Copper
Crypto Custodian Copper Soon to Close Delayed Funding Round: Sources
Copper’s Series C round will value the company around $2 billion, according to two sources. The firm sought a $3 billion valuation in November.
Copper's Swiss Unit Approved to Join Self-Regulatory Body VQF
Membership gives a stamp of approval to its compliance with Switzerland's anti-money laundering laws and allows the unit to operate.
FCA Friction Said to Spook Investors Over Copper’s Reported $500M Raise
Temporary registration status from the U.K.’s markets regulator has caused some VC firms to back out or downsize their checks, sources say.
State Street to Offer Crypto Custody in Pact With Copper
The move follows the custodial banking giant launching its crypto division in June.
Crypto Custodian Copper Eyes $2.5B Valuation in $500M Funding Round Talks: Report
Just five months ago, Copper raised $50 million in Series B funding led by Dawn Capital and Target Global.
Ex-UK Chancellor Philip Hammond Joins Crypto Custodian Copper in Advisory Role
Hammond will advise the company on its global expansion efforts.
21Shares Taps Copper for Custody of Crypto ETPs
21Shares also intends to use Copper’s staking capabilities to manage its holdings.
FTX Integrates Copper Trading Tool ClearLoop
ClearLoop lowers risk by allowing institutional investors to hold on to assets until just before a trade is executed.
Algorand Gets Cozy With Crypto Custodian Copper
Algorand is looking beyond Copper’s safe-keeping provisions to explore the custodian’s ClearLoop system of instant asset exchange and settlement.
Goldman Sachs Analyst Says Crypto Is an Alternative to Copper, Not Gold
Jeff Currie, Goldman Sachs’ head of commodities research, said Tuesday cryptocurrencies are not a substitute for gold when looking for an inflation hedge, but for copper. He noted that while gold is viewed as a haven asset, both bitcoin and copper behave as “risk-on” inflation hedges. “The Hash” panel digs into the assessment.
