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Crypto custody firm Copper in early talks for IPO as crypto 'plumbing' becomes new Wall Street favorite
['Will Canny']
CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Crypto custody firm Copper is in early talks about a public listing, according to three people with knowledge of the matter.
However, the spokesperson declined to comment on whether the company is currently engaged in early talks about a potential listing.
From trenches to IPOCopper has joined the growing wave of digital asset firms eyeing public markets, becoming the latest crypto-native player to weigh an IPO.
The company provides institutional-grade crypto infrastructure, including custody built on multi-party computation (MPC) technology, as well as settlement and prime brokerage services designed to reduce counterparty risk for banks and trading firms.
Read more: Copper Hires Tammy Weinrib as Chief Compliance Officer for Americas as it Expands in U.S.