Copper and Aptos Foundation team up to further institutional accessibility

March 25, 2024
Darren Parkin

DIGITAL asset custodian Copper has expanded its growth of integrated blockchains with a new Aptos Foundation partnership.

The integration will include custody and built-in staking support for Aptos - an independent L1 blockchain platform designed around the core tenets of scalability, safety, reliability, and upgradeability within a decentralised network and developer ecosystem.

Aptos is a Delegated-Proof-of-Stake (DPoS) L1 that uses the Aptos BFTv4 consensus protocol. As part of the collaboration, the introduction of Aptos on the Copper platform will allow Copper clients to benefit from access to a wide range of tokens built on the Aptos blockchain.

“Our alliance with Aptos Foundation is a further stepping stone in amplifying Copper’s commitment to provide our clients with greater accessibility and seamless transitions," said Copper CEO Dmitry Tokarev.

"This integration is set to enhance user experience when it comes to being able to safely custody and trade an array of tokens in the Aptos ecosystem contributing to the broader growth of connectivity in the adoption of Web3.”

Bashar Lazaar, Head of Grants & Ecosystem at Aptos Foundation said the partnership with was a key element of a larger push to connect Aptos users with ecosystem projects enabling the custody, trading, and sharing of digital assets.

"We see this as a crucial step toward a DeFi future that benefits from interoperability and accessibility on the user side and institutional trust and interest from established market leaders like Copper’s global clients.”