After many traders’ funds were marooned on the collapsed crypto exchange FTX, there’s been a push toward alternative structures, such as in-custody settlement networks and the like. Copper’s off-exchange network provides hundreds of institutional customers with connectivity to OKX, Bybit, Deribit, BIT, Gate.io, Bitfinex, Bitget and PowerTrade, with Bitstamp and Bitmart soon to go live, according to a press release. Source: https://www.coindesk.com/business/2024/06/24/krakens-derivatives-arm-joins-coppers-crypto-settlement-network/?utm_medium=referral&utm_source=rss&utm_campaign=headlines