Crypto custodian provider Copper is in talks for an IPO, with Goldman Sachs, Citigroup and Deutsche Bank likely participating

According to BlockBeats news, on January 30, cryptocurrency custody provider Copper is conducting preliminary negotiations for a potential public listing. According to people familiar with the matter, Goldman Sachs, Citigroup and Deutsche Bank may be involved in the listing, and the final decision will depend on the company's recent revenue performance.

It is reported that Copper provides institutional-grade crypto infrastructure based on multi-party computation (MPC) technology, including custody, settlement, and prime brokerage services, aiming to reduce counterparty risk for banks and trading firms.