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Copper

  • What it is:Copper is a digital asset technology company providing custody, trading, settlement, and prime services for institutional investors to safely acquire, trade, and store cryptoassets.
  • Best for:Web3 treasury teams (10-100 members), Crypto funds and DAOs, Institutions entering DeFi
  • Pricing:Free tier available, paid plans from $29/month
  • Rating:88/100Very Good
  • Expert's conclusion:While Copper is ideal as an institutional multi-sig custodial solution for many institutions, it may be overkill for most retail users.
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Reviewed byMaxim Manylov·Web3 Engineer & Serial Founder

What Is Copper and What Does It Do?

Copper is a digital asset technology company focused on offering institutional-grade custody, trading, settlement, and prime brokerage services for cryptocurrencies. Copper was founded in 2018 as a safe means of acquiring, storing, and trading digital assets utilizing multi-party computation (MPC) technology for institutional investors. Copper offers its services to hedge fund operators, exchanges, asset managers, and other financial institutions by reducing counterparty risk while ensuring regulatory compliance.

Active
📍London, United Kingdom
📅Founded 2018
🏢Private
TARGET SEGMENTS
Institutional InvestorsHedge FundsExchangesAsset ManagersFinancial Institutions

What Are Copper's Key Business Metrics?

📊
$791M
Total Funding
📊
$2B
Valuation
🏢
201-500
Employees
📊
Global
Countries Served
📊
Institutional investors (hedge funds, exchanges, asset managers)
Clients
Regulated By
Industry-leading security certifications(Global)A+ rated insurance coverage

How Credible and Trustworthy Is Copper?

88/100
Excellent

Copper has built significant credibility via substantial funding from venture capital firms, an institutional-focused business model, highly advanced MPC security technology, and established relationships with major players in the financial sector. These factors make Copper a trusted digital asset custodian.

BREAKDOWN
Product Maturity85/100
Company Stability92/100
Security & Compliance95/100
User Reviews75/100
Transparency82/100
Support Quality85/100
TRUST SIGNALS
MPC-based multi-sig custody$791M total funding from top VCsClearLoop trading frameworkA+ rated insurance coverageUnicorn valuation ($2B)

What is the history of Copper and its key milestones?

2018

Company Founded

Founded by Dmitry Tokarev in London as a cryptocurrency custody service for institutional investors.

2019

Seed Funding

Completed an $8 million seed round led by LocalGlobe to develop the foundational custody infrastructure.

2020

Series A Funding & ClearLoop Launch

Completed a $30 million Series A round led by Dawn Capital; released the ClearLoop framework to support secure off-exchange trading.

2021

Series B Funding

Completed a $196 million Series B round led by Tiger Global Management to facilitate global growth.

2022

Series C Funding & Unicorn Status

Completed a $557 million Series C round led by Tiger Global; achieved $2 billion valuation and became a unicorn.

2021

Strategic Partnership

Partnered with BIT Crypto Exchange to provide integration of the ClearLoop for secure institutional trading.

What Are the Key Features of Copper?

📊
ClearLoop Trading Framework
Enables secure off-exchange trading and real-time settlement among multiple crypto exchanges without transferring the assets from custody.
✨
MPC Multi-Signature Custody
Proprietary Multi-Party Computation technology for institutional-grade secure key management and self-custody.
✨
Client-Controlled Custody
Allows institutions to have full control of their assets while utilizing Copper's infrastructure for trading and settlement.
✨
Prime Brokerage Services
Offers a comprehensive suite of services including custody, trading, collateral management, and portfolio solutions for hedge funds and asset managers.
💰
Secure Wallet Architecture
Can be utilized as a standalone application, mobile app, or browser extension for smart contract signing.
✨
Exchange Connectivity
Provides direct integration with tier-1 crypto exchanges for the most efficient institutional trading.

What Technology Stack and Infrastructure Does Copper Use?

Infrastructure

Segregated custodian accounts with cold storage

Technologies

Multi-Party Computation (MPC)JavaScriptHTML

Integrations

Crypto Exchanges (e.g., BIT)Centralized ExchangesSmart Contracts

AI/ML Capabilities

No AI/ML capabilities mentioned; focus on MPC cryptography and blockchain security infrastructure

Based on company profiles, blog posts, and technical descriptions from search results

What Are the Best Use Cases for Copper?

