Copper, a digital asset custody provider, has partnered with staking infrastructure provider Figment to enhance institutional staking options.
Partnership for Secure Staking
The collaboration allows Copper’s institutional clients to stake assets securely while earning rewards across blockchain networks like Ethereum, Solana, and Polkadot. As institutional investors increasingly look at staking as a way to generate passive income, the integration of Figment’s services with Copper’s custody solutions enables asset protection and regulatory compliance.
Figment's Robust Infrastructure
The partnership combines Copper’s multi-party computation-based custody with Figment’s staking expertise, offering clients a secure and regulated staking environment. Figment’s infrastructure is certified by SOC 2 Type II and ISO 27001, ensuring high-security standards. Additionally, risk mitigation measures protect against double signing, downtime, and missed rewards.
Copper's Development and New Opportunities
On Feb. 11, Copper announced the launch of a blockchain-based platform aiming to transform the digital asset lending market by integrating traditional finance. Copper’s financing solution addresses issues such as limited visibility, inflexibility, and slow settlement times.
The collaboration between Copper and Figment strengthens institutional staking capabilities by offering secure and regulated solutions to maximize potential digital asset returns.