Copper.co and Aptos Foundation Team Up to Drive Integrated Blockchain Growth

Copper.co, a prominent digital asset custodian, partners with the Aptos Foundation to support the growth of Aptos, a separate L1 blockchain emphasizing upgradability, security, and reliability. The collaboration enables custody and staking backing for Aptos, facilitating access to tokens built on its blockchain for Copper customers.

Copper.co and Aptos Foundation Forge Alliance to Drive Growth of Integrated Blockchains

London, United Kingdom - February 23, 2023: Copper.co, a leading provider of digital asset custody solutions, has announced a strategic collaboration with Aptos Foundation to foster the adoption and growth of integrated blockchains. This partnership marks a significant milestone in the digital asset industry, enabling Copper's clients to seamlessly access and manage assets built on the Aptos blockchain.

Aptos is a Layer 1 blockchain specifically designed for scalability, security, and reliability. Its innovative architecture employs a delegated proof-of-stake (DPoS) consensus mechanism known as AptosBFTv4, which enables high transaction throughput while maintaining data integrity.

Under the terms of the agreement, Copper will offer custody and native staking support for Aptos, providing institutional clients with secure and efficient access to the rapidly growing Aptos ecosystem. This integration will allow Copper's clients to benefit from the ease of availability and support for various tokens created on the Aptos blockchain.

Dmitry Tokarev, CEO of Copper.co, expressed his enthusiasm for the partnership with Aptos Foundation. "Our collaboration with Aptos is a testament to our commitment to providing our clients with unparalleled connectivity and seamless interoperability," said Tokarev. "This integration will significantly enhance user exposure to safely custody and trade multiple tokens within the Aptos ecosystem."

Bashar Lazaar, Head of Grants and Ecosystem at Aptos Foundation, emphasized the importance of the alliance in connecting Aptos users to a wider ecosystem of projects. "Our partnership with Copper is a major step towards bridging the gap between Aptos users and ecosystem projects, facilitating custody, trading, and exchange of digital assets," said Lazaar. "This collaboration will unlock a robust DeFi future, empowering users with interoperability and accessibility."

Copper.co, renowned for its expertise in developing the benchmark for institutional digital asset infrastructure, prioritizes the provision of secure custody and collateral management solutions. The company has established a comprehensive suite of products and services tailored to meet the evolving needs of digital asset custody and trading.

Aptos Foundation is dedicated to supporting the development of the Aptos protocol and fostering a decentralized network and ecosystem. Its mission is to extend the transformative benefits of decentralization to a global audience.

This partnership between Copper.co and Aptos Foundation represents a significant advancement in the digital asset industry, unlocking new opportunities for institutional investors and end-users alike. As the digital asset landscape continues to evolve, these collaborations will play a pivotal role in driving innovation and mainstream adoption of decentralized technologies.

About Copper.co

Copper.co is a pioneer and leader in the digital asset custody industry. Founded in 2018, the company provides a comprehensive suite of custody and trading solutions tailored to meet the needs of institutional investors, family offices, and high-net-worth individuals. Copper's mission is to provide clients with secure, state-of-the-art infrastructure to confidently store and trade their digital assets.

About Aptos Foundation

Aptos Foundation is a not-for-profit organization established to support the development and growth of the Aptos blockchain ecosystem. The foundation's mission is to empower the Aptos community, foster innovation, and promote the adoption of Aptos as a leading Layer 1 blockchain solution.

About Aptos

Aptos is a next-generation Layer 1 blockchain designed to address the scalability and security challenges faced by previous blockchain architectures. Its proprietary programming language, Move, is designed to enhance performance, security, and developer productivity.