• Bitget is partnering with custody firm Copper and joining the ClearLoop network.
• Institutional clients of both companies will be able to hold digital assets within Copper’s infrastructure while at the same time delegating those assets to trade on the exchange.
• Bitget recently started a $100 million fund targeting Web3 startups as Asian countries build a framework for developing Web3.
Bitget Partners With Copper and Joins ClearLoop Network
FinanceCrypto Trading Platform Bitget has announced its partnership with custody firm Copper and that it will be joining the ClearLoop network, allowing institutional clients of both companies to hold digital assets within Copper’s infrastructure while simultaneously trading them on the exchange.
Simultaneous Delegation of Assets
Institutional crypto investors will now be able to safely delegate their digital assets held in Copper’s infrastructure to trade on Bitget without any additional steps or processes in between. Client assets are deposited on Copper’s platform and then linked to a Bitget account for easy and secure trading.
Targeting Web3 Startups
In an effort to boost confidence among institutional crypto users, Bitget announced last month that it had started a $100 million fund targeting Web3 startups as Asian countries build a framework for developing Web3 applications.
Matrixport Also Joins ClearLoop
Crypto service provider Matrixport also said earlier this month that it was joining the platform, making it the sixth exchange this year to join Copper’s ClearLoop network.
The partnership between Bitget and Copper exemplifies ongoing efforts by both companies to provide greater security and confidence in cryptocurrency investments for institutional investors.