A leading cryptocurrency derivative exchange and copy trading platform, Bitget, has seamlessly merged with Copper’s ClearLoop network, with the objective of enhancing security measures for digital assets.
According to the announcement, the integration of Bitget with Copper’s ClearLoop network will provide institutional clients an off-exchange trading and settlement solution. This collaboration also seeks to enhance digital asset security, mitigate counterparty risks, and optimize capital efficiency.
As a result of this collaboration, the institutional clients of Bitget Exchange can leverage to securely hold their cryptocurrencies within Copper’s MPC (multi-party computation) wallet. This setup facilitates trading and settlement across various exchanges linked through ClearLoop.
Bitget remains dedicated to continuously improving its services, striving to create a versatile and user-friendly trading platform that caters to diverse user segments. This commitment aims to drive greater cryptocurrency adoption and facilitate more intelligent trading methods.
Gracy Chen, Managing Director of Bitget, highlighted the company’s unwavering commitment to delivering exceptional services to its varied clientele through its partnership with Copper. Chen states that Bitget noticed “the growing demand for enhanced asset security and efficient trading solutions. Institutional clients can now benefit from this cutting-edge solution.”
Dmitry Tokarev, Copper’s CEO, provided his insights on the integration, emphasizing that the collaboration with Bitget aligns with their mutual emphasis on asset security and the establishment of industry benchmarks. This partnership further “enhances off-exchange settlement for institutional clients.”
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