Astro Labs partners with Copper

Thursday, December 12th, 2024 – Copper, a leader in digital asset custody, collateral management, and prime services is delighted to announce a strategic partnership with Astro Labs (‘Astro’), a financial infrastructure company with a cross-chain bridge and stablecoin built on Arweave and aoComputer (AO) ecosystem.

Through this new strategic partnership with Astro, Copper’s advanced MPC technology will be used to protect Quantum’s users’ locked assets when bridging into the AO ecosystem through Copper’s infrastructure.

Earlier this year, Copper built custody support for tokens on the AO network, which is the compute layer on top of Arweave.

Now with Quantum live, the collaboration between Astro and Copper brings secure and robust institutional infrastructure to the AR and AO ecosystem, with custodial support for the tokens built on the AO network which is enhancing the accessibility and adoption for institutional investors.

Kadar, CEO at Astro Labs said: “Astro’s partnership with Copper came together seamlessly as our visions for security and trust align. Copper has been a steadfast supporter of the Arweave ecosystem and is now extending its expertise to the AO network. Their cutting-edge MPC infrastructure enables secure cross-chain liquidity, which is instrumental for assets, such as Q Arweave (qAR) and USDA, the native stablecoin of AO."

“We’re excited by this latest partnership with Astro” commented Alex Maslin, Business Development Director at Copper. “Collaborating furthers ease of access and allows clients to leverage their Arweave holdings within the AO ecosystem while maintaining the benefits of being integrated into Copper’s custody.”

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About Astro Labs

“Astro Labs is building the first native stablecoin on Arweave and AO. We are creating a new path to bring liquidity to the Arweave and AO ecosystem. Based in London, we are a global team of blockchain, crypto and DeFi experts.”

For more information, please visit: www.astrousd.com

LinkedIn: Astro Labs

X (formerly Twitter): astrousd

About Copper.co

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

X (formerly Twitter): @CopperHQ

Please direct any media enquiries or requests to: copper@portland-communications.com