Crypto Custody Provider Copper in Talks for IPO with Goldman Sachs, Citi, and Deutsche Bank Involved

BlockBeats News, January 30th, cryptocurrency custodian service provider Copper is in preliminary talks regarding a potential public listing. Sources familiar with the matter revealed that Goldman Sachs, Citigroup, and Deutsche Bank may be involved in the listing, with the final decision depending on the company's recent revenue performance.

Reportedly, Copper offers institutional-grade crypto infrastructure based on Multi-Party Computation (MPC) technology, including custody, settlement, and prime brokerage services, aimed at reducing counterparty risk for banks and trading firms.