March 25, 2024 - Copper.co, one of the industry’s leading digital asset custodians, is happy to announce further growth of integrated blockchains with a new Aptos Foundation partnership.
The integration will include custody and built-in staking support for Aptos, an independent L1 blockchain platform designed around the core tenets of scalability, safety, reliability, and upgradeability within a decentralized network and developer ecosystem.
Aptos is a Delegated-Proof-of-Stake (DPoS) L1 that uses the AptosBFTv4 consensus protocol. As part of the collaboration, the introduction of Aptos on the Copper platform will allow Copper clients to benefit from seamless access to a wide range of tokens built on the Aptos blockchain.
Dmitry Tokarev, CEO at Copper.co commented, “Our alliance with Aptos Foundation is a further stepping stone in amplifying Copper’s commitment to provide our clients with greater accessibility and seamless transitions. This integration is set to enhance user experience when it comes to being able to safely custody and trade an array of tokens in the Aptos ecosystem contributing to the broader growth of connectivity in the adoption of Web3.”
Bashar Lazaar, Head of Grants & Ecosystem at Aptos Foundation said, “Our new partnership with Copper is a key element of a larger push to connect Aptos users with ecosystem projects enabling the custody, trading, and sharing of digital assets. We see this as a crucial step toward a DeFi future that benefits from interoperability and accessibility on the user side and institutional trust and interest from established market leaders like Copper’s global clients.”
For media inquiries, please contact:
Copper.co: tom.teodorczuk@h-advisors.global
Aptos Foundation: brian@hirschleatherwood.com
About Copper
Since being founded in 2018, 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.
About Aptos Foundation
Aptos Foundation is dedicated to supporting the development of the Aptos protocol, decentralised network and ecosystem and driving engagement with the Aptos ecosystem. By unlocking a blockchain with seamless usability, Aptos Foundation aims to bring the benefits of decentralisation to the masses.
About Aptos Network
Aptos is a next-generation Layer 1 blockchain. Aptos’ breakthrough technology and programming language, Move, are designed to evolve, improve performance and strengthen user safeguards. Please visit https://www.aptosfoundation.org for more information on the Aptos blockchain.
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