According to ChainCatcher, the cryptocurrency trading platform Kraken has added support for Copper's ClearLoop, enabling institutional clients to settle transactions on Copper's infrastructure rather than the trading platform itself.
ClearLoop allows such traders to trade virtual balances on the trading platform, while actual settlements are conducted on its own network. This means that the token balances of these traders are guaranteed by Copper rather than stored on the trading platform. This move can help institutional clients reduce the risk of funds being stolen.