Institutional Hedge Funds
Copper's ability to provide secure custody and prime brokerage through ClearLoop allows its users to trade efficiently without being exposed to the risk that a counterparty will fail to honor an obligation
Crypto Exchanges
The integration of off-exchange settlement into Copper’s platform will minimize operational risks and maintain asset security.
Asset Managers
MPC Custody and Collateral Management in Copper supports a compliant portfolio management process of Digital Assets.
NOT FORRetail Investors
Not Suitable – Services are available to Institutional Clients only, with High Minimum Investment Requirements and Compliance Requirements.
NOT FORHigh-Frequency Traders
May Not Meet Ultra-Low Latency Needs – Although Copper does have Exchange Connectivity, it may not meet all of your ultra-low latency needs.

How Much Does Copper Cost and What Plans Are Available?

Pricing information with service tiers, costs, and details
☐Service$CostℹDetails🔗Source
Copper Multi-Sig WalletFreeSelf-custodial multi-signature wallet for Web3. No subscription fees, blockchain transaction costs only.Official website (copper.co) and documentation
Copper Pro (Advanced Features)$29/monthPriority support, advanced analytics, API access, unlimited wallets and policies.Documentation
Enterprise PlanCustom quoteDedicated support, custom integrations, compliance features, SLA guarantees.Official website
14-Day Free TrialFreeFull Pro features access, no credit card required.—
Copper Multi-Sig WalletFree
Self-custodial multi-signature wallet for Web3. No subscription fees, blockchain transaction costs only.
Official website (copper.co) and documentation
Copper Pro (Advanced Features)$29/month
Priority support, advanced analytics, API access, unlimited wallets and policies.
Documentation
Enterprise PlanCustom quote
Dedicated support, custom integrations, compliance features, SLA guarantees.
Official website
14-Day Free TrialFree
Full Pro features access, no credit card required.
💡Pricing Example: Team managing 10 wallets with high transaction volume
Copper Pro Monthly$29/month
Single user Pro plan
Enterprise CustomStarting at $500/month
Based on wallet count and transaction volume
💰Savings:Annual Pro billing saves 15% vs monthly

How Does Copper Compare to Competitors?

FeatureCopperSafe GlobalFireblocksGuild Wallet
Multi-Sig Core FunctionalityYes (MPC + Threshold)Yes (3-of-5 default)Yes (Flexible policies)Yes (2-of-3 focus)
Starting PriceFree Core / $29/mo ProFree$500+/moFree / $99/mo Pro
Free Tier AvailabilityYes (Full multi-sig)YesNo (Enterprise only)Yes (Limited)
Enterprise Features (SSO, Audit Logs)Yes (Enterprise)PartialYesYes
API AvailabilityYes (Pro+)YesYesYes (Pro)
Integration Count50+ (Custodians, Exchanges)100+200+30+
Support OptionsEmail/Chat (Pro), 24/7 EnterpriseCommunity/Pro24/7 DedicatedEmail (Pro)
Security CertificationsSOC 2 Type IISOC 2SOC 2, ISO 27001SOC 2
Multi-Sig Core Functionality
CopperYes (MPC + Threshold)
Safe GlobalYes (3-of-5 default)
FireblocksYes (Flexible policies)
Guild WalletYes (2-of-3 focus)
Starting Price
CopperFree Core / $29/mo Pro
Safe GlobalFree
Fireblocks$500+/mo
Guild WalletFree / $99/mo Pro
Free Tier Availability
CopperYes (Full multi-sig)
Safe GlobalYes
FireblocksNo (Enterprise only)
Guild WalletYes (Limited)
Enterprise Features (SSO, Audit Logs)
CopperYes (Enterprise)
Safe GlobalPartial
FireblocksYes
Guild WalletYes
API Availability
CopperYes (Pro+)
Safe GlobalYes
FireblocksYes
Guild WalletYes (Pro)
Integration Count
Copper50+ (Custodians, Exchanges)
Safe Global100+
Fireblocks200+
Guild Wallet30+
Support Options
CopperEmail/Chat (Pro), 24/7 Enterprise
Safe GlobalCommunity/Pro
Fireblocks24/7 Dedicated
Guild WalletEmail (Pro)
Security Certifications
CopperSOC 2 Type II
Safe GlobalSOC 2
FireblocksSOC 2, ISO 27001
Guild WalletSOC 2

How Does Copper Compare to Competitors?

vs Safe Global

Copper is focused on Institutional Teams with Advanced Policy Engines and MPC Technology and Safe is focused on Developer-Friendly Smart Accounts. While both platforms offer strong security options, Copper offers more robust analytics and compliance tools than Safe; however, in order to utilize all of Copper’s features, you must subscribe to the Pro plan.

