OKX has partnered with digital asset custody provider Copper.co to offer off-exchange settlements for institutional clients through Copper's ClearLoop technology. This collaboration expands institutional access to secure trading while optimizing capital efficiency.
Key Benefits of the OKX-ClearLoop Integration
- Expanded Market Access: Institutions now gain seamless access to OKX's 700+ spot and derivatives markets while assets remain securely custodied with Copper.
- Enhanced Security: Assets stay within Copper's MPC (Multi-Party Computation) infrastructure, reducing counterparty risk.
- Automated Settlements: Balances between Copper and OKX accounts reconcile in real-time via API, ensuring efficient trading.
Institutional-Grade Asset Security
Copper's ClearLoop uses an English law trust structure to mitigate insolvency risks:
- Assets are held in a legally segregated trust.
- Exchanges post collateral monitored 24/7 by Copper’s risk team.
- Clients retain ownership even if Copper faces insolvency.
Dmitry Tokarev, CEO of Copper, stated:
"OKX’s integration with ClearLoop reflects institutional demand for robust security and liquidity. Traders can now optimize assets across OKX’s markets without compromising custody."
Who Benefits Most?
Large-scale traders prioritizing:
- Security: Avoid exchange counterparty exposure.
- Liquidity: Immediate access to OKX’s deep markets.
- Capital Efficiency: Trade without frequent asset transfers.
👉 Explore institutional solutions with OKX
FAQ
Q: How does ClearLoop reduce counterparty risk?
A: Assets never leave Copper’s custody; OKX accesses balances via mirrored accounts backed by collateral.
Q: What happens if Copper becomes insolvent?
A: The trust structure ensures client assets remain outside Copper’s estate.
Q: Which exchanges support ClearLoop?
A: OKX joins other top-tier venues integrated with Copper’s network.