Copper and Velocity Labs partner to expand Polkadot custody

This collaboration marks a significant milestone for both organizations as they work together to enhance Polkadot’s DeFi infrastructure.

London, England - March 14th, 2025 – Copper, a leader in digital asset custody, collateral management, and prime services, is pleased to announce a strategic partnership with Velocity Labs, an ecosystem builder looking to advance DeFi for the Polkadot Network.

As a result of this partnership, clients will have access to the Polkadot Network via Copper's award-winning MPC technology and settlement infrastructure. The partnership aims to improve access for users and liquidity by providing service providers, infrastructure partners, capital allocators, and power users with the necessary tools to interact with Polkadot safely and efficiently.

"We are excited to join forces with Velocity to provide Polkadot users unparalleled security and efficiency in managing their digital assets," said Alex Maslin, Business Development Director at Copper. "This partnership underscores our commitment to fostering a secure and robust digital asset environment."

"Copper's product offering and expertise fit perfectly with Polkadot’s goals in trying to enhance access to capital in our ecosystem," said Nicolas Arevalo, co-founder at Velocity Labs. "Together with Copper we are confident in our ability to drive innovation and deliver exceptional value to our users."

Key highlights of the partnership include:

• Custody support for Polkadot Asset Hub assets, such as DOT, USDC, USDT and any other Parachain token.
• Ability to send assets between different rollups on Polkadot using Cross-Consensus Messaging (XCM) directly within the Copper Platform.
• Enabling users to stake their assets as well as participate in Governance with Copper's Defi solution CopperConnect.

This partnership showcases the shared commitment of Copper and Velocity Labs to advancing digital asset security, accessibility, and innovation within the Polkadot ecosystem to ultimately encourage more growth and broader adoption.

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About Velocity Labs

Velocity Labs is a core contributor to Polkadot, dedicated to transforming it into the premier platform for DeFi development in Web3. As strategic partners, we empower builders and infrastructure providers with comprehensive support across business development, go-to-market strategy, engineering support, and product strategy.

For more information, please visit: https://www.velocitylabs.org/

About Copper

Since being founded in 2018, Copper.co (“Copper”) has been building the standard for institutional digital asset infrastructure with a focus on custody and collateral management. Underpinned by multi-award-winning technology, Copper has built a comprehensive and secure suite of products and services required to safely custody and trade digital assets. At the core of Copper’s infrastructure is ClearLoop, which enables clients to manage collateral and settle trades across multiple exchanges, while mitigating counterparty risk and increasing capital efficiency.

For more information, please visit: www.copper.co

LinkedIn: Copper.co

X (formerly Twitter): @CopperHQ

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