Express

Cryptourrency Custodian Copper Raises $8M for Expansion Overseas

Janelle Fox

Summary: Copper, the cryptocurrency custody provider, has raised $8 million in a Series A round, which it plans to use launching in new markets. The firm recieved funds from two U.K.-based venture capitals, LocalGlobe and MMC Ven`tures, as well as the Berlin-based Target Global, which specializes in investing in European companies so they can fund global ...

Copper, the cryptocurrency custody provider, has raised $8 million in a Series A round, which it plans to use launching in new markets.

The firm recieved funds from two U.K.-based venture capitals, LocalGlobe and MMC Ven`tures, as well as the Berlin-based Target Global, which specializes in investing in European companies so they can fund global expansion, according to a Monday announcement.

The London-based startup will use the funds to develop a presence in key regional areas, such as Asia and North America, as well as improving its offering to feature more sophisticated trading facilities found in traditional prime brokerage offerings.

By Janelle Fox

Last Update:

Tags: ,,,
Link: Cryptourrency Custodian Copper Raises $8M for Expansion Overseas   [Copy]
  • From Data Rights to Digital Property: Whistleblower Brittany Kaiser on Blockchain, RWA,... 4 days ago
  • The Base Chain's Ascent: How Deep Coinbase Integration and JPMorgan's Pilot Are Reshapi... 10 days ago
  • Tether in Trouble? U.S. Senate Just Passed a Law That Could Dethrone the $155B Stableco... 13 days ago
  • Justin Sun's Nasdaq Gamble: How Six Years Forged Ties with the Trump Family 14 days ago
  • The Crypto IPO Wave: From Fringe to Front Page 17 days ago
  • You need to login to comment.