Crypto Custody Unveiled: BitGo & Copper’s Trading Innovation! 🚀

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In the grand tradition of financial wizardry, BitGo and Copper have conjured a spellbinding trading spectacle that would make even the most seasoned sorcerers of Wall Street blink in disbelief! 🧙‍♂️✨

Behold, a trading model so revolutionary, it allows the masses to engage in the alchemical art of derivatives on the esteemed Deribit exchange, all while their treasure remains safely ensconced in the off-exchange vaults of BitGo Trust. 🏰🗝️

Yes, dear readers, the days of clenching one’s wallet in fear are but a distant memory. With Copper’s ClearLoop solution, trades are settled as smoothly as a midnight deal in the back alleys of crypto.news. 🌙🤝

BitGo, in its relentless pursuit of market domination, has unveiled an array of initiatives, including an over-the-counter trading desk for the institutional elite. Here, one can trade, lend, and hedge with the fervor of a medieval merchant, across a veritable cornucopia of assets—from the noble layer-1 tokens to the whimsical meme coins. 🎭🪙

In a move that could be described as nothing short of a crypto alliance for the ages, the partnership with Copper and Deribit promises a settlement solution of such magnificence, it is said to support institutional adoption as effectively as a knight’s trusty steed. 🐎👑

“Holding assets in qualified custody and settling through ClearLoop’s battle-tested settlement process delivers what the market has been clamoring for—a seamless and secure way to trade,” proclaimed Brett Reeves, the esteemed head of Go Network, with a flourish of his quill. 📜✒️

Ben Lorente, the director of strategic alliances at Copper, waxed lyrical about the new model, heralding it as a giant leap towards a future where cryptocurrency flows as freely as mead at a feast. The solution, he declared, is a beacon of interoperability in the market. 🌐🍻

Let us not forget, dear friends, that BitGo has achieved a milestone of such enormity, it could be seen from the moon. With over $100 billion in assets under custody, the platform stands as a colossus among custodians, offering not just custody, but trading, staking, and financing solutions to the masses. 🌕💼

Since its inception in 2013, the U.S.-based BitGo has been spreading its influence like the tendrils of an ancient vine, reaching both institutional and retail customers across the globe. And whispers of an initial public offering? Well, let’s just say the winds of change are blowing. 🌾📈

BitGo and Copper's Trading Innovation

So, dear comrades, let us raise our goblets to BitGo and Copper, the architects of this brave new world of crypto trading. May their alliance be as enduring as the mightiest of oaks, and may their trading solutions bring prosperity to us all! 🍷🌳

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2025-02-20 19:25