Institutional digital asset infrastructure provider Copper has expanded into Liechtenstein with the launch of its new custody service. The move comes after the firm secured a registration under the Token and TT Service Provider Act from Liechtenstein’s Financial Market Authority.
Copper claims in a press release that its expansion “aligns with Liechtenstein’s progressive approach to digital assets and blockchain technology, as exemplified by the implementation of the Blockchain Act in 2020”.
The firm’s custody service aims to “enable institutional investors to securely store and manage their digital assets”.
Copper’s Group CEO Amar Kuchinad says that the launch is a “significant step” in bridging the gap between traditional finance and the digital asset ecosystem.
