CoinVoice has learned that, according to Crowdfund Insider, Coinbase International has announced a strategic partnership with digital asset infrastructure provider Copper to integrate Copper's ClearLoop network into the Coinbase platform. This collaboration will provide institutional clients with over-the-counter settlement and collateral management services, significantly reducing counterparty risk and improving capital efficiency.
With Copper's Multi-Party Computation (MPC) technology, clients can securely store digital assets while enjoying near real-time transaction settlement without needing to directly store assets on the exchange. The ClearLoop network supports instant asset allocation, reduces network fees, and allows for flexible adjustments to collateral management strategies based on market changes.
Ethena has joined this project as one of the first partners. This collaboration marks a significant upgrade to the infrastructure of the digital asset industry, providing a safer and more efficient solution for institutional investors to participate in the digital asset market. [Original link]