Copper.co, a provider of digital assets, has announced the launch of his office loan platform.
In an announcement of 11 February on 11 February, Copper said that the blockchain-based platform, which will also integrate traditional financing, has the market to transform the market for digital assets.
The platform is designed to take on challenges that have contributed to large collapses in Defi and Tradfi. The financing solution of Copper tackles problems such as limited visibility, inflexibility and slow settlement times.
Users will also benefit from increased efficiency and transparency – Key functions of blockchain and crucial statistics for credit models. Bridging the gap between efficiency on the chain and real-world risk management not only increases capital efficiency, but also reduces infection risks.
“We want to offer a best-in-class desk-leen platform for our institutional customers, while we demonstrate the potential of blockchain to offer transparent, fast and flexible financing that protects against over-over losses before they spread. Our new platform is designed to transform lending by combining the transparency and speed of blockchain-based finances with the flexible conditions of traditional finances, ”said Amar Kuchinad, global chief executive officer of Copper.co.
Read more: Copper technologies cancel the British registration in favor of global expansion
The rollout of the Bureau-Leenplatform includes functions such as fast loan performance, overcollateral loans that combine the yield generation with safe recovery and real-time visibility. Customers have access to these functionalities via an on-platform Dashboard.
An adapted risk frame ensures the safety of positions in the case of an infringement of a loan-to-value. In the meantime, direct lending and the ring debit of borrowed assets will help to limit ecosystem threats and bankruptcy risks with the help of the Off-Exchange settlement platform of Coper, Clearloop.
Copper has recently announced that it will offer safe custody solutions for CSE-Genotated digital asset provider Fineqia. The move is part of his plans for global expansion.
The partnership makes the buyer the guardianship provider for the stock market -built note activities of Fineqia. By working together with Koper, Fineqia enables to offer reliable and transparent etns and other investment products.
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