Copper is a digital asset infrastructure provider, founded in 2018, that builds custody, prime brokerage, and settlement solutions for institutional investors in cryptocurrencies. Its platform safeguards over 600 digital assets across more than 50 blockchain networks, connecting to upwards of 40 exchanges. The company processes a monthly notional trading volume exceeding $50 billion and serves over 1,000 active counterparties globally, including hedge funds, trading firms, and venture capital funds.
At the core of Copper's technology is its award-winning Multi-Party Computation (MPC) custody solution. This system eliminates single points of failure by splitting private keys into three independently controlled shards, requiring a two-of-three quorum to sign transactions. This cryptographic approach provides a security model designed to meet institutional risk management requirements for digital asset storage.
Copper also developed ClearLoop, the industry's first off-exchange settlement solution. This product addresses counterparty and security risks by allowing institutional clients to trade on connected exchanges without pre-funding assets onto those platforms. Assets remain in Copper's custody until settlement, reducing exposure to exchange-specific risks.
