Cryptocurrency Fintech News

BitMart and Copper Complete Spot Integration for Off-Exchange Settlement via ClearLoop

BitMart and Copper Complete Spot Integration for Off-Exchange Settlement via ClearLoop

BitMart, a leading global cryptocurrency exchange, and Copper, a leader in digital asset custody, collateral management, and prime services, have announced the completion of their technical integration, enabling institutional clients to access off-exchange settlement through Copper’s ClearLoop network.

This milestone marks the official go-live of a partnership first announced in 2023, when BitMart joined ClearLoop subject to integration. With the spot integration now successfully completed and futures integration underway, BitMart’s institutional clients can now trade on the exchange while assets remain securely held in Copper’s custody—minimizing counterparty risk and enhancing operational efficiency.

“Institutional investors continue to demand safer and more efficient ways to access crypto markets,” said Victor Wei, Vice President of Institutional Clients at BitMart. “Copper’s ClearLoop meets that need, and we’re excited to deepen our partnership as we scale our institutional services.”

Catch more Fintech Insights : How Connectivity Streamlines Cash Operations

“Our collaboration with Bitmart enhances institutional access to fast, secure off-exchange trading and settlement. We’re excited to have completed the technical spot integration with Copper’s ClearLoop network. This marks our continued commitment to shaping a mature digital assets ecosystem.” – Adam Groom, Head of Revenue EMEA & Exchanges

ClearLoop is Copper’s flagship off-exchange settlement infrastructure that enables instant asset delegation, capital efficiency, and real-time settlement without requiring funds to leave secure custody. The platform connects a growing list of centralized exchanges, providing over $50 billion in monthly notional trading volume.

With insolvency protection via a dedicated trust structure and comprehensive collateral arrangements, ClearLoop aims to set a new standard for secure institutional crypto trading.

Read More on Fintech : Reinventing Identity Security in the Age of AI

[To share your insights with us, please write to psen@itechseries.com ]

Related posts

National Merchants Association (NMA) Announces New Sponsor Bank Partnership with Evolve Bank & Trust

Fintech News Desk

PCBB Expands International Wire Capabilities with WireXchange: FX Integration

Fintech News Desk

Experian: Americans Are Maintaining Healthy Credit Profiles During COVID-19 Pandemic

Fintech News Desk
1