LayerZero will launch the blockchain exchange ATLAS for financial institutions.

According to The Information, blockchain infrastructure company LayerZero has announced it will launch a blockchain exchange named ATLAS this fall, targeting financial institutions. ATLAS will not offer a consumer-facing application, but will instead serve as an underlying exchange for other trading platforms and financial institutions. The platform will initially support spot crypto tokens and perpetual futures trading, with plans to later expand to prediction contracts, futures, and options.