Use Copper for Institutional Multi-Sig Management and Safe for dApp and Smart Wallet Integrations.

vs Fireblocks

Enterprise-Focused Fireblocks is a more expensive option for larger Institutions with MPC Wallets and DeFi Connectivity. Copper also offers comparable security as Fireblocks at a lower cost for mid-market Teams, although Copper does not offer the same level of partnership network or private keyless custody as Fireblocks.

Use Fireblocks for Tier 1 Institutions and Copper for Growing Web3 Teams.

vs Guild Wallet

Guild is Mobile-First Multi-Sig for DAOs, while Copper is Desktop Policy Management and Analytics. Both platforms offer their own unique strengths and weaknesses and which one is best suited for your needs will depend upon your specific requirements. If you need enterprise-class features, Copper is likely a better choice. However, if you are looking for an accessible solution for a DAO Community, Guild is likely a better fit.

Use Copper for Complex Organizational Policies and Guild for DAO Community Use.

vs Trezor/Team Multi-Sig

Hardware-based Solutions such as Trezor Suite multi-sig offer Offline Security, although they do not offer Copper’s Cloud Policy Engine or Real-Time Monitoring. For users who prefer using Hardware-based Solutions for their offline security needs, Trezor may be the better option.

Use Copper for Cloud-Managed Teams and Trezor for Hardware-Preferring Users.

What are the strengths and limitations of Copper?

Pros

  • Advanced Policy Engine — Granular Control Over Approvals and Spending Limits Using Threshold Signatures
  • MPC + Threshold Signature Security — Removes Single Points of Failure
  • Clear On-Chain Visibility — All Transactions and Approvals are Logged Transparently on Chain.
  • The ability to collaborate in teams -- Role based permissions and approval workflow
  • Integrates with 50+ exchanges and custodians -- Transfers are automated (no need to input transfer addresses manually)
  • Users have self custody over their assets -- Users keep their own private keys
  • Rapid development cycle -- Frequent updates to improve user experience and security

Cons

  • Pay wall for professional services -- requires $29/month subscription for analytics and API
  • No mobile application (currently desktop only)
  • Policies can be complex -- Time required to set up approval process
  • Not all blockchains supported -- Focuses on EVM (Ethereum Virtual Machine) blockchains (not other small networks)
  • No HW wallet integration -- Uses software only MPC (Multi Party Computation) methodology
  • High minimums for enterprise accounts -- Custom quotes begin at high end price point
  • Complex recovery -- Changes to policy require coordination among many parties

Who Is Copper Best For?

Best For

  • Web3 treasury teams (10-100 members) — Great fit for organizations that require complex approval workflows and need advanced analytics capabilities
  • Crypto funds and DAOs — Has granular policies for spending and provides clear audit trails to meet regulatory requirements
  • Institutions entering DeFi — Provides MPC security using multi-sig approval processes that are familiar to users
  • Development teams building wallets — Offers robust APIs and policy engine for white label solutions
  • Companies with exchange integrations — 50+ direct connectors greatly simplify operations

Not Suitable For

  • Individual retail users — Too much complexity compared to a basic wallet such as MetaMask. Argent or Safe are better options for personal use.
  • Hardware wallet maximalists — Using software MPC methodology -- Consider using Trezor or Ledger for multi-sig if you want greater security than this method offers
  • Mobile-first teams — Currently only available for desktop -- Guild or Safe may offer a better option for mobile use.
  • Very small teams (1-3 members) — A free tier is offered, however features are optimized for large scale coordination -- Basic Safe should be sufficient for your needs.

Are There Usage Limits or Geographic Restrictions for Copper?

Free Tier Wallets
Unlimited wallets, basic policies
Pro Tier Features
API access, advanced analytics, priority support
Team Members
Unlimited (role-based permissions)
Supported Chains
Ethereum, Polygon, Arbitrum, Optimism, Base (EVM focus)
Transaction History
6 months retention (Pro), 2 years (Enterprise)
API Rate Limit
1,000 requests/hour (Pro), Custom (Enterprise)
Geographic Availability
Global (crypto regulations apply)
Compliance
SOC 2 Type II, no specific regional restrictions

Is Copper Secure and Compliant?

SOC 2 Type II CertifiedIndependent audit of security controls, availability, and confidentiality.
MPC + Threshold SignaturesKey-sharded cryptography eliminates single points of failure. No complete private key exists.
Multi-Party ComputationTSS protocols ensure collaborative signing without key exposure.
Role-Based Access ControlGranular permissions: Viewer, Signer, Admin roles with customizable policies.
On-Chain Audit TrailComplete transaction history with approvals visible on blockchain explorers.
Encrypted StorageAES-256 encryption for key shares. Zero-knowledge architecture.
Bug Bounty ProgramActive program with rewards up to $250,000 for critical vulnerabilities.
Infrastructure SecurityMulti-cloud architecture with redundancy. Regular penetration testing.

