Digital asset infrastructure provider, Copper, announced today a new partnership with NEM Group, the pioneering global blockchain development company, and an immediate listing of its native XEM token on the Copper platform.

The agreement brings together two influential companies serving the blockchain and cryptoasset sectors: NEM has delivered a number of major innovations in the blockchain industry, such as its breakthrough hashing algorithm, Proof-of-Importance (PoI). Now, members of the crypto ecosystem await NEM’s forthcoming Symbol blockchain project, which will deliver greater security, scalability, and faster transaction speeds to the business sector.

Since its inception in 2018, Copper has been a global leader in securely connecting institutional investors to digital assets. All cryptoassets supported by Copper are secured with award-winning multi-party computation (MPC) wallets, and its clients are covered by a full crypto crime insurance policy, provided by A+ rated insurers and tailor made for digital assets.

Dmitry Tokarev, CEO at Copper, commented: “Not only is NEM is one of the early innovators in blockchain, but it continues to be a global leader in redefining this industry. As such, it’s a great privilege to be extending Copper’s ironclad security and custodial services to support their spearheading team in the delivery and growth of the next-generation Symbol blockchain.”

Iain Wilson, CFO at NEM, commented: “It’s great to partner with a leader in institutional infrastructure like Copper. Their products are genuinely innovative in the digital asset space and help NEM build a deeper and richer ecosystem.”