Huoxun Finance reported on January 29th that, according to CoinDesk, London-based crypto custody company Copper is in early discussions evaluating a potential initial public offering (IPO). Sources indicate that Goldman Sachs, Citi, and Deutsche Bank may participate in the listing plans. Copper's final decision will depend on recent revenue performance, and a spokesperson stated that the company currently has no plans for an IPO but did not deny that discussions are underway. If the listing is successful, Copper will become the second crypto infrastructure company to enter the public market after its competitor BitGo. BitGo listed on the New York Stock Exchange last week at $18 per share, with an initial market capitalization of approximately $2 billion. Previously, it was reported that Copper's founder launched BronLabs, focusing on digital asset security, raising $15 million in early funding. BitGo's stock rose approximately 20% on its first day of trading on the NYSE, reaching a peak valuation of $2.6 billion during the day.
Crypto custody company Copper is considering an IPO, with Goldman Sachs, Citigroup, and others potentially participating.
2026-01-29 17:01:02
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