Category Copper

Copper's rise is likely led by Trump's tariffs, weakening its appeal as leading indicator for risk assets, including cryptocurrencies.

The business launches with $2 billion in initial financing.

Weinrib previously worked at crypto exchanges Binance.US and Gemini.

Clients of BitGo and Copper can now trade spot and derivatives on Deribit while assets are secured off-exchange.

The decision is part of the company's strategic shift to focus on markets such as the U.S., Europe and the Middle East