Copper.co, London-based institutional custody and brokerage firm, announced its partnership with SFOX, US prime cryptocurrency dealer.
Copper’s institutional clients will benefit from SFOX’s integration and use secure access to its best price execution platform and global liquidity.
SFOX’s clients will be able to take advantage of the secure custody and settlement architecture developed by Copper’s Walled Garden.
SFOX’s best price execution is facilitated through the platform’s global integrated order book of exchanges and OTC liquidity providers via a single point of access. Thus, replacing the need to manage multiple exchange accounts and API keys.
Clients benefit from the capital efficiency and price discovery for crypto trading from the consolidated order book.
Copper uses a blockchain agnostic multi-sig wallets in combination with multi-party computation (MPC) to provide industry-leading private key management.
Copper.co announced last week that it has completed a Series A funding round which enables expansion across North America and APAC. SFOX also announced further partnerships including with market makers B2C2 for improved transparency and liquidity in OTC markets.
Dmitry Tokarev, CEO and Founder of Copper.co, said:
SFOX are a force within institutional crypto-asset trading. They are known for their deep liquidity, with low slippage, solid technology, and having been in the crypto-assets ecosystem since the early days.
We are delighted to be working with them, providing a crucial and complimentary service to our shared clients.
Danny Kim, Head of Growth at SFOX, has commented:
We are excited to partner and work with one of the fastest growing institutional digital asset custodians in Europe. They’ve built a great technology for safeguarding digital assets and we look forward to working with them more closely in delivering the needs of institutional investors for crypto.
With Copper’s award-winning infrastructure couple with SFOX’s liquidity, our partnership offers institutional investors a full-stack solution for crypto.
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