Copper.co, one of the absolute key players in the digital asset custody vertical, has collaborated with the Apotos Foundation to promote the growth of integrated blockchains.
The creation will provide governance and built-in staking support for Aptos, a separate L1 blockchain foundation created for upgradability, security and reliability in a decentralized network and builder ecosystem.
For its part, Aptos is a delegated proof of stake (DPoS) L1 that uses the AptosBFTv4 consensus protocol. Under the agreement, Aptos’ positioning on the Copper foundation will allow Copper’s customers to benefit from the easy availability of a range of tokens created on the Aptos blockchain.
According to Copper.co CEO Dmitry Tokarev, the partnership with Aptos Foundation is a step toward delivering on Copper’s promise to provide their customers with additional connectivity and effortless switching. The integration will help improve users’ exposure in the case of safe custody and trading of multiple tokens within the Aptos space.
In the words of the Head of Grants and Ecosystem at Aptos Foundation, Bashar Lazaar, the partnership with Copper is the way forward to connect Aptos users to ecosystem-related projects and enable the custody, trading and exchange of digital assets. This will lead to an improved DeFi future that will benefit from interoperability and availability for users.
Copper is involved in developing the benchmark for the institutional framework for digital assets, prioritizing custody and collateral management. Copper has been responsible for developing a comprehensive and secure offering of products and services necessary for the safe custody and trading of digital assets.
Aptos Foundation supports the building of the Aptos protocol, together with a decentralized network and ecosystem. The idea is to spread the benefits of decentralization to everyone.
Aptos is a new Layer 1 blockchain. Aptos’ programming language, Move, was created to enhance capabilities and secure user protection.