Seeking Alpha
2021-11-18 20:53:05

Crypto trading firm Copper is said to seek funds valuing it at $3B

Copper.co, which helps facilitate crypto trading for financial institutions, is said in discussions with investors for funding that would value the company at about $3B. London-based Copper is in talks with Tiger Global, Softbank (OTCPK:SFTBY) and Accel to be a part of a $500M funding round, according to a Bloomberg report. Copper says it has more than 400 clients including traders, wealth companies, private banks, crypto funds & family offices, according to its website. Earlier, KKR plans to back crypto platform Anchorage at $3B valuation: The Information.

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