Copper.co: Raises $8m to expand globally
- Copper designs & develops the award-winning infrastructure which enables institutions to acquire, store
- Raised a USD $8 million Series A from investors such as Target Global, MMC Ventures and LocalGlobe
- Copper will use the funds to develop regional client facing operations in key geographies around the world such as North America and Asia
- Copper quickly grown its client base with crypto funds, institutions and also HNW private traders
- Institutional investors in this round include leading international investment firm Target Global
- This fundraise follows a previous Seed round that saw Copper raise $1.3 million in 2018 to build its custody