AtlasClear Holdings, Inc. (NYSE American: ATCH), a technology-enabled financial services platform, announced today the execution of its fifth correspondent broker-dealer agreement through Wilson-Davis & Co., Inc., its wholly owned correspondent-clearing broker-dealer subsidiary. The agreement extends a pipeline of correspondent relationships that have advanced steadily over the past several quarters, reflecting growing demand for AtlasClear's integrated clearing, custody, and capital markets capabilities.
Broker-dealers are increasingly seeking clearing partners that offer modern infrastructure and the ability to scale, according to Craig Ridenhour, President of AtlasClear Holdings. "We are seeing consistent demand from broker-dealers that have outgrown legacy clearing relationships and require a partner with modern infrastructure and the capacity to scale. The pipeline reflects that shift," Ridenhour said.
John Schaible, Executive Chairman of AtlasClear Holdings, emphasized the competitive advantage of the company's platform. "Broker-dealers are looking for a clearing partner that brings scale, technology, and capital markets capabilities together in a more efficient way. Wilson-Davis is becoming that platform — one designed around the real needs of our target market, and the increasing number of broker-dealers choosing Wilson-Davis is the strongest validation that we're delivering," Schaible said.
AtlasClear continues to advance discussions with prospective broker-dealer partners as it scales its correspondent clearing platform through Wilson-Davis. The company, which is building a cutting-edge, technology-enabled financial services platform, aims to modernize trading, clearing, settlement, and banking for emerging financial institutions and fintechs.
The company is also pursuing the acquisition of Commercial Bancorp of Wyoming, which would enable it to deliver a vertically integrated suite of brokerage, clearing, risk management, regulatory, and commercial banking solutions. For more information, visit www.atlasclear.com and follow the company on LinkedIn or X.
This latest agreement underscores a growing trend among broker-dealers to move away from legacy systems toward more integrated, technology-driven platforms. For industry leaders, the implications are clear: firms that fail to modernize their clearing and settlement infrastructure may lose competitive ground to those that embrace fintech solutions. AtlasClear's expanding correspondent network signals that demand for such platforms is accelerating, potentially reshaping the correspondent clearing landscape.
Forward-looking statements in this communication are subject to risks and uncertainties, including those related to the closing of the planned acquisition of Commercial Bancorp and regulatory approvals. For additional details, refer to AtlasClear Holdings' filings with the SEC, including its Form 10-Q for the quarter ended September 30, 2025, and its Annual Report on Form 10-K filed September 29, 2025.
