Copper Expands Institutional Crypto Services With Core Partnership
Portfolio Pulse from Murtuza Merchant
Copper has announced a partnership with Core Foundation to enable institutional clients to stake Bitcoin and CORE tokens directly from their Copper accounts. This partnership expands Copper's services to include non-custodial BTC staking, enhancing capital efficiency for institutional investors.
August 12, 2024 | 1:51 pm
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POSITIVE IMPACT
Copper's partnership with Core Foundation allows institutional clients to stake Bitcoin directly from their Copper accounts, potentially increasing demand for Bitcoin staking services.
The partnership introduces a new way for institutional investors to maximize their Bitcoin investments through staking, which could increase demand for Bitcoin and positively impact its price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Copper's integration of Core's non-custodial BTC staking functionality will support the CORE token, potentially increasing its utility and demand among institutional investors.
The integration of Core's staking functionality into Copper's infrastructure enhances the utility of the CORE token, which could lead to increased demand and a positive impact on its price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80