Crypto custody firm Copper is looking to sell the company for $500 million

Crypto custody firm Copper is seeking to sell the company for $500 million amid a challenging market environment. The firm, which provides services for institutional investors, has faced increased competition and regulatory scrutiny. Copper's management believes that a sale could provide the necessary resources to enhance its offerings and expand its market presence. Potential buyers are being approached as the firm aims to capitalize on its established reputation in the crypto custody space.

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