Matrixport Integrates With Copper’s ClearLoop on Prime Brokerage Offerings

Crypto service provider Matrixport is joining forces with crypto custodian Copper to enhance its client access to prime brokerage offerings, according to a press release.

The collaboration will see Matrixport integrating with Copper’s ClearLoop to offer its institutional clients off-exchange settlement. Copper’s ClearLoop network allows investors to hold on to assets until just before a trade is executed by connecting multiple exchanges in one secure trading loop.

This allows users to keep their assets securely within Copper’s infrastructure while trading on ClearLoop-connected exchanges through Matrixport sub-accounts, according to the press release. “This process not only ensures clients are protected from exchange counterparty risks but also promotes capital efficiency,” reads

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