Copper is pleased to announce that it has become a member of the Alternative Investment Management Association (AIMA).

AIMA is the global representative of the alternative investment industry with around 2,000 corporate members in over 60 countries.

The organisation draws upon the expertise and diversity of its membership to provide leadership in industry initiatives such as advocacy, policy and regulatory engagement, educational programmes, and sound practice guides.

Copper joins at a time that interest in crypto from traditional hedge funds is on the rise, and the digital asset industry is undisputedly in a rocketship growth phase.

Research from earlier this year found a fifth of hedge funds are currently investing in digital assets, with 86% intending to deploy more capital by the end of the year.

Dmitry Tokarev, CEO at Copper, commented: “Digital assets are no longer a futuristic pipe dream but the underpinnings of a new financial infrastructure. However, this doesn’t mean that cryptoassets don’t present new regulatory challenges. Becoming an AIMA member ensures that Copper remains at the forefront of stakeholder engagement at a time when the digital asset economy is facing unprecedented scrutiny and regulatory uncertainty.”

“As hedge funds continue to build out their crypto capabilities, we look forward to fully engaging with AIMA and member organisations to deliver thought leadership and guidance on the challenges and risks impacting institutional investors in this space.”