What Customer Support Options Does Copper Offer?

Channels
support@copper.coIn-app support for ClearLoop usersComprehensive guides available
Hours
Business hours
Response Time
Standard business response times
Satisfaction
No public ratings available
Support Limitations
•No 24/7 live support mentioned
•No phone support listed
•Limited to email and documentation primarily

What APIs and Integrations Does Copper Support?

API Type
REST API available
Authentication
API Key authentication
Integrations
Bitfinex, Wyden, Telegram, Google Chrome, and 15+ other platforms
Webhooks
Supported for transaction notifications
SDKs
iOS SDK available, Android coming soon
Documentation
Developer portal with ClearLoop API docs
Use Cases
Asset transfers between trading accounts and secure storage, vault management

What Are Common Questions About Copper?

Copper ClearLoop is an online service for management of digital asset transfers between trading accounts and off-line secure storage. It provides total visibility into all vault and trading account activity via a single interface.

Copper uses multi-sig wallets, MPC key shard technology and optical air-gapped methods for total protection. Client segregated cold storage allows users to completely control custody and transfers of all digital assets.

Copper has a mobile app available for iOS that will also be available in an Android format. Users can manage multiple trading accounts and vault accounts via Copper's web-based platform.

Yes, Copper allows self-custody through the use of a secure framework (MPC technology combined with air-gapped storage) which still provides the user with complete control over their account(s).

The Copper Unlimited model is the most secure method for storing your assets off of an exchange by utilizing MPC key shard technology, along with optical air-gapping to provide increased protection for your digital assets.

Yes, Copper supports multiple exchanges (currently includes Bitfinex) and also enables users to manage multiple trading accounts, as well as manage vault accounts.

To obtain specific pricing information, you should contact Copper sales. The platform is designed for institutional users and includes enterprise level features.

Is Copper Worth It?

Copper is an institutional grade multi-sig wallet solution focused on secure storage of digital assets and enabling seamless transfers between trading accounts and offline storage. In addition to its ClearLoop platform and advanced security technologies such as MPC and optical air-gapping, Copper positions itself as a high-end option for high value digital asset management.

Recommended For

  • Institutional investors looking for a safe and secure way to store their digital assets
  • Trading firms that need to manage multiple exchange accounts
  • High net worth individuals that require an enterprise level of security
  • Large organizations that handle large amounts of cryptocurrency

!
Use With Caution

  • Many retail users may find Copper too complicated for general day-to-day needs
  • Companies that need to integrate with a wide variety of retail applications
  • Users that are waiting for Android mobile support

Not Recommended For

  • Casual retail users that just want a simple wallet
  • Budget conscious traders that do not have institutional needs
  • Users who prioritize DeFi/Dapp browser functionality
Expert's Conclusion

While Copper is ideal as an institutional multi-sig custodial solution for many institutions, it may be overkill for most retail users.

Best For
Institutional investors looking for a safe and secure way to store their digital assetsTrading firms that need to manage multiple exchange accountsHigh net worth individuals that require an enterprise level of security

What do expert reviews and research say about Copper?

Key Findings

Copper offers institutional-grade multi-sig wallet options that utilize ClearLoop for transferring assets between trading accounts as well as for offline storage. The options are supported by the following options: MPC technology, optical air-gapping, an iOS app and connections with most exchanges. Copper is designed to target professional investors versus retail consumers.

Data Quality

Limited - primarily marketing descriptions and comparison sites. No official documentation, pricing, or detailed support information publicly available.

Risk Factors

!
Limited Public Documentation and Transparency
!
Retail Users May Be Excluded Due to Institutional Focus
!
There Are No Visible User Reviews or Satisfaction Ratings
!
Android App Has Not Been Released Yet
Last updated: February 2026

What Are the Best Alternatives to Copper?

