T-0 settlement offered by Copper, a custodian in London

Copper, a custodian in London for digital assets, has announced that since launching the infrastructure in June, he has processed over $ 500 million in transactions, growing each month.

The company offers digital asset protection for multiple funds and investors operating a full range of investment strategies.

Currently, clients such as GSR, a large market manufacturer and liquidity provider for digital assets, have integrated the multi-account trading, multi-currency trading platform and T-0 settlement solution.

Settlement T-0 USD

As part of the expansion plans for fiat custody and settlement services, Copper also signed a partnership with Signature Bank to provide T-0 settlement.

“Secure storage and trading of digital assets are imperative to facilitate institutional adoption. GSR services provide the trading needs of counterparts when entering and exiting risk transactions or when they require personalized 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 security. ”

said Jakob Palmstierna, GSR’s director of investment solutions.

Also in May, Copper announced that it had been selected for a collaboration with SWARM, an infrastructure provider for issuing and marketing digital assets.

“Although we expected to see a gradual increase in the execution and settlement volumes of our clients, it is really encouraging to see a rapid increase in commitment. We are working on other unique services that will provide our institutional clients with additional tools to engage with the digital asset markets that we expect to launch in the fourth quarter. ”

said Dmitry Tokarev, founder and CEO of Copper.