AtlasClear Holdings Marks Strong Quarterly Growth as Stock Loan Division Accelerates

AtlasClear Holdings, Inc. (NYSE American: ATCH) is on track to file its 10K by September 29, 2025, with fiscal year ended June 30, 2025. The filing will showcase significant business momentum across multiple revenue streams, particularly in the rapidly expanding stock loan segment.

Stock Loan Business Surges with FinTech Integration

The most striking development comes from AtlasClear’s stock loan division, which has transformed from an immaterial revenue contributor in 2024 to a meaningful business segment. The progression tells an impressive story: the division captured approximately 12% of total revenue by June, accelerated to 15% by July, and continued outperforming in August.

This trajectory reflects more than just internal growth—it demonstrates the impact of AtlasClear’s strategic partnership with LocBox. By leveraging LocBox’s web-based inventory management platform and API technology, AtlasClear has unlocked a more transparent and scalable approach to securities lending. The platform enables compliant short sale locates and preborrows, addressing the long-standing challenge of naked short selling while building investor confidence through verified inventory tracking.

Financial Progress and Strategic Debt Resolution

Behind the headline growth figures lies substantial financial work. AtlasClear has successfully paid down over $21,250,000 in debt assumed during the DeSPAC transaction, while simultaneously eliminating debt obligations tied to Wilson Davis & Co’s previous shareholders. Multiple introducing broker relationships are currently in development, positioning the company for expanded customer acquisition.

Landmark Securities Underwriting Deal

Wilson Davis & Co, AtlasClear’s wholly-owned subsidiary, has executed an underwriting agreement to raise up to $75,000,000 for Limitless X Holdings Inc. through a Reg A+ structure. The offering targets what Limitless X describes as a transformative “Look Good, Feel Great” ecosystem spanning health, wellness, entertainment, and digital assets.

The deal signals AtlasClear’s growing influence in the Reg A+ space, particularly given Limitless X’s CEO Jas Mathur brings substantial retail reach through 11 million social media followers. Company leadership believes this transaction will serve as a template for future business development, demonstrating how syndication platforms can democratize early-stage investment access for retail participants.

The Comprehensive FinTech Vision

AtlasClear’s ambition extends beyond current operations. The company is architecting a vertically integrated FinTech platform designed to streamline trading, clearing, settlement, and banking for evolving financial products targeting small and mid-market firms. The platform roadmap includes cloud-based account opening, trade execution, risk management, regulatory reporting, and settlement capabilities.

Management’s track record includes leadership roles at companies like Legent Clearing, Cor Clearing, Axos Clearing, and Symbiont, suggesting institutional experience in building financial services infrastructure.

Building Scale Through Strategic Assets

Wilson Davis & Co brings institutional credibility to this vision. Operating since 1968 with SEC, FINRA, and SIPC registrations, the firm maintains DTCC and NSCC memberships across offices spanning Salt Lake City, California, Arizona, Colorado, New York, New Jersey, and Florida.

AtlasClear’s acquisition of Commercial Bancorp of Wyoming—which operates Farmers State Bank in Pine Bluffs—further establishes banking infrastructure for the broader platform strategy.

The combination of FinTech innovation, securities expertise, and banking relationships positions AtlasClear as a notable player in the financial infrastructure space. The stock loan business acceleration, supported by LocBox technology, demonstrates how niche segments can drive meaningful revenue contributions when properly engineered for scale.