PANews reported on January 15th that Anchorage Digital announced a partnership with the DeFi lending protocol Spark. Leveraging the Atlas collateral management platform, Anchorage will provide institutional users with a lending channel that eliminates the need for on-chain asset transfers. Anchorage will act as Spark's collateral broker, monitoring LTV in real-time, executing liquidations, and holding BTC collateral assets. This structure allows institutions to access DeFi-native liquidity while maintaining compliant custody, providing a standardized institutional access template for the protocol. The first batch of institutional borrowers have successfully secured and withdrawn large loans using this model.