Atlas ATS and The National Stock Exchange (“NSX”) recently announced their plan to to make Atlas ATS, the first fully regulated U.S.-based digital currency exchange. The Atlas exchange has been operating for several months, trading digital currencies such as Bitcoin and Litecoin, as well as options on digital currencies. The Atlas regulatory rule set by which they will operate the exchange will be based upon rules already in use by U.S. stock and options exchanges.
We met the Atlas team last fall and we started trading on their platform in 2014. To date, we have been very satisfied with the platform and the team. At the recent Inside Bitcoins trade show here in New York City, Fereshteh Forough of our the Women's Annex Foundation was able to interview Co-Founders Shawn Sloves and Julian Jacobson:
Along with today's news that Bitcoin is now on Bloomberg, institutional investors are beginning to see some familiar faces in the Bitcoin market:
"There certainly are varied opinions about Bitcoin. Everyone from Warren Buffett and Marc Andreessen to the Winklevoss twins and the Internal Revenue Service has opined on the viability of the digital currency. Depending on your vantage point, Bitcoin may be the biggest technology innovation since the Internet or a fad whose crash will be as precipitous as its meteoric rise."
"Atlas is dedicated to providing a secure, state-of-the-art trading platform for digital currency. Atlas is driven to be an industry leader in operating a digital currency marketplace and providing innovative products and services for the benefit of the global trading community. The company believes that competition from technology-driven markets increases overall volumes and improves performance, providing benefits to all participants."