Copper
Qualified Custodian
Established Est. 2018
Switzerland
21Rates Quality Score: 6.5/10
Copper.co, founded 2018 in London, provides institutional digital asset custody and off-exchange settlement (ClearLoop). Enables trading on centralized exchanges without moving assets from secure MPC custody.
Custody Model
ModelHosted Custody
LicensesSwiss-registered, FCA-registered (UK)
RegulatoryUK FCA registration, Swiss regulations
JurisdictionSwitzerland (registered), UK operations
Fees & Minimums
Fee StructureCustom pricing based on AUM and services. ClearLoop trading settlement included. Contact for institutional quotes.
Min BalanceContact for requirements
WithdrawalsCustom per-client
Security
Cold Storage100% offline via ClearLoop
InsuranceComprehensive insurance coverage
Proof of Reserves No
Asset SegregationYes
AuditsAnnual SOC 2 and ISO audits
Features
API Access Available
Mobile App No
Hardware Wallet Not supported
Institutional Available
Integrated Trading Yes
AssetsBTC, ETH, SOL, XRP, 300+ digital assets
Frequently Asked Questions About Copper
Copper is a qualified custodian, meaning it is a regulated financial institution authorised to hold client assets. This is important for institutional investors who are legally required to use a qualified custodian under regulations such as the SEC Custody Rule.
Copper carries the following insurance coverage: Comprehensive insurance coverage. Always confirm specific coverage terms, limits, and exclusions directly with Copper before depositing assets.
Copper stores 100% offline via ClearLoop of assets in cold storage (offline). Cold storage protects against remote hacking by keeping private keys disconnected from the internet.
Copper's fee structure: Custom pricing based on AUM and services. ClearLoop trading settlement included. Contact for institutional quotes.. Custody fees are typically charged as an annual basis-point fee on assets under custody or a flat monthly fee.
The minimum balance requirement at Copper is Contact for requirements. This may vary based on account type and service tier.
About this analysis
21Rates Editorial TeamBitcoin Financial Research Analysts
Our research team analyses Bitcoin custody providers using proprietary quality scoring, regulatory research, and user reviews. We independently verify custody terms and maintain up-to-date information to help you make informed decisions.
Last verified: August 2026