Copper

Copper provides institutional-grade infrastructure for digital assets on Solana, combining sophisticated custody solutions with secure DeFi access through their CopperConnect platform. Their regulated custody solution uses Multi-Party Computation (MPC) technology to secure over $50 billion in monthly trading volume while enabling institutional access to Solana's DeFi ecosystem. As a regulated entity serving 500+ institutional clients, Copper has become a crucial bridge between traditional finance and Solana, offering comprehensive services including custody, trading, settlement, and treasury management.

Bridging Institutions to Solana

Copper has established itself as a vital infrastructure provider enabling institutional participation in the Solana ecosystem. Through their comprehensive suite of services, they address the complex requirements of institutional investors, including security, regulatory compliance, and operational efficiency. Their platform serves a diverse range of institutional clients, from hedge funds and family offices to traditional financial institutions looking to expand into digital assets.

The company's flagship product, CopperConnect, provides a secure gateway for institutions to access Solana's DeFi protocols while maintaining institutional-grade security and regulatory compliance. This innovative solution allows traditional financial institutions to participate in DeFi activities while meeting their strict security and regulatory requirements, effectively bridging the gap between centralized finance and Solana's decentralized ecosystem.

How Copper's Platform Works

Copper's infrastructure is built around several key components that work together to provide secure and efficient access to digital assets. At the core of their system is their proprietary custody solution, which uses Multi-Party Computation (MPC) technology to eliminate single points of failure in private key management. This technology splits private keys into multiple shares, ensuring that no single party ever has access to the complete key.

The platform integrates with major trading venues and DeFi protocols through CopperConnect, allowing institutions to trade and interact with various Solana protocols while maintaining assets under institutional custody. Their settlement network, ClearLoop, enables off-exchange settlement, reducing counterparty risk and improving capital efficiency for institutional traders.

Institutional-Grade Security Features

Security is paramount in Copper's infrastructure, implemented through multiple layers of protection. Their MPC technology provides mathematical guarantees about the security of private keys, while their broader security architecture includes:

The MPC system distributes key shares across multiple secure environments, requiring multiple parties to cooperate for any transaction authorization. This approach eliminates single points of failure and significantly reduces the risk of unauthorized access or key compromise. Additionally, Copper implements robust operational security measures, including multi-level approval processes, real-time transaction monitoring, and sophisticated fraud detection systems.

Accessing Solana DeFi Through CopperConnect

CopperConnect serves as a secure bridge between institutional investors and Solana's DeFi ecosystem. The platform enables institutions to interact with various DeFi protocols while maintaining their assets under institutional custody. This process involves several key steps:

First, institutions deposit their assets into Copper's custody solution, where they are secured using MPC technology. Through CopperConnect's interface, they can then access approved DeFi protocols on Solana, executing transactions while maintaining institutional-grade security and compliance standards. All interactions are monitored and logged for compliance purposes, providing the audit trail required by institutional investors.

The Copper Team

Copper was founded by Dmitry Tokarev, who serves as CEO and brings extensive experience in both traditional finance and technology. The leadership team includes veterans from major financial institutions, technology companies, and regulatory bodies, providing a strong foundation of expertise in both traditional finance and blockchain technology.

The company maintains offices in London, New York, and Singapore, with a global team of over 300 professionals. Their development team includes experienced engineers with backgrounds in cryptography, distributed systems, and financial technology, while their compliance and operations teams bring expertise from traditional financial institutions.

Copper's Roadmap and Future Development

Copper maintains an active development roadmap focused on expanding institutional access to digital assets and DeFi. Their future plans include:

The company is working on expanding their protocol integration network, adding support for more Solana DeFi protocols and enhancing their existing integrations. They are also developing new tools for institutional DeFi participation, including advanced reporting capabilities and risk management features. Additionally, Copper is working on enhanced treasury management solutions specifically designed for institutions operating in the Solana ecosystem.

Security and Compliance Measures

Copper's security infrastructure goes beyond technical measures to include comprehensive operational security and compliance programs. The company holds multiple regulatory licenses and registrations across different jurisdictions, including registration with the UK's Financial Conduct Authority as a crypto asset business.

Their compliance framework includes robust Know Your Customer (KYC) and Anti-Money Laundering (AML) procedures, transaction monitoring, and regular security audits. The platform undergoes regular penetration testing and security assessments by independent third parties to ensure the highest levels of security for institutional assets.

Why Copper Stands Out

Several factors distinguish Copper in the institutional digital asset infrastructure space:

Copper's regulated status and institutional-grade security measures make it a trusted partner for traditional financial institutions entering the digital asset space. Their comprehensive suite of services, from custody to DeFi access, provides a complete solution for institutional participants. Additionally, their focus on compliance and risk management addresses the specific needs of regulated institutions operating in the digital asset space.

Impact on Solana's Institutional Adoption

Copper plays a crucial role in facilitating institutional adoption of Solana by providing the infrastructure and security measures required by traditional financial institutions. Their platform has helped bring significant institutional capital to the Solana ecosystem, contributing to its growth and maturation as a major blockchain platform.

The company's regulated status and institutional-grade security measures have helped establish trust in Solana among traditional financial institutions, while their CopperConnect platform has made it possible for these institutions to participate in Solana's DeFi ecosystem while maintaining their required security and compliance standards.