Copper launches in Liechtenstein with TVTG registration
This strategic move comes after securing a registration under the Token and TT Service Provider Act (TVTG, “Blockchain Act”) from the Financial Market Authority (FMA) of Liechtenstein.
December 2024 - Copper, a leading provider of institutional digital asset infrastructure, is proud to announce its expansion into Liechtenstein with the launch of its custody services. This strategic move comes after securing a registration under the Token and TT Service Provider Act (TVTG, “Blockchain Act”) from the Financial Market Authority (FMA) of Liechtenstein.
Copper leverages blockchain technology to serve institutional investors in the Liechtenstein market with its state-of-the-art custody solution for digital assets. This expansion aligns with Liechtenstein's progressive approach to digital assets and blockchain technology, as exemplified by the implementation of the Blockchain Act in 2020.
Copper's custody service will enable institutional investors to securely store and manage their digital assets.
By obtaining the TVTG registration, Copper demonstrates its commitment to regulatory compliance and its ability to meet the stringent requirements set by the FMA. This milestone positions Copper as a trusted partner for institutions seeking to engage with digital assets in a secure and regulated environment.
Amar Kuchinad, Group CEO of Copper, commented on the expansion: "We are thrilled to bring Copper's institutional-grade custody solution to Liechtenstein. This launch represents a significant step in our mission to bridge the gap between traditional finance and the digital asset ecosystem. Liechtenstein's forward-thinking regulatory framework aligns perfectly with our vision for the future of finance."
Copper will continue to work closely with the FMA and other relevant authorities in Liechtenstein to ensure ongoing compliance and to contribute to the growth of the digital asset industry in the principality.
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About Copper
Founded in 2018, Copper has established itself as a leader in institutional digital asset infrastructure, focusing on custody and collateral management. Its comprehensive suite of products and services enables institutions to safely custody and trade digital assets. The Copper group’s flagship product, ClearLoop, allows institutional clients to manage collateral and settle trades in near real-time across multiple exchanges, mitigating counterparty risk and increasing capital efficiency. Copper's battle-tested infrastructure serves hundreds of institutional investors globally, safeguarding billions of dollars in digital assets. The company's commitment to security, innovation, and regulatory compliance has made it a trusted partner for institutions entering the digital asset space.
Copper Markets (Liechtenstein) AG
Dr. Grass-Strasse 12
9490 Vaduz
Company Registration Number: FL-0002.728.224-9