According to BlockBeats, Dmitry Tokarev, the founder of crypto custody firm Copper, is establishing a new company named Bron Labs to address the increasing security risks associated with self-managing digital assets. Bron Labs is designed as a self-custody platform aimed at providing additional security for both consumers and professionals. Earlier this year, Bron Labs secured approximately $15 million in funding from investors including LocalGlobe, Fasanara Digital, and GSR.
In related developments, Copper has appointed former Goldman Sachs Managing Director Amar Kuchinad as the new CEO, succeeding Dmitry Tokarev.