Copper.co, a provider of digital asset custody, collateral management, and prime services, announced a series of updates that underscore its commitment to innovation and growth in the digital assets space.
These developments include the appointment of a new Chief Operating Officer (COO), expanded support for tokenized U.S. Treasuries, and a partnership to enhance staking services for institutional investors.
Together, these moves position Copper.co as a key player in bridging traditional finance and decentralized ecosystems.
In a significant leadership transition, Copper.co has appointed Rosie Murphy-Williams as its new Chief Operating Officer, effective immediately.
Murphy-Williams brings a wealth of experience from her tenure at prominent financial institutions, including Goldman Sachs and Morgan Stanley, where she honed her expertise in operational strategy and risk management.
Her appointment signals Copper.co’s intent to strengthen its operational framework as it scales its services to meet growing institutional demand for digital assets.
As COO, Murphy-Williams will oversee Copper.co’s global operations, focusing on enhancing efficiency, compliance, and client service delivery.
Her role is pivotal in ensuring that the company’s infrastructure remains robust amid increasing regulatory scrutiny and market complexity.
Her leadership is expected to drive Copper.co’s operational resilience, particularly as institutional adoption of cryptocurrencies and tokenized assets accelerates.
Copper.co has also broadened its product offerings by adding support for Ondo Finance’s tokenized U.S. Treasuries fund tokens, specifically the Ondo Short-Term U.S. Government Treasuries (OUSG) token.
This move aligns with the growing trend of tokenizing real-world assets (RWAs), which allows investors to access traditional financial instruments like bonds and treasuries on blockchain platforms.
The tokenized treasury market, now valued at over $7.2 billion, has seen significant growth, with Ondo’s OUSG token ranking among the largest offerings.
By integrating OUSG into its custody and trading platform, Copper.co enables institutional clients to seamlessly manage these assets alongside cryptocurrencies, offering a low-risk yield option independent of volatile crypto markets.
This development caters to investors seeking to park idle cash in blockchain-based cash management tools without leaving decentralized ecosystems.
Copper.co’s support for OUSG reflects its focus on bridging traditional finance with decentralized finance (DeFi), providing clients with diversified investment opportunities in a secure environment.
Further solidifying its position in the digital asset infrastructure space, Copper.co has partnered with Everstake, a staking service provider, to deliver secure and decentralized staking solutions for institutional investors.
Announced earlier this year, this collaboration integrates Everstake’s robust staking network with Copper’s industry-leading multi-party computation (MPC) custody technology, enabling clients to stake assets like ETH, SOL, ADA, NEAR, and ATOM directly on Copper’s platform.
Staking, a process where token holders lock up assets to support blockchain network operations in exchange for rewards, is increasingly popular among institutional investors.
However, concerns about centralization risks—cited by 78.4% of institutional investors—have underscored the need for secure and decentralized staking solutions.
The Copper-Everstake partnership addresses these challenges by combining Everstake’s 99% uptime and decentralized infrastructure with Copper’s secure custody and settlement capabilities.
This ensures clients can earn staking rewards while maintaining high security and supporting network decentralization in Proof-of-Stake (PoS) ecosystems.
These updates collectively highlight Copper.co’s strategic vision to cater to the evolving needs of institutional investors in the digital asset market.
The appointment of Rosie Murphy-Williams as COO brings seasoned leadership to navigate operational complexities, while the integration of Ondo Finance’s OUSG tokens and the partnership with Everstake expand Copper’s product suite, offering clients diversified and secure investment options.
As the digital asset industry matures, Copper.co’s focus on robust infrastructure, regulatory compliance, and innovative partnerships positions it to capitalize on the growing convergence of traditional and decentralized finance.
With these strategic moves, Copper.co is not only reinforcing its role as a trusted custodian but also paving the way for broader adoption of digital assets.
As tokenized assets and staking gain traction, Copper.co’s proactive approach ensures it remains at the forefront of the industry, delivering value to clients in an increasingly interconnected financial landscape.