Copper.co is a leading player in the digital asset custody, collateral management, and prime services space. Founded in 2018 and headquartered in the United Kingdom, the company is dedicated to assisting institutional investors in safely acquiring, trading, and storing cryptoassets.
Under the leadership of Global CEO Amar Kuchinad, Copper offers a comprehensive suite of custody, trading, and settlement solutions aimed at reducing counterparty risk and enhancing capital and operational efficiency in digital asset markets. One of the standout features of Copper's offering is its utilization of Multi-Party Computation (MPC) technology, renowned for its secure custody capabilities.
What sets Copper apart is its ability to connect its custody system to centralized exchanges without the assets leaving the custody, a unique approach in the industry. The firm holds top-tier security certifications and boasts one of the most robust insurance coverages, provided by an A+ rated insurer, further solidifying its appeal to institutions seeking asset safeguarding.
The company's most recent milestone was a $181.00M Series C investment led by prominent investors including Accel, SoftBank Capital, Tiger Global Management, and Barclays Ventures, which took place on 12 October 2022. For further insights into the company, those interested can stay updated by following Copper on Twitter at @CopperHQ or visiting its newsroom at copper.co/insights/company-news.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Series C | $181.00M | 4 | Barclays Ventures | 12 Oct 2022 |
Convertible Note | $15.00M | - | 12 Oct 2022 | |
Series C | Unknown | - | 24 Jul 2022 | |
Series B | $25.00M | 2 | Alan Howard | 11 Jun 2021 |
Series B | $51.00M | 6 | LocalGlobe, L1D | 18 May 2021 |
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