Newly launched Copper Catalyst to make cryptoassets easily bankable

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London-based digital asset infrastructure provider, Copper announced the launch of Copper Catalyst. The new framework aims to bridge the gap between the traditional financial markets and the emerging crypto investment space. Copper Catalyst is expected to enable institutional investors to assume a position in cryptoassets without the undertaking the risks associated with the storage and trading of crypto.

Dmitry Tokarev, Chief Executive Officer, Copper Technologies, said, “The crypto fund industry has shown enormously promising growth over the last decade, with impressive strategies and an excellent return for investors. But it is no secret that there has been a clear barrier to their graduation into the investment mainstream: the lack of feasible securitisation options. With sky-high costs and extensive compliance issues associated with most available structures, there is a gulf between traditional financial markets and this next generation of funds: a gulf that Copper Catalyst will bridge.”

According to Copper, the Catalyst platform will allow the new generation of crypto funds to issue a range of actively managed certificates (AMCs). The AMCs can be licensed with an international securities identification number (ISIN) and will be fully bankable and clearable across a range of European exchanges. The platform also aims to reduce the costs of issuing securities as well as the time taken to launch an issuance vehicle.

“More and more, we are seeing traditional investors looking for exposure in cryptoassets – not least as a hedge against the economic damage and impending inflation as a result of the COVID-19 pandemic. There are scores of investors whose only barrier to engaging in crypto is the perceived risk associated with managing your own currency. Catalyst entirely mitigates that risk, and will improve access to the asset class for all sophisticated investors – from high-net-worth individuals through to Wall Street,” Tokarev concluded.

Recently, Copper announced that it has joined the Official Monetary and Financial Institutions Forum’s (OMFIF) Digital Monetary Institute (DMI) as a founding member.