ClearLoop Prime Services & Settlement Network

Copper provides institutional-grade prime brokerage infrastructure combining off-exchange settlement, unified account management, and a scalable settlement network serving 1,000+ institutional clients.

ClearLoop Off-Exchange Settlement

ClearLoop is the digital asset market's first off-exchange settlement solution, enabling institutional traders to access centralized exchange liquidity without moving assets from Copper's secure Multi-Party Computation (MPC) custody infrastructure. This revolutionary product addresses counterparty and exchange insolvency risk while processing over $50 billion in monthly notional trading volume.

How ClearLoop Works

Clients delegate assets instantly to any supported exchange from a single pool of collateral held in Copper's custody. When trades are executed, settlements occur between the client and exchange on Copper's infrastructure - not at the blockchain level - meaning funds never leave custody. This off-exchange settlement mechanism provides immediate access to deep market liquidity across 8+ major exchanges.

Supported Exchanges

Coinbase, OKX, Bybit, Deribit, Gate.io, Bitget, Bit.com, and Bitfinex. The network continues expanding to provide access to the deepest pools of liquidity in digital asset markets.

Capital Efficiency

Assets can be delegated instantly to any supported exchange from a single pool of collateral, eliminating the need to pre-position funds across multiple venues. Instant delegation means funds become available on the selected exchange immediately.

Cost Reduction

Since trades settle on Copper's infrastructure rather than on-chain, clients avoid deposit, transfer, and withdrawal network fees, significantly reducing operational costs for active traders.

Risk Mitigation

ClearLoop's innovative trust structure provides unprecedented protection. Assets are held under an English Law Trust, providing bankruptcy-remote protection against Copper insolvency. Collateral agreements protect clients against exchange insolvency and protect exchanges against client defaults. Copper's dedicated risk team continuously monitors that sufficient collateral is maintained.

Multi-Custodial Network Integration

ClearLoop has evolved into the first multi-custodial off-exchange settlement network. Through integrations with prime brokers and third-party custodians including BitGo and Komainu, ClearLoop now offers the largest and most comprehensive off-exchange settlement network available, allowing institutions to maintain custody with their preferred provider while accessing ClearLoop's settlement infrastructure.

Copper Network Settlement Infrastructure

Copper Network is a scalable, custodian-agnostic digital asset settlement network with over 600 active counterparties, providing efficient, flexible, and secure settlement capabilities for institutional market participants.

Custodian-Agnostic Architecture

Unlike traditional settlement networks requiring all participants to use the same custodian, Copper Network enables institutions to settle trades regardless of which custody provider they use. The network integrates with leading custodians including Copper, BitGo, and Komainu.

Scalable Settlement

High throughput supporting rapid settlement finality without blockchain confirmation delays. Privacy preservation keeps settlement details private between counterparties. Atomic settlement eliminates settlement risk through simultaneous asset exchange. Multi-asset support enables settling complex portfolios through a unified interface.

Network Effects

600+ active counterparties create critical mass for liquidity and trading opportunities. Major participants include leading market makers, hedge funds, OTC desks, prime brokers, exchanges, and asset managers.

Technical Integration

Full API access enables systematic trading firms to automate settlement workflows and integrate Copper Network with existing trading infrastructure. Real-time visibility into pending settlements, confirmed trades, and network liquidity.

Market Recognition

Alessandro Balata of Fasanara Capital: "We're now able to access greater amounts of liquidity across a growing number of exchanges joining Copper's ClearLoop network. ClearLoop has become a critical component in helping institutional investors mitigate exchange counterparty risk."

Josh Gibson, Global Head of Exchanges at GSR: "The ClearLoop solution is an example of maturing crypto market infrastructure that addresses issues of counterparty risk and improves operational efficiency."