Kraken MTF, the Exchanges’ Derivatives Arm, Joins Copper’s ClearLoop Crypto Settlement Network

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,, Bitfinex, Bitget and PowerTrade, with Bitstamp and Bitmart soon to go live, according to a press release.


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