Copper US arm becomes FINRA member, SEC-registered broker-dealer

cointelegraphPubblicato 2026-08-13Pubblicato ultima volta 2026-08-13

Introduzione

Digital asset infrastructure provider Copper has established a regulated presence in the US. Its local entity, Copper Markets (US) Inc., has become a broker-dealer registered with the SEC and a member of FINRA, with approval effective August 7. This allows the firm to expand its institutional custody and trading services into the US market. The US arm will offer qualified custody, staking, financing, OTC services, and access to its ClearLoop Network for collateral management. Copper described this move as establishing itself as a "Qualified Custodian" under SEC rules.

Digital asset infrastructure provider Copper has established a regulated presence in the US after its local entity became a broker-dealer registered with the Securities and Exchange Commission (SEC) and a member of the Financial Industry Regulatory Authority (FINRA).

Copper announced Wednesday that Copper Markets (US) Inc. had been accepted as a FINRA member, allowing the firm to expand its institutional custody and trading infrastructure into the US market.

FINRA BrokerCheck records show Copper Markets with an approved SEC registration status dated Aug. 7. The records also identify FINRA as the company’s self-regulatory organization.

Copper said its US arm will offer qualified custody, staking, financing and over-the-counter services, as well as access to its ClearLoop Network, which allows institutions to pledge and move crypto and tokenized assets as collateral between counterparties.

The company described the expansion as establishing its US presence as a “Qualified Custodian.” Under SEC rules, registered broker-dealers that hold client assets in customer accounts can qualify as custodians.

Related: Bitcoiners turn to dice throws as self-custody setups are re-evaluated

Domande pertinenti

QWhat regulatory milestone did Copper achieve in the United States recently?

ACopper's local US entity, Copper Markets (US) Inc., became a registered broker-dealer with the U.S. Securities and Exchange Commission (SEC) and a member of the Financial Industry Regulatory Authority (FINRA).

QWhat are the core services that Copper's US arm plans to offer?

ACopper's US arm plans to offer qualified custody, staking, financing, over-the-counter (OTC) services, and access to its ClearLoop Network for managing crypto and tokenized assets as collateral.

QAccording to the article, what does becoming a FINRA member allow Copper to do?

ABecoming a FINRA member allows Copper to expand its institutional custody and trading infrastructure into the U.S. market.

QHow does the article describe Copper's established presence in the US market?

AThe article describes Copper's expansion as establishing its US presence as a "Qualified Custodian."

QWhat is the function of Copper's ClearLoop Network as mentioned in the text?

AThe ClearLoop Network allows institutions to pledge and move cryptocurrency and tokenized assets as collateral between counterparties.

Letture associate

Musk Breaks into Copilot's Home Turf, Grok Bot Takes Over Microsoft Accounts, Working While You Sleep

Musk's xAI has significantly upgraded its Grok Bot, enabling it to directly access and perform actions within users' Microsoft accounts via new plugins for Outlook, Calendar, and OneDrive. This allows the AI to autonomously manage emails, schedule meetings, and handle files—functioning as a 24/7 AI employee that operates even when the user's device is off. While the underlying connector permissions for Microsoft services existed since May, the key change lies in Grok Bot's new architecture: it now runs persistently on a cloud-based computer, shifting from a reactive chat tool to a proactive, autonomous agent. The update puts Grok Bot in direct competition with Microsoft's own Copilot and similar offerings from Anthropic, though access to OneDrive is currently limited to business/enterprise plans. Notably, Microsoft hasn't specially facilitated this integration; Grok Bot uses standard third-party OAuth authorization, meaning users grant permission themselves. In contrast, Google employs stricter measures to block automated logins, though xAI's official connectors for Google services remain listed. The article highlights that Grok Bot is designed with user oversight in mind. It requires approval before sending emails or making significant changes, keeping the user in control. As AI assistants increasingly integrate into core productivity platforms, the piece concludes by emphasizing the importance for users to understand the permissions they grant, as these tools become default fixtures in daily workflows.

marsbit26 min fa

Musk Breaks into Copilot's Home Turf, Grok Bot Takes Over Microsoft Accounts, Working While You Sleep

marsbit26 min fa

Pre-market Report for September 7th: Storage Stocks Jump Up to 11.9%, KLA Corporation (KLAC) Rises 7.32% Alongside. Friday's CPI: Can the Core Hold?

