CRYMBO integrates Copper as a custody provider, enhancing its marketplace infrastructure.
Thursday, 17th October 2024 — Copper.co, a leader in digital asset custody, collateral management, and prime services, has partnered with CRYMBO, an orchestration platform which unifies fragmented TradFi, CeFi & DeFi infrastructure. CRYMBO uses a single API to connect to ecosystems serving as a cryptocurrency gateway under the secure custody of Copper.
The partnership combines CRYMBO’s orchestration platform with ClearLoop, Copper’s award-winning institutional-grade technology, which is set to improve operational efficiency and collateral mobility, while also mitigating counterparty risks associated with digital asset management for institutional clients.
Dmitry Tokarev, CEO at Copper, commented: “We’re excited to be providing enhanced custody services for CRYMBO. This is a valued partnership for us showing how we are working with the industry to provide advanced custody solutions to our clients.”
Eyal Daskal, the Founder and CEO at CRYMBO, said: “We are thrilled to announce our partnership with Copper, one of the industry’s leading digital asset custodians. This collaboration marks a significant milestone for both CRYMBO and Copper, allowing us to combine our strengths in technology and operations to offer superior services within the digital asset ecosystem. By integrating esteemed providers like Copper, we are delivering advanced, trustworthy technology to our clients and further strengthening our solution. We look forward to working together to bring these enhancements to our clients.”
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About CRYMBO
“CRYMBO is a leading orchestration platform that unifies fragmented TradFi, CeFi, and DeFi infrastructure with a single API. The solution simplifies and optimizes digital asset operations, catering to institutional investors, investment houses, hedge funds, exchanges, banks, EMIs, and payment service providers. Prioritizing both cost efficiency and time-to-market, CRYMBO offers institutional clients a significant advantage by reducing integration and reconciliation costs and timelines. This enables them to allocate resources more effectively, directing their efforts towards revenue-generating activities with enhanced agility.”
For more information, visit: https://www.crymbo.com/
LinkedIn: Crymbo
Twitter: @CrymboTech
About Copper
Since being founded in 2018, Copper has been building the standard for institutional digital asset infrastructure with a focus on custody and collateral management. Underpinned by multi-award-winning technology, Copper has built a comprehensive and secure suite of products and services required to safely custody and trade digital assets. At the core of Copper’s infrastructure is ClearLoop, which enables clients to manage collateral and settle trades across multiple exchanges, while mitigating counterparty risk and increasing capital efficiency.
For more information, please visit: www.copper.co
LinkedIn: Copper.co
Twitter: @CopperHQ