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Copper Taps Cantor Fitzgerald to Explore $500 Million Sale
Cryptocurrency custody firm Copper has been seeking a buyer willing to pay about $500 million for the platform, according to two people familiar with the matter, as deal-making across digital assets continues even while the crypto IPO market remains subdued. Wall Street investment bank Cantor Fitzgerald has been appointed to help sell Copper, the people said. Copper and Cantor did not respond to requests for comment. The sale process points to a shift in how crypto infrastructure companies are assessing their options. Copper had been said to be weighing an IPO earlier this year, potentially following the path of ... (full story)
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