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Barclays snaps up stake in $2bn cryptocurrency firm Copper
source link: https://fintechranking.com/2022/07/25/barclays-snaps-up-stake-in-2bn-cryptocurrency-firm-copper/
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Barclays snaps up stake in $2bn cryptocurrency firm Copper
Barclays is taking a stake in Copper, one of the most prominent names in the fast-evolving cryptocurrency sector, even as the industry continues to be rocked by a swathe of bankruptcies.
The fundraising is expected to be finalised within days.
Copper provides custody, prime broking and settlement services to institutional investors deploying money into crypto assets.
Read more: Sky News
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