London-based institutional custody and prime brokerage firm, Copper.co, today announces its partnership with the first U.S. prime dealer, SFOX.
The integration will allow Copper’s institutional clients instant and secure access to SFOX’s best price execution platform and global liquidity. While SFOX’s clients will benefit from the secure custody and settlement architecture pioneered by Copper’s Walled Garden.
SFOX facilitates best price execution through its global integrated order book of exchanges and OTC liquidity providers via a single point of access, replacing the need to manage multiple exchange accounts and API keys. Their consolidated order book provides clients with improved capital efficiency and price discovery for crypto trading.
Copper uses a combination of blockchain agnostic multi-sig wallets and multi-party computation (MPC) to provide industry-leading private key management.
This news follows announcements last week that Copper.co has completed a Series A funding round enabling expansion across North America and APAC. As well, SFOX announced further partnerships including with London-based market makers B2C2 for improved transparency and liquidity in OTC markets.
Dmitry Tokarev, CEO and Founder of Copper.co, has commented: “SFOX are a force within institutional crypto-asset trading. They are known for their deep liquidity, with low slippage, solid technology, and having been in the crypto-assets ecosystem since the early days. We are delighted to be working with them, providing a crucial and complimentary service to our shared clients.”
Danny Kim, Head of Growth at SFOX, has commented: “We are excited to partner and work with one of the fastest growing institutional digital asset custodians in Europe. They’ve built a great technology for safeguarding digital assets and we look forward to working with them more closely in delivering the needs of institutional investors for crypto. With Copper’s award-winning infrastructure couple with SFOX’s liquidity, our partnership offers institutional investors a full-stack solution for crypto.”
About Copper
Copper designs & develops the award winning infrastructure which enables institutions to acquire, store, and trade digital assets in a manner which satisfies global investors and regulatory standards. Its multi-signature safeguarding application allows institutions to have complete certainty that their capital is not at risk of theft, whether it be from hackers or bad players in the industry. Copper is also one of the few digital asset custody solutions to be insured against crime, including theft of fiat or digital assets – with a comprehensive policy brokered by Aon in London.
More details: https://copper.co
About SFOX
Founded in 2014, SFOX is the first and leading U.S. cryptocurrency prime dealer that provides high-volume traders and institutional investors higher returns through best price execution via a global integrated order book. The platform offers a simple, reliable, and secure way to access best-priced liquidity for digital assets with advanced algorithmic order types, global market data analysis, and blockchain infrastructure support. Headquartered in the U.S. SFOX has become the trusted partner to over 200,000 traders, funds, and businesses in the crypto industry.
Learn more: www.sfox.com