{"id":7174,"date":"2021-08-05T12:08:38","date_gmt":"2021-08-05T11:08:38","guid":{"rendered":"https:\/\/coinscreed.com\/staging\/?p=7174"},"modified":"2021-08-05T12:08:46","modified_gmt":"2021-08-05T11:08:46","slug":"copperco-expands-to-us-market-following-a-funding-round","status":"publish","type":"post","link":"https:\/\/coinscreed.com\/staging\/copperco-expands-to-us-market-following-a-funding-round\/","title":{"rendered":"Copper.co expands to US market following a funding round"},"content":{"rendered":"\n
Following the recent Serie B funding round, Copper. co<\/a> has expanded its reach into the United States market.<\/h5>\n\n\n\n
\"Copper.co<\/figure>\n\n\n\n

Copper.co, a digital asset and trading platform provider based in the United Kingdom, has announced the appointment of Glenn Barber as Head of Sales & Development\r\n \r\n \r\n \r\n <\/g>\r\n \r\n \r\n \r\n <\/clipPath>\r\n <\/defs><\/svg><\/span><\/a>.<\/p>\n\n\n\n

Barber's selection as the new U.S. office's president is described as “the next phase in the company's expansion strategy.”<\/p>\n\n\n\n

Copper.co, based in London, has raised $84.3 million in capital rounds, the most recent of which being a Series B investment that enabled the company to raise $50 million.<\/p>\n\n\n\n

According to Cointelegraph, Alan Howard, a millionaire hedge fund manager, was involved in the previous funding round, which included a $25 million extension, bringing the total funds raised to $75 million.<\/p>\n\n\n\n

According to Copper, the \u201cadditional money reflects the growing interest and endorsement of crypto assets<\/a> from the traditional finance sector,\u201d citing Howard's investment.<\/p>\n\n\n\n

Former Voyager Digital CIO Glenn Barber will team together with business development directors Doug Bilyk and Betty Sharples to “make Copper the number one choice for US institutions” when it comes to crypto trading, digital asset security, and “making the most of trading opportunities via ClearLoop.”<\/p>\n\n\n\n

While small investors expressed anxiety about the cryptocurrency market's poor performance, large investors appear to have increased their bets on worldwide crypto adoption.<\/p>\n\n\n\n

Copper's ClearLoop service recently got integrated with FTX crypto exchange to help Copper's asset managers access crypto offerings, including options, futures, markets, and tokenized stocks, according to reports.<\/p>\n\n\n\n

Copper's recent fundings will be used to onboard traditional financial institutions into the crypto space.<\/p>\n\n\n\n

Howard also made headlines for a recent $12 million investment in Kikitrades<\/a>, a Chinese crypto investing platform that plans to use the funds to expand its footprint across Australia, Hong Kong, Taiwan, and Southeast Asia.<\/p>\n","protected":false},"excerpt":{"rendered":"

Following the recent Serie B funding round, Copper. co has expanded its reach into the United States market. Copper.co, a digital asset and trading platform provider based in the United Kingdom, has announced the appointment of Glenn Barber as Head of Sales & Development . Barber’s selection as the new U.S. office’s president is described […]<\/p>\n","protected":false},"author":12,"featured_media":7178,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[32,26],"tags":[1974,1975,1559],"class_list":["post-7174","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto-exchange-news","category-cryptocurrencies","tag-copper-co","tag-funding-round","tag-us"],"jetpack_featured_media_url":"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2021\/08\/Copper.co-expands-to-US-market-following-a-funding-round-scaled.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/7174","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/comments?post=7174"}],"version-history":[{"count":0,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/7174\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media\/7178"}],"wp:attachment":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media?parent=7174"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/categories?post=7174"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/tags?post=7174"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}