Copper, a supplier of digital custody and colland management, works together with the cessation of infrastructure provider to improve institutional deployment options.
The cooperation enables Coper’s institutional customers to use assets safely, while earning rewards in multiple blockchain networks, including Ethereum (ETH), Solana (SOL) and Polkadot (DOT).
As an institutional investor, the move comes to look at a result as a way to generate passive income on their crypto companies while retaining safety and compliance.
By integrating the deployment services of Figment with Copper custody solutions, customers can use assets without endangering the protection of assets or compliance with the regulations, crypto.news can excluding.
Safe deployment environment
The collaboration combines Copper’s Multi-Party on calculations-based custody with Figment’s deployment expert and offers customers a safe and regulated stake environment.
The infrastructure of Figment is supported by SOC 2 Type II and ISO 27001 certifications, which guarantees high security standards. In addition, risk reduction measures protect against double signing, downtime and missed rewards.
“This collaboration provides a safe expansion infrastructure with the potential to earn tangible rewards,” said Ben Lorente, strategic alliances director at Copper.
Ben Spiegelman, VP of business development at Figment, emphasized that the partnership offers institutional customers with “the robust infrastructure protection measures they need” to participate in confidence.
On 11 February, Copper announced the launch of a blockchain-based platform that aims to transform the market for digital asset-lending by also integrating traditional finances. The financing solution of Copper deals with problems such as limited visibility, inflexibility and slow settlement times.