Jan. 19, 2023— We are delighted to announce that BitMart will be partnering with Copper and joining the ClearLoop Network, subject to contracts and the completion of technical integration. The industry leading settlement solution will offer BitMart’s institutional clients the ability to trade on the BitMart exchange whilst their funds remain in Copper’s custody, thus mitigating counterparty risk exposure, improving capital efficiency and speeding up settlement times.

As a part of the ClearLoop Network, BitMart’s institutional clients will be able to trade on BitMart while their assets remain safeguarded in Copper’s custody.

“Institutional crypto investors are, above all, seeking out ways to better safeguard their assets and optimize their trading,” said Victor Wei, Vice-President of Institutional Clients at BitMart. “ClearLoop meets these demands and in so doing is contributing to the maturing of the ecosystem. We look forward to our continued collaboration with the Copper team as we grow our institutional offering.

“Allowing clients to trade on exchanges direct from Copper custody is an important step in institutionalizing the digital asset markets. We’re thrilled to partner with BitMart, bringing off-exchange settlement to their institutional clients while furthering our shared commitment to asset security, and setting higher standards for the crypto industry.” Dmitry Tokarev, CEO at Copper

About BitMart

BitMart is the premier global digital asset trading platform. With millions of users worldwide and ranked among the top crypto exchanges on CoinGecko, it currently offers 1,000+ trading pairs with competitive trading fees. Constantly evolving and growing, BitMart is interested in crypto’s potential to drive innovation and promote financial inclusion. To learn more about BitMart, visit their website, follow their Twitter, or join their Telegram for updates, news, and promotions. Be sure to download the BitMart App to easily trade your favorite crypto anytime, anywhere.

About Copper.co

Founded in 2018, Copper provides a gateway into the crypto-asset space for institutional investors by offering custody, trading, and settlement solutions across 500 crypto-assets and more than 45 exchanges. It is committed to providing flexible solutions for institutional investors that can adapt to the changing crypto asset space while enabling far greater transparency and control for asset managers.

Copper’s fully integrated products are unique in the crypto-asset space. Underpinned by multi-award-winning custody, Copper has built the comprehensive and secure suite of tools and services required to safely acquire, trade, and store cryptocurrencies.

At the core of Copper’s infrastructure is ClearLoop, a framework that connects the universe of exchanges in one secure trading loop — with real-time settlement across multiple networks. Integrated with market-leading crypto exchanges, ClearLoop has already transformed how institutional investors can engage in the crypto asset space since it was launched in May 2020.