Hassan Maishera
HBAR Foundation, the development team behind the Hedera blockchain, announced via X on Tuesday that Copper.co has integrated with the Hedera network to enable institutional access to DeFi and custody of HBAR and Hedera Token Service (HTS) tokens.
Copper.co is a leading digital asset custody, collateral management, and prime services provider. As part of the integration, clients will be able to stake HBAR to validators of their choosing and perform DeFi transactions from Copper’s MPC wallet infrastructure, via API and Copper’s DeFi platform Copper Connect.
Depending on client demand, HBAR will also be available for trading via ClearLoop, Copper’s off-exchange settlement solution which provides secure digital asset custody to institutional clients while mitigating counterparty and insolvency risk.
Hedera Hashgraph is a distributed public ledger infrastructure. According to the team, it offers significant improvements over existing blockchains in five areas: performance, security, governance, stability, and regulatory compliance. HBAR is trading at $0.0540 at press time, up 2.6% over the last 24 hours.
