Crypto Custodian Copper Reveals Processing of $500 Million in 3 Months
- The firm provides “military-grade” custody services to its clients.
London-based crypto custodian services Copper on Thursday announced that it has processed $500 million worth of crypto transactions on its platform since its launch in June.
The firm published the figures after registering 50 percent growth in month-on-month volumes in August.
“Although we expected to see a gradual uptake in Execution Execution Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Read this Term and settlement volumes across our clients, it’s really heartening to see such a rapid increase in engagement,” Dmitry Tokarev, founder and CEO of Copper, said.
“Not only are we trusted by investors and funds to hold millions of dollars’ worth of their assets and facilitate their high-volume trading needs – but our proven T-0 settlement time allow our customers to work their capital harder and potentially increase profit.”
A military-grade crypto custodian service
Known for its high-end security, Copper offers digital asset custodial services to major investors and institutions. Earlier this year, the company revealed that it revamped the security protocols of its custodial service by adding “military-grade optical air-gapping” to ensure complete security of an offline repository of asset owners’ sharded keys during the transaction signing process.
“We are working on other unique services which will give our institutional customers additional tools to engage with the digital asset markets which we expect to go live in Q4,” Tokarev added.
In May, SWARM, a crypto trading infrastructure provider, partnered with Copper for the custodian needs of its clients, Finance Magnates reported.
The Thursday’s announcement it is offering a variety of services including its multi-account, multi-currency Trading Platform Trading Platform In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real Read this Term and T-0 settlement solution to major clients like GSR.
“The secure repository and trading of digital assets is imperative for facilitating institutional adoption. GSR services the trading needs of counterparts when they are entering and exiting risk trades, or when they require bespoke risk exposures,” Jakob Palmstierna, director of investment solutions at GSR, said.
“It is encouraging for us to see the growth of this type of settlement infrastructure in the crypto industry. Copper has been at the forefront of this development when it comes to robustness and security.”
London-based crypto custodian services Copper on Thursday announced that it has processed $500 million worth of crypto transactions on its platform since its launch in June.
The firm published the figures after registering 50 percent growth in month-on-month volumes in August.
“Although we expected to see a gradual uptake in Execution Execution Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Read this Term and settlement volumes across our clients, it’s really heartening to see such a rapid increase in engagement,” Dmitry Tokarev, founder and CEO of Copper, said.
“Not only are we trusted by investors and funds to hold millions of dollars’ worth of their assets and facilitate their high-volume trading needs – but our proven T-0 settlement time allow our customers to work their capital harder and potentially increase profit.”
A military-grade crypto custodian service
Known for its high-end security, Copper offers digital asset custodial services to major investors and institutions. Earlier this year, the company revealed that it revamped the security protocols of its custodial service by adding “military-grade optical air-gapping” to ensure complete security of an offline repository of asset owners’ sharded keys during the transaction signing process.
“We are working on other unique services which will give our institutional customers additional tools to engage with the digital asset markets which we expect to go live in Q4,” Tokarev added.
In May, SWARM, a crypto trading infrastructure provider, partnered with Copper for the custodian needs of its clients, Finance Magnates reported.
The Thursday’s announcement it is offering a variety of services including its multi-account, multi-currency Trading Platform Trading Platform In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real Read this Term and T-0 settlement solution to major clients like GSR.
“The secure repository and trading of digital assets is imperative for facilitating institutional adoption. GSR services the trading needs of counterparts when they are entering and exiting risk trades, or when they require bespoke risk exposures,” Jakob Palmstierna, director of investment solutions at GSR, said.
“It is encouraging for us to see the growth of this type of settlement infrastructure in the crypto industry. Copper has been at the forefront of this development when it comes to robustness and security.”