Copper, a provider of custody and collateral management for digital assets, is partnering with staking infrastructure provider Figment to enhance the agency’s staking options.
With this collaboration, Copper’s institutional clients will bet on their assets safely, earning rewards across multiple blockchain networks, including Ethereum (ETH), Solana (SOL), and Polkadot (DOT).
The move is that institutional investors are looking at staking as a way to generate passive income for crypto holdings while maintaining security and compliance.
By integrating Figment’s staking services with Copper’s custody solution, clients can wager their assets without compromising their asset protection or compliance with regulations.
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A safe staking environment
This partnership combines Copper’s multi-party, computation-based custody with Figment’s staking expertise, providing clients with a safe, regulated staking environment.
Figment’s infrastructure is supported by Soc 2 Type II and ISO 27001 certification, ensuring high security standards. Additionally, risk mitigation measures protect you from double signatures, downtime and missed rewards.
“This collaboration provides a secure staking infrastructure that could potentially earn concrete rewards,” said Ben Lorente, Director of Strategic Alliances at Copper.
Ben Spiegelman, Vice President of Corporate Development at Figment, emphasized that the partnership will provide institutional clients with the “robust infrastructure security measures needed” to join staking with confidence.
On February 11th, Copper announced the launch of a blockchain-based platform aimed at transforming the digital asset lending market by integrating traditional finance. Copper’s fundraising solutions address issues such as limited visibility, flexibility and slow payment times.
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