Crypto exchange Kraken adds support for Copper’s ClearLoop

Crypto exchange Kraken added support for Copper’s ClearLoop, enabling institutional clients to settle their trades on Copper’s infrastructure instead of the exchange itself.

ClearLoop enables such traders to trade virtual balances on exchanges, while the actual settlement takes place on its own network. This means that these traders have their token balances secured by Copper, as opposed to having them stored on exchanges.