Copper expands into US with regulated crypto custody and trading services

Digital asset infrastructure provider Copper has established a regulated US presence after Copper Markets (US) Inc. became an SEC-registered broker-dealer and a member of the Financial Industry Regulatory Authority, opening a route for the company to provide institutional custody and trading services in the country. Summary Copper Markets (US) has become an SEC registered broker dealer and FINRA member. The US arm will offer qualified custody, staking, financing and OTC services to institutional clients. Clients will also gain access to Copper’s ClearLoop Network for managing crypto and tokenized assets as collateral. Copper said the approval establishes its US presence as a qualified custodian. According to Copper’s Wednesday announcement, its US subsidiary has been accepted as a FINRA member, giving the company a regulated entity through which it can bring its custody, collateral and trading infrastructure to institutional clients in the United States. FINRA records also identify personnel registered with Copper Markets (US), including staff working across finance, compliance, operations and revenue functions. The company said the approval allows its US business to operate as a b...