Crypto custody firm Copper has potential buyers. But offers are way below its $500 million asking price

Once valued at $2.5 billion, Copper was being marketed by investment bank Cantor Fitzgerald at around $500 million in May this year.

Copper has two or three offers at around the $200 million price tag, according to a source familiar with the matter.
With depressed market prices, firms that previously touted valuations in the billions are now on the block for an order of magnitude less.

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As stablecoins move into regulated finance, APAC is becoming a key proving ground. This report maps the region’s rules, use cases, and RLUSD’s role.

Why it matters :

As stablecoins move into regulated finance, APAC is becoming a key proving ground. This report maps the region’s rules, use cases, and RLUSD’s role.

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Disclaimer: This article is for information only and does not constitute investment advice. Digital assets involve substantial risk.