• Bitget is partnering with custody firm Copper and joining the ClearLoop network.
• Institutional clients of both companies will be able to hold digital assets within Copper’s infrastructure, while at the same time delegating them to trade on Bitget’s exchange.
• This partnership allows institutional crypto investors to safeguard their assets and optimize trading.

Bitget Partners With Copper

Bitget, a crypto exchange, announced that it is partnering with Copper, a custody firm, and joining the ClearLoop network. This partnership enhances security for institutional clients of both companies by allowing them to safely store digital assets within Copper’s infrastructure while simultaneously delegating those assets to trade on Bitget’s exchange.

Off-Exchange Settlement

The integration with ClearLoop will allow for off-exchange settlement between institutional clients of both companies. Digital assets can be deposited onto Copper’s platform and then linked to a Bitget account, enabling users to take advantage of enhanced security features while still being able to optimize their trading strategies.

Confidence Among Institutions

This partnership exemplifies Bitget’s ongoing efforts to boost confidence among institutional crypto users. It serves as the sixth exchange this year alone to join the platform alongside Matrixport who also recently integrated with ClearLoop in order provide prime brokerage offerings.

$100 Million Fund

Bitget also announced last month that it has started a $100 million fund targeting Web3 startups as Asian countries build frameworks for developing Web3 applications and solutions.

Optimizing Trading Strategies

Institutional crypto investors are primarily seeking ways to safeguard their assets and optimize trading, which is exactly what Bitget provides through its integration with Copper’s ClearLoop network. Through this partnership users can now enjoy increased confidence in their investments while still taking advantage of powerful trading tools available through the exchange platform.

admin

By admin