Copper.co has announced the launch of its agency lending platform for digital assets, which will integrate blockchain technology with traditional finance. The platform aims to transform the digital asset lending market by addressing current challenges in DeFi and TradFi.
Objectives of the New Platform
Copper.co's blockchain-based platform is designed to address challenges that have led to significant collapses in DeFi and TradFi. It offers solutions for issues such as limited visibility, inflexibility, and slow settlement times. The platform also enhances efficiency and transparency—key metrics for lending models.
Features and Benefits
The platform features fast loan execution, overcollateralized loans that combine yield generation with secure recovery, and real-time visibility. Customers can access these functionalities through an on-platform dashboard. A customized risk framework will ensure position safety in case of a loan-to-value breach.
Partnerships and Future Plans
Copper recently announced that it will provide secure custody solutions for CSE-listed digital asset provider Fineqia. The partnership makes Copper the custody provider for Fineqia’s exchange-traded note business, enhancing Fineqia's ability to offer reliable and transparent investment products.
The launch of Copper.co's new platform promises to transform the digital asset lending market by combining the benefits of blockchain and traditional finance. It is set to address various existing challenges and create a more transparent and efficient lending process.
