Crypto
Crypto custody firm Copper pursues sale valued at $500 million
Crypto custody firm Copper is pursuing a sale valued at about $500 million, Coindesk reported, citing two sources. Wall Street investment bank Cantor Fitzgerald is advising on the process. Copper\'s core asset is its ClearLoop settlement system, which enables delivery-versus-payment trades while keeping assets in custody and off-chain. Copper has focused on ClearLoop since exiting corporate custody in 2023.
