Copper and Sui Forge a Strategic Partnership to Reshape Institutional Interactions with Blockchain Ecosystems

Copper, a frontrunner in digital asset services encompassing custody, collateral management, and prime brokerage, has joined forces with Sui, a high-performance Layer 1 blockchain.

Institutions are set to experience a new wave of interaction with blockchain ecosystems, thanks to a groundbreaking partnership between Copper and Sui.

Copper, known for its digital asset services including custody, collateral management, and prime brokerage, has joined hands with Sui, a high-performance Layer 1 blockchain. This partnership will strengthen the stablecoin and Real-World Asset (RWA) foundation of the Sui network, which connects off-chain finance markets to on-chain capabilities.

Unveiling Institutional Potential

This partnership marks a crucial step for the Sui ecosystem, as it gains strong foundational infrastructure with Copper's custody support. This integration will cater to the pressing needs of financial institutions, which require efficient and secure treasury services for their tokenized assets.

With Sui's network being highly attractive to institutional players due to its decentralization, this partnership is expected to drive greater potential for institutional adoption and entrepreneurial financial solutions on blockchain.

Copper and @SuiNetwork are thrilled to announce a strategic partnership to enable robust custody infrastructure and support for network users.

The integration with Sui Foundation includes custody support for L1 and L2, with built-in staking support and DeFi connectivity in… pic.twitter.com/gKW8W2BGNv

Strategic Enhancements and Future Outlook

Highlighting the strategic nature of this alliance, Greg Siourounis, Managing Director of the Sui Foundation, points out its capacity to support the complex infrastructure requirements of institutional entities within the Sui ecosystem.

Copper has also entered into a collaboration with Sui to add their firewall and custodian services for the security of SUI tokens, successfully completing the first phase. Moving forward, integration with staking and decentralized finance (DeFi) applications will also be supported to enhance Copper's offerings on Sui and boost institutional demand for using Sui.

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