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Project Overview
Copper is a digital asset infrastructure firm transforming how institutional investors engage with digital assets. It provides market-leading infrastructure, including custody, trading, and prime brokerage solutions. Its custody application uses multi-party computation (MPC) encryption and can be configured to support cold, warm, and hot wallet solutions. Its ClearLoop network enables off-exchange trading and settlement at tier-1 digital asset exchanges.
Cryptocurrency custody firm Copper is seeking to sell the company at a valuation of approximately $500 million.
According to CoinDesk, cryptocurrency custody firm Copper is seeking to sell the company at a valuation of approximately $500 million and has engaged Wall Street investment bank Cantor Fitzgerald to assist with the transaction. Copper’s core asset is its ClearLoop custody-based settlement system, which enables institutional clients to execute delivery versus payment (DvP) transactions without moving assets on-chain, effectively eliminating settlement risk. The company currently boasts over 1,000 active counterparties and processes over $50 billion in notional trading volume monthly. Copper had previously considered an IPO, but the broader crypto IPO market has entered a wait-and-see phase amid sluggish Bitcoin prices and the capital-attracting effect of the AI sector.
Crypto Hedge Funds Shift to Traditional Assets; Crude Oil, Copper, and Nasdaq-100 Appear on All-Weather Trading Platforms
According to Bloomberg, cryptocurrency hedge funds are extending their trading activities into traditional commodities and stock indices. Previously, these funds operated in the cryptocurrency markets—long overlooked by Wall Street—trading tokens on 24/7, clearinghouse-free, and unregulated platforms. Now, traditional assets such as crude oil, copper, and the Nasdaq-100 Index are increasingly appearing on these platforms, signaling that cryptocurrency trading infrastructure is penetrating mainstream financial assets.
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Cryptocurrency custody firm Copper is seeking to sell the company at a valuation of approximately $500 million.
According to CoinDesk, cryptocurrency custody firm Copper is seeking to sell the company at a valuation of approximately $500 million and has engaged Wall Street investment bank Cantor Fitzgerald to assist with the transaction. Copper’s core asset is its ClearLoop custody-based settlement system, which enables institutional clients to execute delivery versus payment (DvP) transactions without moving assets on-chain, effectively eliminating settlement risk. The company currently boasts over 1,000 active counterparties and processes over $50 billion in notional trading volume monthly. Copper had previously considered an IPO, but the broader crypto IPO market has entered a wait-and-see phase amid sluggish Bitcoin prices and the capital-attracting effect of the AI sector.
Crypto Hedge Funds Shift to Traditional Assets; Crude Oil, Copper, and Nasdaq-100 Appear on All-Weather Trading Platforms
According to Bloomberg, cryptocurrency hedge funds are extending their trading activities into traditional commodities and stock indices. Previously, these funds operated in the cryptocurrency markets—long overlooked by Wall Street—trading tokens on 24/7, clearinghouse-free, and unregulated platforms. Now, traditional assets such as crude oil, copper, and the Nasdaq-100 Index are increasingly appearing on these platforms, signaling that cryptocurrency trading infrastructure is penetrating mainstream financial assets.