According to Odaily, Solv Protocol, a Bitcoin financial yield and liquidity agreement, has entered into a partnership with crypto custody company Copper. As part of the collaboration, Solv will integrate Copper's ClearLoop network. This will allow Solv's institutional clients to securely store their assets within Copper's infrastructure while entrusting these assets to the Solv platform for management and trading.
The partnership aims to enhance the security of assets for Solv's institutional users, reduce counterparty risk, and improve capital efficiency when participating in yield strategies. This collaboration represents a significant step in the ongoing efforts to improve the safety and efficiency of digital asset management and trading.
The integration of Copper's ClearLoop network into Solv's platform will provide institutional clients with a secure and efficient environment for their digital assets. This partnership is expected to bring about significant improvements in the way digital assets are managed and traded, particularly for institutional clients.