Copper

Copper, established in 2018, is a leading digital asset infrastructure company that provides institutional custody, prime services, and collateral management. The company is renowned for its innovative off-exchange settlement solution, ClearLoop, introduced in 2020. Copper offers a secure and scalable custodian-agnostic settlement network, known as the Copper Network, launched in 2023. This network supports over 50 blockchains and connects to more than 40 exchanges, handling over $50 billion in monthly notional trading volume. Copper serves over 1,000 organizations and supports custody-integrated staking, DeFi connectivity, and a Wallets-as-a-Service solution to automate client deposits. The company also offers treasury management tools to manage Copper and exchange accounts from a single platform and provides a comprehensive staking dashboard and rewards reporting for various clients, including ETP providers and venture capital funds. Copper adheres to international security standards such as the NIST Cybersecurity Framework, ISO 27001, and SOC2, and is certified under the Cyber Essentials Plus scheme. The company performs regular internal and independent penetration testing, utilizes AI/ML for incident management, and maintains a 24/7 Security Operations capability. Copper holds $500 million in specie market-based insurance and has been awarded Best Digital Asset Custodian in multiple regions and years. The company also offers a Web3 browser extension called Copper Connect, a DeFi API for enhanced control and automation, and a Policy Engine for managing team member roles and transaction policies. Copper plans to expand ClearLoop to service third-party custodians in 2024.