AtlasClear Holdings (ATCH) has announced they have signed an engagement with LocBox to utilize their stock loan inventory management platform and corresponding API. “We are very excited about this partnership and the expanded capabilities LocBox brings to our correspondent clearing platform through Wilson-Davis. We believe that fully paid lending is an underutilized line of business for Wilson-Davis. This technology will allow us to capitalize on the hard-to-borrow book for stock lending that is resident within the Company. We believe our partnership with LocBox is aligned with our FinTech culture and will allow us to significantly improve revenues” said Craig Ridenhour, President, AtlasClear Holdings.
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