Falconx has announced the expansion of its Prime Connect product through an integration with Copper’s Clearloop network, enhancing off-exchange settlement capabilities for its Direct Market Access (DMA) clients trading on Bybit. This integration allows clients to custody their assets off-exchange while trading, thereby reducing counterparty risk associated with exchange-held funds. Falconx’s DMA offering provides a […]

Coinbase, Coinbase, recently announced the latest integration of Clearloop of Copper, a leading platform for managing digital asset bonds. As part of this collaboration, Coinbase is integrating the Clearloop network to allow institutional users to access the non-exchange collateral management and the copper payments ecosystem. The platform revealed this notable development in a recent social media post shared on X.

Crypto prime broker FalconX has teamed up with UK-based Copper to plug the latter’s ClearLoop settlement network into its direct market access platform,

"Nomura-Backed Komainu joins crypto custodian Copper's ClearLoop Network. Komainu clients will benefit from firm's on-chain custody and gain access to off-exchange settlement over ClearLoop." According to Coindesk.

BitGo, a digital asset custodian, and Copper, known for its ClearLoop settlement network, are now providing off-exchange settlement services for traders on the Deribit options exchange, according to a recent announcement. This collaboration allows BitGo and Copper clients to trade spot and derivative products on Deribit while their assets remain securely held off-exchange within BitGo Trust's qualified custody. Settlement is automated through Copper ClearLoop and the Go Network, as detailed in a press statement.