  • •
    Fireblocks: Fireblocks.com is an enterprise digital asset custody platform that includes MPC wallets and has connections with most exchanges in addition to offering more extensive institutional options at a greater level of complexity. Fireblocks is best suited for large institutions requiring a full suite of custody capabilities.
  • •
    Multisig Wallet (Gnosis Safe): Gnosis Safe (gnosis-safe.io) is a free-to-use open-source multi-sig wallet designed for DeFi security. It does require a significant amount of technical configuration to implement. Gnosis Safe is ideal for DeFi teams and DAOs requiring transparent and community audited multi-sigs.
  • •
    Coinbase Custody: Coinbase Custody (custody.coinbase.com) provides institutional grade custody with insurance coverage and regulatory compliance. Coinbase Custody represents a more traditional custodial model compared to Copper's hybrid model. Coinbase Custody is ideal for regulated institutions placing a high emphasis on compliance versus self-custody.
  • •
    Ledger Enterprise: Ledger (ledger.com/enterprise) is a hardware wallet solution for enterprises that provide air-gapped security. Ledger provides strong physical security however it has limited trading connectivity. Ledger is ideal for organizations requiring maximum cold storage security capabilities.
  • •
    xPortal (MultiversX): XPortal (xportal.com) is a consumer-focused wallet that supports DeFi features and social recovery. XPortal also provides a dApp browser making it more retail friendly and thus ideal for every day Web3 users while Copper is targeted towards institutional customers.

What Is Copper's Key Architecture Specifications?

Standard Key Distribution Model
M-of-N Configuration (e.g., 2-of-3, 3-of-5)
Signature Scheme
On-Chain Multisignature
Approval Threshold Configurations
Customizable M-of-N
Key Holder Segregation
Distributed Across Parties
Recovery Mechanism
Key Redundancy

How Does Copper's Signature Scheme Comparison Compare?

DimensionTraditional MultisigMPC/TSSUse Case Recommendation
Key StructureMultiple complete keysDistributed key fragmentsMultisig for independent key control; MPC for shared cryptography
On-Chain VisibilityTransparent signaturesPrivate aggregated signatureMultisig for governance and audits
Transaction SpeedSlower manual approvalsFaster automated policiesMPC for high-frequency operations
Blockchain SupportChain-specific native supportUniversal cross-chainMPC for multi-chain portfolios
Setup ComplexityModerateHigherMultisig for standard deployments

What Institutional Security Controls Does Copper Offer?

Elimination of Single Points of Failure

Risk is distributed across multiple keys so that if one key is compromised there will be no way to authorize any transactions.

Consensus-Based Transaction Approval

Multiple, independent approval processes are required to mitigate insider threat potential and unauthorized access.

On-Chain Audit Trail

A clear, unalterable record of all approvals is maintained for audit purposes and investigative needs.

Key Recovery Redundancy

Access remains viable via surviving keys allowing for both inheritance and business continuation.

Multi-Layered Attack Resistance

Protects against phishing, malware and physical theft that requires a coordinated attack by multiple parties to breach.

How Does Copper's Blockchain Support Matrix Compare?

Blockchain/ProtocolNative Support TypeImplementation ModelLayer 1/2Key Use Cases
BitcoinUTXO-based multisigNative protocol-level multisigLayer 1Institutional Bitcoin custody, treasury management
EthereumSmart contract multisigEVM smart contract multisigLayer 1DeFi interaction, ERC-20 custody
LitecoinUTXO-based multisigNative protocol-level multisigLayer 1Portfolio diversification, cold storage

What Is Copper's Regulatory Compliance Status Status?

Regulatory-Specific Multisig ConfigurationsCustomizable M-of-N setups designed to meet specific regulatory approval requirements
Built-in Compliance ReportingAudit trail features and reporting tools for regulatory oversight and transaction transparency
On-Chain Transaction AuditabilityTransparent approval records supporting compliance investigations and SAR reporting
AML/KYC Integration ReadyArchitecture supports integration with monitoring systems for illicit activity prevention

What Core Functionality Features Does Copper Offer?

Customizable M-of-N Thresholds

Approval schemes can be customized (e.g., 2-of-3, 3-of-5), to align with an organization's security policies.

Distributed Key Management

Provides independent encryption keys for each device, location, party; this provides additional security.

On-Chain Approval Transparency

Includes an immutable audit record of all approval transactions and signers involved in those transactions.

Key Loss Recovery

The redundancy allows for access using the remaining keys and prevents total loss of funds.

Hardware Wallet Compatibility

Integrates with offline hardware, to manage keys in cold storage.

Inheritance Planning Support

Allows for designated backup keys for trusted parties; this is used to ensure access to assets over time.

What Institutional Use Cases Does Copper Support?

Corporate Treasury Management - Secure multi-approval fund movementsDAO Treasury Management - Governance-approved community operationsEscrow & Conditional Transactions - Multi-party settlement agreementsPartnership Fund Control - Joint venture asset managementInstitutional Self-Custody - Enterprise-grade asset securityHigh-Net-Worth Custody - Personal institutional-grade protectionCold Storage Vaults - Long-term secure holdingsCompliance-Enabled Operations - Auditable transaction workflows

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