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LTP and Copper Forge Strategic Partnership

LTP and Copper forge strategic partnership to provide comprehensive and secure prime services solutions for digital assets

Copper

25.09.2023

LTP, a prominent leader in the digital asset prime brokerage industry, and Copper.co, a pioneer in institutional digital asset solutions, are delighted to announce their strategic partnership – an alliance that is reshaping the landscape of digital asset services.  Notably, this collaboration marks a momentous step forward for LTP. Through Copper’s secure infrastructure, LTP’s institutional investors gain enhanced market access and can seamlessly store their assets while accessing a wide range of services, including trading, custody, and collateral management.  

LTP will also be integrating with Copper’s core offering, namely ClearLoop – an innovative off-exchange collateral management and settlement solution that mitigates counterparty risk and enhances capital efficiency. LTP’s institutional investors stand to benefit considerably from ClearLoop’s near real-time delegation across multiple exchanges, resulting in a smoother trading experience.  Moreover, ClearLoop’s bankruptcy remote legal trust structure adds an extra layer of protection for client assets.

Together, LTP and Copper.co are ushering in a new era of improved security and accessibility to the world of digital assets.

Maximising Benefits for LTP Users  

  1. Mitigated Exchange Counterparty Risk: ClearLoop effectively mitigates exchange counterparty risk by safeguarding client assets within Copper’s infrastructure and wrapped under a dedicated trust. In the event of exchange insolvency, client assets remain secure and unaffected. 
  2. Off-Exchange Settlement: ClearLoop promotes capital efficiency, facilitating seamless off-exchange settlement of trades. This empowers LTP users to bypass various fees and delays often associated with trade settlements on exchanges.  
  3. Bankruptcy Remote: The ClearLoop trust structure ensures that assets held within the omnibus account are bankruptcy remote. In the event of insolvency, these assets are kept safe.  

Speaking about the partnership, Jack Yang, Founder and CEO at LTP, expressed with enthusiasm: 

"The collaboration with Copper.co allows us to offer a comprehensive and highly secure prime brokerage solution. ClearLoop stands as a state-of-the-art off-exchange settlement solution, instilling our clients with confidence that their assets are in a well-protected environment. Through the fusion of LTP's liquidity solutions with Copper.co's ClearLoop, we are forging a unified ecosystem that enhances liquidity, reinforces security, and delivers seamless trading experiences that greatly benefit our valued users."  

Dmitry Tokarev, CEO at Copper said:  

"We're thrilled to partner with LTP, integrating ClearLoop’s off-exchange settlement with LTP's leading trading infrastructure. This collaboration reinforces Copper's dedication to enhancing transparency, capital efficiency, and accessibility in the market, reinforcing our reputation as a trusted ally for institutional investors in the digital asset space."

About LTP:  

LTP is a leading prime broker for sophisticated investors in the digital asset space. With extensive optimised infrastructure and crypto-native experience, LTP offers a comprehensive suite of professional services that allow traders to efficiently access the breadth of CeFi and DeFi liquidity in a manner that is fast, low-cost, and secure. 

For more information or to trial LTP's services, please visit www.liquiditytech.com or contact BD@liquiditytech.com 

LinkedIn: LTP  

Twitter: @LTP_primebroker 

Telegram Channel:LTP Official Updates  

About Copper:  

Since being founded in 2018, Copper, a SOC2 Type 2 certified company with a registration in Switzerland, has been setting the standard for institutional digital assets by offering custody and collateral management of digital assets. Underpinned by multi-award-winning technology, Copper has built the comprehensive and secure products and services required to safely custody and trade cryptocurrencies and other digital assets such as tokens and stablecoins. At the core of Copper’s infrastructure is ClearLoop, which enables clients to trade and settle in near real time across multiple exchanges, while mitigating counterparty risk and increasing capital efficiency.    

LinkedIn: Copper.co 

Twitter: @CopperHQ

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