5 years ago
Copper.co Secures €7.3 Million to Expand Digital Asset Platform Globally
Copper.co, a UK-based startup specializing in digital asset custody, has raised over €7.3 million in Series A funding
The round was led by Target Global, with participation from LocalGlobe and MMC Ventures
Copper.co plans to use the funds to expand its operations globally, particularly in North America and Asia, and launch new products for institutional investors
The company aims to provide secure and reliable custody and execution services for digital assets, addressing a gap in the market that has hindered institutional participation in the cryptocurrency industry.
ProblemFinancial Services
"investors and institutions lack reliable custody and execution services for digital assets, leaving them locked out of the market"
Solution
"Copper.co provides a secure and easy-to-navigate platform for institutional investors, offering dedicated account management, professional custody, and execution services"