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Coinbase International Partners with Copper to Integrate ClearLoop Network, Enhancing Institutional Trading Efficiency
Summary: In a recent announcement, Coinbase International has strategically partnered with digital asset infrastructure provider Copper to integrate Copper's ClearLoop network into the Coinbase platform. This collaboration will offer over-the-counter settlement and collateral management services to institutional clients, significantly reducing counterparty risk and improving capital efficiency. Through Copper's Multi-Party Computation (MPC) technology, clients can securely store ...
In a recent announcement, Coinbase International has strategically partnered with digital asset infrastructure provider Copper to integrate Copper's ClearLoop network into the Coinbase platform. This collaboration will offer over-the-counter settlement and collateral management services to institutional clients, significantly reducing counterparty risk and improving capital efficiency.
Through Copper's Multi-Party Computation (MPC) technology, clients can securely store digital assets while enjoying near real-time trade settlement without the need to directly hold assets on exchanges. The ClearLoop network supports instant asset allocation, reduces network fees, and allows for flexible collateral management strategies based on market changes.
Ethena is among the first partners to join this project. This partnership signifies a significant upgrade in the digital asset industry infrastructure, providing a safer and more efficient solution for institutional investors to participate in the digital asset market. (Crowdfundinsider)
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Link: Coinbase International Partners with Copper to Integrate ClearLoop Network, Enhancing Institutional Trading Efficiency [Copy]
