UK startup Copper begins offering custody for NFTs to meet institutional demand by Ryan Weeks

05/10 12:52

Crypto custodian Copper has quietly started offering custody solutions for non-fungible tokens (NFTs). A Copper spokesperson told The Block that it launched the product last week, allowing customers to deposit, store and withdraw their NFTs just as they would cryptocurrencies — supported by the London-based startup’s multi-party computation (MPC) technology. Initially, Copper will support ERC-721 and ERC-1155 tokens, they added. Alex Ryvkin, Copper’s chief product officer, said the move was driven by demand from institutional clients.
bullishbullishbullish6bearishbearishbearishBearish1Share
DisclaimerThe content above does not represent HTX's positions.HTX does not provide any trading recommendations.

Related Articles

  • Image

    Institutional Shift? Jane Street Turns Toward Ethereum After Reducing Bitcoin ETF Exposure

  • Image

    Here’s An Estimate Of How Much Strategy Would Make On Its Bitcoin Holdings If Price Rises 30% Each Year

  • Image

    Top Coins Gaining Attention as Bitcoin Stalls and Ethereum Slows, With Little Pepe (LILPEPE) Starting To Emerge

All Comments0LatestHot

avatar
LatestHot

Related Articles

  • Image

    Institutional Shift? Jane Street Turns Toward Ethereum After Reducing Bitcoin ETF Exposure

  • Image

    Here’s An Estimate Of How Much Strategy Would Make On Its Bitcoin Holdings If Price Rises 30% Each Year

  • Image

    Top Coins Gaining Attention as Bitcoin Stalls and Ethereum Slows, With Little Pepe (LILPEPE) Starting To Emerge