Access liquidity on centralised exchanges through Copper’s off-exchange collateral management and settlement solution.
Exchange counterparty and insolvency risk exposure
Capital inefficiency with network fees from moving assets to and from an exchange
Operational overheads and administrative burden
ClearLoop enables clients to trade on centralised exchanges without funds leaving Copper's secure MPC custody.
Settlements occur on the Copper platform between the client and the exchange.
Copper’s risk engine performs ongoing monitoring of ClearLoop trading activity vs. respective exchange collateral.
To address the insolvency risk of any ClearLoop participant, Copper has established an account structure dedicated to ClearLoop, over which an English Law Trust is created.
Copper establishes a trust over client-delegated assets and exchange margin, governed by a collateral agreement.
Copper is appointed as the trustee, holding the funds on behalf of the beneficiaries (exchanges and Copper clients).
The trust provides protection against the insolvency of Copper, and the collateral agreements provide protection for (i) clients against an exchange insolvency and (ii) exchanges against a client insolvency.
- Josh Gibson, Global Head of Exchanges at GSR
Digital asset custody secured by MPC technology.
Inter-exchange connectivity within a governance framework.
OTC settlement infrastructure
(FOP / DVP).
Yield generation from secure custody.
Interact with DeFi from secure custody.
Packaged solution for ETP issuers.