FalconX and Copper partner to extend ClearLoop off-exchange settlement protections to FalconX clients and proprietary assets

• Copper will provide ClearLoop connectivity to FalconX’s Direct Market Access (DMA) product offering and serve as one of its off-exchange settlement providers.
• This partnership provides FalconX’s institutional clients with safe, secure, and efficient access to leading crypto exchanges while mitigating exchange counterparty risk and increasing capital efficiency.
• This Copper and FalconX collaboration represents a logical extension of Copper’s multi-Prime and multi-custodial efforts.

WEDNESDAY, 13 AUGUST 2025 - Copper today announced a live partnership with FalconX to integrate ClearLoop into FalconX’s Direct Market Access (DMA) product offering both FalconX proprietary assets and those of underlying institutional clients. The integration offers the advanced protections of ClearLoop across ByBit, with Copper’s infrastructure serving as custodian and collateral manager for FalconX’s client and proprietary assets.

ClearLoop now enables FalconX clients to manage collateral and settle trades in near real-time. This partnership underscores the commitment to security, transparency, and efficiency of Copper’s innovative ClearLoop off-exchange settlement functionality, which provides robust protections against exchange insolvency and compromise. ClearLoop is a unique part of Copper Network, providing access to a large network of centralized exchanges where clients can mitigate counterparty risk with trading and settlement whilst simultaneously enhancing capital efficiency. All transactions from trading and settlements to staking, borrowing and lending take place seamlessly from Copper’s secure MPC custody.

FalconX aims to elevate the overall trading experience for institutions by promoting a safer, more efficient, and flexible crypto trading landscape. Through this partnership, FalconX clients gain the ability to access centralized exchange liquidity via ClearLoop and mitigate exchange counterparty and insolvency risk through an institutional-grade interface.

FalconX’s Direct Market Access offers institutional clients a streamlined, secure, and scalable way to access centralized exchange liquidity through a single platform, with up to 5x leverage, unified risk management, and real-time settlement transparency. The combined capital efficiencies of ClearLoop and FalconX give clients the ability to cross-margin over multiple venues extracting value from trades while netting risk across multiple exchanges.

Nello Cafcules, Head of Strategic Partnerships at FalconX commented: “We are excited to partner with Copper to further strengthen our off-exchange settlement infrastructure. Their expertise in secure custody and settlement aligns with our commitment to reducing counterparty risk and building a safer, more capital-efficient market structure for our clients.”

“This integration with FalconX enables institutional clients to access Copper’s ClearLoop network and MPC custody while significantly reducing counterparty risk,” said Adam VandenBoogaard, Head of Revenue – Americas at Copper. “By combining FalconX’s execution and credit infrastructure with our off-exchange settlement network, we’re helping bring the security and capital efficiency of traditional market structure to digital assets.”

This milestone 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 delivering institutional-grade solutions that bridge the gap between traditional finance and crypto.

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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. Copper Network is the institutional gateway to the digital asset ecosystem, offering clients integrated connectivity to hundreds of leading market participants through a single platform. 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.

For more information, please visit: www.copper.co

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

About FalconX

FalconX is a leading digital asset prime brokerage for the world’s top institutions. We provide comprehensive access to global digital asset liquidity and a full range of trading services. Our 24/7 dedicated team for account, operational and trading needs enables investors to navigate markets around the clock.

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