Copper.co, a leader in digital asset custody, collateral management and prime services, has added custody and staking support for MINA, the native currency of Mina Protocol, a next-gen zero knowledge (ZK) blockchain.
This integration expands options for institutional clientele to participate in the Mina community. Institutional users of Copper’s infrastructure benefit from a secure solution for managing their digital assets and a reliable staking service to accrue rewards, encouraging broader adoption of zero knowledge technology.
Kurt Hemecker, CEO of the Mina Foundation, said, “This strategic collaboration is aimed at accelerating the growth of zero knowledge technology with increased liquidity from institutions to help secure the Mina network. The addition of Copper’s custody solution gives professional and institutional entities more options to diversify their crypto participation with MINA. We hope that it will also raise awareness of institutional use cases for ZK technology, such as zk-KYC credentials that help address compliance without sacrificing user privacy.”
Mina Protocol uses advanced cryptography and recursive zero knowledge proofs to design a succinct blockchain that is scalable, secure and accessible from any device. This year Mina became the first ZK Layer 1 blockchain to enable the development and deployment of zero knowledge applications (zkApps) on mainnet.
With a focus on custody and collateral management, Copper has built the standard for institutional digital asset infrastructure. Central to Copper’s multi-award-winning technology is ClearLoop, which enables clients to manage collateral and settle trades in near real-time across multiple exchanges, while mitigating counterparty risk and increasing capital efficiency.
Dmitry Tokarev, CEO and Co-Founder of Copper, added, “Now is a pivotal moment for institutional adoption of cryptocurrencies and blockchain technologies. Following the Ethereum ETF approval this year, we are witnessing increased interest for reliable tools to gain exposure in this space. The integration with Mina Protocol represents another step forward in advancing opportunities for institutional adoption.”
Interested parties can find more information about this collaboration at https://copper.co/products/digital-asset-custody.
About Mina Protocol
Mina is the world’s lightest blockchain, powered by participants. Rather than apply brute computing force, Mina uses advanced cryptography and recursive zk-SNARKs to design an entire blockchain that is about 22kb, the size of a couple of tweets. It is the first layer-1 to enable efficient implementation and easy programmability of zero knowledge smart contracts (zkApps). With its unique privacy features and ability to connect to any website, Mina is building a private gateway between the real world and crypto—and the secure, democratic future we all deserve.
