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04 July 2024
UK
Reporter Klea Neza

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Flow Traders partners with Copper

Flow Traders has collaborated with digital asset custody firm Copper.

Through this collaboration, the companies say, Flow Traders will be fully integrating their exchange trading infrastructure with ClearLoop, utilising Copper’s custodian agnostic OTC settlement network and leveraging multiple platform features to improve connectivity with Copper’s existing institutional client-base.

Michael Lie, global head of Digital Assets at Flow Traders, comments: “Copper’s infrastructure enables us to keep our funds secure off-exchange in a reliable structure, thereby significantly reducing counter-party risk.

“Trust is a recurring macro theme to unlocking broader adoption of both crypto and the underlying innovation in the space; therefore, we are actively leveraging and supporting structures like the one Copper has introduced to continue to improve markets.”

Dmitry Tokarev, CEO at Copper, adds: “We look forward to the collaboration with our partners at Flow Traders.

“This latest integration in our Copper infrastructure will be an additional development in enhancing secure connectivity for investor access to digital assets.”

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