Copper, a key player focused on digital asset custody, collateral management, and prime services, is pleased to announce a strategic partnership with Yuma, a validator with siloed architecture designed for institutional participation, to offer institutional investors staking services with robust digital asset protection.
Through the partnership, institutional clients can “stake TAO directly on the Copper platform.”
Integrating Yuma with Copper’s MPC technology and settlement infrastructure ensures “enhanced accessibility to staking rewards whilst providing advanced security.”
Ben Lorente, Strategic Alliances Director at Copper added:
“We’re excited to facilitate institutional investor participation in the TAO ecosystem by partnering with external validator Yuma.”
Evan Malanga, Chief Revenue Officer, Yuma commented:
“We built Yuma’s validator to meet the standards of partners like Copper, with secure infrastructure grounded in long-term integrity. This partnership gives institutions a way to stake TAO with a reputable custodian such as Copper.”
As clarified in the update, staking is “not available in the United Kingdom through Copper.”
As mentioned in the announcement, Yuma’s validator is “designed for institutional participation, with siloed architecture, 24/7 uptime and active monitoring.”
Yuma, a DCG company, delivers infrastructure that aims to “set the benchmark for security, reliability, and performance across the Bittensor network.”
Since being founded in 2018, Copper.co has been “building the standard for institutional digital asset infrastructure with a focus on custody and collateral management.”
Underpinned by innovative technology, Copper has reportedly built a comprehensive and secure “suite of products and services required to safely custody and trade digital assets.”
At the core of Copper’s infrastructure is ClearLoop, which enables clients to manage “collateral and settle trades across multiple exchanges, while mitigating counterparty risk and increasing capital efficiency.”
As reported recently, Copper, a firm focused on digital asset custody, collateral management, and prime services, announces expanded support for Stacks (STX) and sBTC, the synthetic Bitcoin-backed protocol, rolled out across its secure custody and settlement infrastructure.