Copper will serve as collateral manager and custodian for Cantor Fitzgerald's new global Bitcoin financing business, designed to provide institutional investors with secure and efficient access to Bitcoin-backed financing.
TUESDAY, 11 March 2025 - Cantor Fitzgerald today announced that Copper and Anchorage Digital will serve as collateral managers and custodians for the firm’s new global Bitcoin financing business, designed to provide institutional investors with secure and efficient access to Bitcoin-backed financing.
This partnership underscores the security, transparency, and efficiency of Copper’s innovative financing and collateral management platform, which ensures robust protections throughout the lifecycle of a loan. With round-the-clock access, a seamless user experience, and the backing of a substantial balance sheet, institutional investors can now unlock new opportunities in the digital asset space with confidence.
The collaboration highlights the industry's ability to work together while upholding the open ethos of blockchain—a core principle that fosters accessibility and innovation in digital finance. We are proud to be aligned with Anchorage Digital in this initiative with Cantor Fitzgerald, delivering institutional-grade solutions that bridge the gap between traditional finance and crypto.
Michael Cunningham, Head of Bitcoin Financing at Cantor Fitzgerald commented: “We are thrilled to partner with Anchorage Digital and Copper, whose industry-leading security solutions will help us deliver best-in-class digital asset custody services to our clients. We are launching with $2 billion in initial financing and expect to substantially grow the operation over time.”
Amar Kuchinad, Global CEO of Copper added: “Institutional investors are increasingly looking to diversify their portfolios and identify secure routes into the digital asset market. This significant partnership with Cantor Fitzgerald will meet the growing demand for sophisticated financing solutions, with Copper.co’s lending and collateral management platform providing a complete toolkit for secure and strategic asset handling.”
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About Copper
Since being founded in 2018, Copper.co ("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 in near real-time across multiple exchanges while mitigating counterparty risk and increasing capital efficiency.
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