Copper
Copper Technologies (Copper Group)
Copper is a provider of custody, collateral management and settlement infrastructure for digital assets aimed at institutional investors, founded in 2018 and headquartered in London with offices in Zug, Abu Dhabi and New York. Its ClearLoop product enables off-exchange settlement to reduce counterparty risk on exchanges, with a network that includes Bybit, OKX, Kraken, Bitfinex and others. The Copper Securities (ME) Limited entity is regulated by ADGM's FSRA (Abu Dhabi, FSP 200039, Cat 3 since 2023). Copper holds client assets in custody.
Data & conditions
| Service type | Stablecoin infrastructure |
|---|---|
| Pricing model | Custom quote |
| Custody model | MPC |
| Customer type | Enterprise, Fintech |
| Fund custody | Custodial (platform holds funds) |
| Supported countries | UK, EEA, MENA, US, APAC |
| Regulator | FSRA (ADGM, Abu Dhabi) |
| Segment | B2B |
| MiCA / License status | ADGM FSRA (Copper Securities (ME) Limited, FSP 200039, Cat 3) |
Strengths
- Institutional custody with MPC technology
- ClearLoop: off-exchange settlement that reduces counterparty risk
- FSRA-regulated entity in ADGM (Abu Dhabi)
- Well capitalized (Series C $196M in 2022) and State Street collaboration
- Global footprint (London, Zug, Abu Dhabi, New York)
- No notable sovereignty advantage documented.
Weaknesses
- Aimed exclusively at institutional clients, not individuals
- Custodial: assets are held by Copper (counterparty risk)
- No public MiCA authorization noted as of the verification date
- Custom pricing, not published
- Custodial: the platform holds your funds and can freeze or lose them.
Verdict
Score 4.2/5, very strong profile. In its favour: institutional custody with MPC technology. The trade-off to weigh: aimed exclusively at institutional clients, not individuals.
On the Sovereignty lens the score is 1.4/5 (weak): the strength is fund control (1.4/5).
Promp's editorial rating based on real fees and net annual cost. Promp reviews third-party products independently.
"Sovereignty" rating: score computed on privacy/anonymity (30%), fund control (20%), censorship resistance (20%), trustless/auditability (20%) and costs (10%). Same data, different weights.
FAQ
Can an individual use Copper?
No. Copper is a custodian and infrastructure provider for institutional investors (funds, exchanges, companies), not a consumer service.
What is ClearLoop?
It is Copper's off-exchange settlement solution: it lets you trade on connected exchanges while keeping assets in custody at Copper, reducing counterparty risk.
Sources
- Official service page ClearLoop Data verified on Jul 17, 2026
- adgm.com Data verified on Jul 17, 2026