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Clearing and settlement news

Coinbase connects with Copper’s ClearLoop network


14 July 2025 UK
Reporter: Zarah Choudhary

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Image: AndrianSupyanda/stock.adobe.com
Copper, a digital assets collateral management and trading infrastructure firm, has collaborated with Coinbase, a publicly traded cryptocurrency platform.

This partnership will see Copper’s ClearLoop network integrate with Coinbase International Exchange, providing clients with access to Copper’s off-exchange settlement and collateral management platform.

According to the firm, the integration will allow clients to manage collateral and settle trades in near real-time across multiple exchanges, reducing counterparty risk and improving capital efficiency.

Clients can also store their digital assets by using Copper’s multi-party computation (MPC) technology.

Amar Kuchinard, global CEO of Copper, says: “This significant integration with Coinbase International Exchange expands institutional access to rapid, secure off-exchange trading and settlement.

“This is a milestone in the development of a mature digital assets industry, combining seamless collateral management with incredible speed and security.”

Marc Zeitouni, CEO of Coinbase International Exchange, comments: “Institutional clients demand both security and agility when managing digital assets. By integrating with Copper’s ClearLoop network, we’re delivering on both fronts — combining Coinbase International Exchange’s regulated, high-performance trading venue with off-exchange settlement that improves capital efficiency.

“This partnership underscores our commitment to building the infrastructure institutions need to confidently engage with digital assets at scale.”

Following the collaboration, Coinbase and Copper welcome Ethena as a launch partner.

Ethena is a synthetic dollar protocol built on Ethereum that provides a crypto-native solution for money not reliant on traditional banking system infrastructure.
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