Copper.co, a digital asset custody provider, has announced the launch of its agency lending platform. Copper said the blockchain-based platform, which will also integrate traditional finance, aims to transform the digital asset lending market. The platform is designed to address issues that have contributed to major crashes in DeFi and TradFi.
Copper’s financial solution addresses issues such as limited visibility, inflexibility, and slow settlement times. The rollout of the agency lending platform includes features such as fast loan origination, supercollateralized loans that combine income generation with reliable collection, and real-time visibility. Clients can access these features through a dashboard on the platform.
A customizable risk structure will ensure position security in the event of a loan-to-value breach. Meanwhile, direct lending and ring-fencing of borrowed assets using Copper’s OTC settlement platform, ClearLoop, will help clients mitigate ecosystem threats and exchange bankruptcy risks.
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