Copper

A Copper-branded keychain. (Danny Nelson/CoinDesk)

Finance

Crypto Trading Platform Bitget to Offer Off-Exchange Settlement With Copper’s ClearLoop

Digital assets safely held within Copper’s infrastructure can be simultaneously delegated to trade on Bitget.

A Copper-branded keychain. (Danny Nelson/CoinDesk)

May 25, 2023 at 8:00 a.m. UTC

May 25, 2023

BitgetCopperInstitutional Adoption

(Matrixport)

Finance

Matrixport Integrates With Copper’s ClearLoop on Prime Brokerage Offerings

The collaboration will see Matrixport working with Copper’s ClearLoop to offer institutional clients off-exchange settlement.

(Matrixport)

By Lyllah Ledesma

May 16, 2023 at 4:00 a.m. UTC

May 16, 2023

MatrixportCopperPrime Brokerage

(Danny Nelson/CoinDesk)

Finance

Crypto Custodian Copper Partners With OKX to Provide Off-Exchange Settlements

Institutional clients will be able to trade on the OKX exchange while their digital assets remain safeguarded with Copper.

(Danny Nelson/CoinDesk)

Apr 3, 2023 at 3:29 p.m. UTC

Apr 3, 2023

CopperOKXCustody Services

Crypto Custody Provider Copper to Lay Off Up to 15% of Staff

Video

Crypto Custody Provider Copper to Lay Off Up to 15% of Staff

Cryptocurrency custody provider Copper said up to 15% of its staff face layoffs as the firm streamlines its business amid tough market conditions affecting the crypto industry. "The Hash" panel discusses the latest fallout from crypto winter despite bitcoin's (BTC) recent rally.

Crypto Custody Provider Copper to Lay Off Up to 15% of Staff

By CoinDesk Inc

Mar 22, 2023 at 5:23 p.m. UTC

Mar 22, 2023

cdtvHash clipCopperCrypto Winter

Copper CEO Dmitry Tokarev (Copper)

Finance

Copper to Lay Off Up to 15% of Staff, Focus on Crypto Custody, Settlement

The process is just getting under way and the company, which employs about 300, said it cannot put an exact number on job losses.

Copper CEO Dmitry Tokarev (Copper)

By Ian Allison Will Canny

Mar 22, 2023 at 10:30 a.m. UTC

Mar 22, 2023

Exclusive CustodyCopperJobsLayoffs

State Street building in London (Danny Nelson/CoinDesk)

Finance

Banking Giant State Street Cuts Ties With Crypto Custody Firm Copper

State Street and Copper have mutually decided to end their licensing agreement, a spokesman for the bank said.

State Street building in London (Danny Nelson/CoinDesk)

Mar 16, 2023 at 6:46 p.m. UTC

Mar 16, 2023

State StreetCopperExclusive

A Copper-branded keychain. (Danny Nelson/CoinDesk)

Finance

Crypto Custody Firm Copper Shelves Enterprise Business: Source

Focusing on Copper’s Clear Loop custody and settlement business made more economic sense going forward.

A Copper-branded keychain. (Danny Nelson/CoinDesk)

Mar 16, 2023 at 3:25 p.m. UTC

Mar 16, 2023

CopperExclusive Custody Services

A Copper-branded keychain (Danny Nelson/CoinDesk)

Finance

Crypto Custody Firm Copper Alerted to Security ‘Incident’ Over Christmas

Copper said some “concerning behavior” had been detected, and that a “machine-generated alert had been triggered.”

A Copper-branded keychain (Danny Nelson/CoinDesk)

By Ian Allison Will Canny

Feb 1, 2023 at 9:55 p.m. UTC

Feb 1, 2023

CopperCustodyHackGitHub

U.K. flag (Shutterstock)

Policy

Ex-UK Chancellor Philip Hammond Urges Accelerated Efforts to Become Crypto Hub: FT

Hammond, chair of custody company Copper, said the U.K. is falling behind neighboring countries and needs to accept "measured risk."

U.K. flag (Shutterstock)

By Jamie Crawley

Jan 26, 2023 at 9:42 a.m. UTC

Jan 26, 2023

CopperU.KCustodians

acquisition, merger

Finance

Crypto Exchange BitMart to Join Custodian Copper’s ClearLoop Network

Institutional clients will be able to trade on the BitMart exchange while their digital assets remain safeguarded in Copper’s custody.

acquisition, merger

Jan 19, 2023 at 11:04 a.m. UTC

Jan 19, 2023

bitmartCrypto CustodyExclusive Copper