LayerZero Unveils ATLAS Trading and Settlement System on Zero Blockchain

LayerZero has unveiled ATLAS, a trading and settlement infrastructure product built on its Zero blockchain. This system is designed to serve as the back-end for crypto exchanges, brokers, and financial institutions.

ATLAS brings trade matching, clearing, settlement, and risk management into a single system, eliminating the need to handle each function separately.

The ATLAS system will operate in two configurations: an open version targeting public trading products, and an institutional version allowing exchanges and financial firms to set their own rules for who can trade and under what conditions.

LayerZero's native token, ZRO, plays a direct role in the ATLAS fee structure. ZRO will be used to secure the Zero blockchain through delegated proof-of-stake, serve as the network's gas token, and be used for governance.