted quantities on Layer-2 as well as delivering residual quantities that need to move between custodians for both Fiat and Crypto assets using Layer-1 Smart Contracts.
Calculates net settlement amounts due for all cross-custodian trading and payment transactions of clients at different custodians
Automated workflows for Atomic Exchange of net settlement amounts due custodian-to-custodian
Netted quantities that don’t need to move are burned and reallocated atomically on custodial Layer-2 blockchain ledgers
Residual quantities that need to move are programmatically loaded into Layer-1 Smart Contracts and atomically exchanged
Automated Fiat handling to facilitate programmatic movement of Fiat over Layer-1 public ledger between custodians
Allocation reports for programmatic application of amounts due and audit trail