Copper Initiates $500 Million Sale Process with Cantor Fitzgerald
— CoinDesk
Copper has started a $500 million sale process with Cantor Fitzgerald's assistance.
Crypto custody firm Copper has engaged Cantor Fitzgerald to assist with a $500 million sale process.
- Copper plans to sell the company for $500 million.
- Cantor Fitzgerald appointed as advisor for the sale.
- The move signals potential consolidation in crypto custody services.
Copper's sale could signal consolidation in crypto custody, influencing competition and pricing dynamics in the sector.