Mina Ecosystem Adds Copper as an Institutional Custodian for Professional Investors

Twitter icon  •  Published 4 महीने पहले on August 22, 2024  •  Hassan Maishera

The Mina Protocol team announced via X on Wednesday that Copper, a digital asset custody, collateral management, and prime services provider, has enabled custody and staking support for MINA.

Mina Ecosystem Adds Copper as an Institutional Custodian for Professional Investors

The Mina Protocol team announced via X on Wednesday that Copper, a digital asset custody, collateral management, and prime services provider, has enabled custody and staking support for MINA.

The integration expands options for institutional clientele to participate in the Mina community. Institutional users of Copper’s infrastructure benefit from a secure solution for managing their digital assets and a reliable staking service to accrue rewards, encouraging broader adoption of zero-knowledge technology.

Copper uses ClearLoop, a technology that enables clients to manage collateral and settle trades in near real-time across multiple exchanges while mitigating counterparty risk and increasing capital efficiency.

Mina is a layer-1 protocol with a succinct blockchain. The current blockchains like Bitcoin and Ethereum store hundreds of gigabytes of data, and their blockchains will only increase in size over time. MINA is up 5% in the last 24 hours and is trading at $0.4658 at press time. 

 

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Author

Hassan Maishera

Hassan is a Nigeria-based financial content creator that has invested in many different blockchain projects, including Bitcoin, Ether, Stellar Lumens, Cardano, VeChain and Solana. He currently works as a financial markets and cryptocurrency writer and has contributed to a large number of the leading FX, stock and cryptocurrency blogs in the world.