Corporate Finance, DeFi, Blockchain, Web3 News
Corporate Finance, DeFi, Blockchain News

Digital assets: Copper reach $500m in transactions in just three months

The company has also seen exponential growth of 50% month-on-month in trade and settlement volumes, despite quiet summer.


London, September 5th: Copper, the London-based custodian for digital assets, has witnessed exponential growth in the use of its trade and settlement Infrastructure, Showing a 50% increase in volumes month-on-month.

Since launching its infrastructure in June, Copper has already processed $500m in transactions.

The company already provides digital asset safeguarding for multiple funds and investors operating a full range of investment strategies. Now, clients such as GSR, a large market-maker and liquidity provider for digital assets, are taking full-advantage of Copper’s multi-account, multi-currency trading platform and T-0 settlement solution. As the firm moves towards fiat custody and settlement, it has also agreed to work with Signature bank to provide T-0 USD settlement.

Copper has been repeatedly recognised for its market-leading settlement solutions by financial and fintech organisations. Most recently, Copper announced in May that it was selected by SWARM, an infrastructure provider for the issuance and trading of digital assets, to integrate Copper’s technology which provides institutional grade security fundamental to the mass market trading of digital securities.

Dmitry Tokarev, Founder & CEO of Copper, has commented: “Although we expected to see a gradual uptake in execution and settlement volumes across our clients, it’s really heartening to see such a rapid increase in engagement.

“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.

“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.“

Jakob Palmstierna, director of investment solutions, GSR, has commented: “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.

“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.”

About Copper.co
Copper designs & develops the award winning infrastructure which enables institutions to acquire, store, and trade digital assets in a manner which satisfies global investors and regulatory standards. Its multi-signature safeguarding application allows institutions can have complete certainty that their capital is not at risk of theft, whether it be from hackers or bad players in the industry.
https://copper.co

FINYEAR & CHAINEUM

Lisez gratuitement le quotidien Finyear & sa newsletter quotidienne.
Recevez chaque matin par mail la newsletter Finyear, une sélection quotidienne des meilleures infos et expertises en finance digitale, corporate finance & crypto finance.

Read for free The daily newspaper Finyear & its daily newsletter.
Receive the Finyear's newsletter every morning by email, a daily snapshot of the best news and expertise in digital finance, corporate finance & crypto finance.

------------------------

Chaineum :
Fondée en 2015, Chaineum est un cabinet de conseil en opérations de haut de bilan offrant une expertise de premier plan en matière d’ICO et STO, avec une vision stratégique orientée tant vers le métier de ses clients que sur la technologie blockchain. A ce titre, Chaineum a participé à la mise en œuvre de bonnes pratiques dans le secteur (ICO Charter, Security Token Network).
La division services blockchain de Chaineum, développe la technologie Chaineum Segment, une blockchain privée orientée objets.

About Chaineum:
Founded in 2015, Chaineum is a leading corporate finance advisory firm with a strong expertise in ICO and STO, and a strategic focus on both its clients' business and blockchain technology. As such, Chaineum paved the way in the implementation of certain best practices in this sector (ICO Charter, Security Token Network).
Chaineum's blockchain services division, is developing Chaineum Segment technology, an object-oriented private blockchain.

-------------------------

No Offer, Solicitation, Investment Advice, or Recommendations

This website is for informational purposes only and does not constitute an offer to sell, a solicitation to buy, or a recommendation for any security, nor does it constitute an offer to provide investment advisory or other services by FINYEAR.
No reference to any specific security constitutes a recommendation to buy, sell or hold that security or any other security.
Nothing on this website shall be considered a solicitation or offer to buy or sell any security, future, option or other financial instrument or to offer or provide any investment advice or service to any person in any jurisdiction.
Nothing contained on the website constitutes investment advice or offers any opinion with respect to the suitability of any security, and the views expressed on this website should not be taken as advice to buy, sell or hold any security. In preparing the information contained in this website, we have not taken into account the investment needs, objectives and financial circumstances of any particular investor.
This information has no regard to the specific investment objectives, financial situation and particular needs of any specific recipient of this information and investments discussed may not be suitable for all investors.
Any views expressed on this website by us were prepared based upon the information available to us at the time such views were written. Changed or additional information could cause such views to change.
All information is subject to possible correction. Information may quickly become unreliable for various reasons, including changes in market conditions or economic circumstances.

Mercredi 11 Septembre 2019




OFFRES D'EMPLOI


OFFRES DE STAGES


NOMINATIONS


DERNIERES ACTUALITES


POPULAIRES