Copper Teams Up with Figment for Secure Crypto Staking
Copper, a digital asset custody and collateral management firm, has joined forces with Figment, a staking infrastructure provider. This partnership aims to offer institutional investors better staking options.
Together, they enable Copper’s clients to stake assets like Ethereum (ETH), Solana (SOL), and Polkadot (DOT) securely. Staking lets investors earn rewards on their crypto holdings without selling them. This is becoming popular among institutional investors seeking passive income.
The collaboration integrates Figment’s staking services with Copper’s custody solutions. This ensures clients can stake assets while keeping them safe and compliant with regulations.
- Figment’s infrastructure meets high security standards with SOC 2 Type II and ISO 27001 certifications.
- Risk mitigation measures protect against issues like double signing and downtime.
Ben Lorente, Copper’s Strategic Alliances Director, said, “This partnership offers a secure staking setup with real rewards.” Ben Spiegelman, Figment’s VP of Corporate Progress, added that it gives clients the security they need for confident staking.
On February 11, Copper also launched a blockchain-based platform. this platform aims to improve the digital asset lending market by integrating traditional finance. It tackles problems like limited visibility and slow settlement times.
