Copper partners with Astro 16 December 2024US Reporter: Clelia Frondaroli
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Copper, a provider of digital asset custody and collateral management, has partnered with Astro, a financial firm with a cross-chain bridge and stablecoin built on an Arweave and aoComputer (AO) ecosystem.
This partnership will see Copper’s multi-party computation (MPC) technology being used to enhance protection for users’ locked assets when bridging into the AO ecosystem through Copper’s infrastructure.
The collaboration will also mean that a secure and robust institutional infrastructure will be brought to the AR and AO ecosystem, with custodial support being offered for tokens built on the AO network, the companies say, enhancing accessibility and adoption for institutional investors.
Roland Daher, CEO at Astro Labs, states: “Astro’s partnership with Copper came together seamlessly as our visions for security and trust align. Copper has been a steadfast supporter of the Arweave ecosystem and is now extending its expertise to the AO network.”
Alex Maslin, business development director at Copper, adds: “Collaborating furthers the ease of access and allows clients to?leverage their Arweave holdings within the AO ecosystem while maintaining the benefits of being integrated into Copper’s custody.”
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