Crypto custodian Copper reaches $500m in transactions since June

Copper, the London-based custodian for digital assets, has facilitated an impressive $500 million in transactions in the last three months, according to a press release shared with Coin Rivet.

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

Copper announced in May that SWARM – an infrastructure provider for the issuance and trading of digital assets – planned to integrate the company’s technology, which provides institutional-grade security fundamental to the mass market trading of digital securities.

Dmitry Tokarev, founder and CEO of Copper, commented: “Although we expected to see a gradual uptake in execution and settlement volumes across our clients, it’s really heartening to see such a rapid increase in engagement.

“Not only are we trusted by investors and funds to hold millions of dollars worth of their assets and facilitate their high-volume trading needs, but our proven T-0 settlement time allows our customers to work their capital harder and potentially increase profit.

“We are working on other unique services which will give our institutional customers additional tools to engage with the digital asset markets, which we expect to go live in Q4.”

For more news, guides, and cryptocurrency analysis, click here.