Pre-Market Report Summary, September 7: Storage and equipment stocks were standout gainers on September 4, driven by sector-specific fund rotation, while broader indexes fell on rising rate expectations ahead of Friday's key CPI data. Market Recap: Major U.S. indices mostly declined on September 4 despite strong August job numbers (162K new jobs vs. 55K expected). The robust data pushed 2-year Treasury yields to a one-year high, increasing market expectations for a September rate hike. This raised the discount rate, weighing on long-duration tech stocks. The Russell 2000 rose 0.25%, while the Dow (-0.51%), S&P 500 (-0.38%), and Nasdaq Composite (-0.29%) fell. Top Performer: KLA Corp (KLAC) surged 7.32% to $185.60, adding $16.5B in market cap. Its five-dimensional score showed a perfect 100 for peer ranking, but only 44 for "trend position," indicating it's rallying from the lower half of its 52-week range ($90.67-$307.37). Volume was in line with its 30-day average, suggesting repositioning, not a volume-driven breakout. Sector Rotation: Gains were concentrated upstream in the semiconductor supply chain. Storage stocks (e.g., Micron/MU +6.10%, SanDisk +11.9%) led the move, with funds flowing to equipment makers like KLA and Lam Research (LRCX +5.12%). Downstream players (e.g., HPE -4.48%, Synopsys/SNPS -5.40%) declined, highlighting a chain-internal rotation, not broad buying. Nvidia (NVDA +0.84%) saw muted gains due to its already high price level. Key Insight: KLA's move was not driven by company-specific news but by expectations of future orders from storage expansion. Similarly, Constellation Energy (CEG +4.88%) rose on the theme of "locking in future output" via long-term contracts. Earnings Spotlight: In retail, Lululemon (LULU) plunged 17.4% despite beating quarterly profit estimates because it slashed full-year EPS guidance. Conversely, Abercrombie & Fitch (ANF) gained 4.3% after raising its annual EPS outlook. This underscores that stock prices react more to future guidance than past quarterly results. Week Ahead - CPI Focus: All eyes are on the August CPI report due Friday, the last major inflation data before the September 16 Fed meeting. July's readings were: Headline CPI +3.4%, Core CPI +2.5%. The key driver for the headline figure was energy (gasoline +24.6%), while core inflation is largely dictated by housing (+3.2%). The core reading's ability to hold at or below 2.5% will be critical for interest rate expectations and asset pricing.

marsbit27 min fa

Pre-market Report for September 7th: Storage Stocks Jump Up to 11.9%, KLA Corporation (KLAC) Rises 7.32% Alongside. Friday's CPI: Can the Core Hold?

marsbit27 min fa

First-Half Net Profit Skyrockets by 71,528.66%, Billion-Dollar Shenzhen Memory Chip Firm Lists on Hong Kong Stock Exchange

The Shenzhen-based independent semiconductor memory manufacturer Longsys successfully listed on the Hong Kong Stock Exchange on September 8th. Longsys, founded in 1999, is a major independent memory player, ranking third in China and ninth globally by 2025 revenue. The company's Hong Kong IPO raised approximately HKD 60.2 billion (RMB 51.6 billion). Financially, Longsys has shown remarkable recent growth, particularly in the first half of 2026, with unaudited revenue reaching RMB 240.88 billion (up 136.3% year-on-year) and net profit soaring to RMB 105.77 billion (a staggering 71,528.66% increase). This dramatic turnaround from a 2023 net loss is attributed to a strong industry recovery driven by surging AI infrastructure investment, leading to product shortages and price increases. Gross margins have significantly improved, reaching 58.2% in H1 2026. The company operates several product lines—embedded storage solutions, SSDs, portable storage, and memory modules—serving consumer, enterprise, and industrial-grade markets with brands like FORESEE, Zilia, and Lexar. Key clients include Dell, Lenovo, OPPO, and Xiaomi. Longsys has developed significant in-house capabilities, having commercially launched six self-designed controller chips (over 250 million units produced) and nine SLC NAND Flash memory chips (over 200 million units produced). Its revenue is primarily international, with 69.9% coming from outside mainland China in the first four months of 2026. The company is led by co-founders and siblings Cai Huabo (Chairman and CEO) and Cai Lijiang, who together hold approximately 38.79% of the voting rights. Longsys previously listed on the Shenzhen Stock Exchange in August 2022. The global memory market is entering a new growth cycle fueled by AI, which drives demand for high-capacity, high-performance storage in both cloud data centers and edge devices like AI PCs and smartphones, positioning memory manufacturers like Longsys for continued expansion.

marsbit30 min fa

First-Half Net Profit Skyrockets by 71,528.66%, Billion-Dollar Shenzhen Memory Chip Firm Lists on Hong Kong Stock Exchange

marsbit30 min fa

Anthropic Labs Revealed: 20-Person Squad, Two-Week Go/No-Go Decisions, Allowing 80% of Ideas to Fail

Anthropic Labs, a small internal team of around 20 people, operates like a startup incubator to rapidly prototype and test new AI product ideas. Led by co-founder Ben Mann, the team works in two-week cycles to evaluate product prototypes, advancing, pivoting, or terminating projects based on their potential. Mann estimates only 20-30% of ideas succeed as standalone products, with the team embracing a high failure rate to focus resources on the most promising directions. Key to Labs' process is its close collaboration with research teams, allowing product developers to anticipate upcoming model capabilities. This early insight led to the creation of successful products like Claude Code—a programming tool conceived after researchers signaled advances in AI agent coding—as well as the Model Context Protocol (MCP) and Claude Design. Once a project team grows beyond four members, it "graduates" from Labs to become an independent product team, keeping the core group small and agile. This mechanism supports bidirectional feedback: product exploration reveals gaps in model capabilities, guiding further research. As Anthropic advances toward commercialization and a potential IPO, Labs faces the challenge of balancing its role as both a platform provider and a builder of potentially competing applications (e.g., Claude Design vs. established design software). Looking ahead, Mann envisions Labs tackling complex real-world problems in areas like biomedical research and clean energy, continuing its mission to expand AI's "action space" by identifying and validating the next valuable tasks for powerful models.

marsbit31 min fa

Anthropic Labs Revealed: 20-Person Squad, Two-Week Go/No-Go Decisions, Allowing 80% of Ideas to Fail

marsbit31 min fa

Trading

Spot
活动图片