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Matrixport partners with Copper to enhance prime brokerage offerings for institutional clients

Crypto service provider Matrixport is teaming up with crypto custodian Copper to improve its clients' access to prime brokerage offerings. The partnership will involve Matrixport integrating with Copper's ClearLoop to provide institutional clients with off-exchange settlement. Copper's ClearLoop network allows investors to hold onto assets until just before a trade is executed by connecting multiple exchanges in one secure trading loop. This ensures clients are protected from exchange counterparty risks and promotes capital efficiency, according to the press release. The collaboration demonstrates the companies' shared commitment to building a more secure, transparent, and accessible financial market infrastructure in the digital asset industry.

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