Copper Network

The Copper Network is a secure and programmable infrastructure designed to facilitate bilateral settlements and one-way transfers between institutional counterparties. It minimizes counterparty risk by supporting atomic settlement mechanisms and integrates seamlessly with Copper’s custody and trading systems. The network enables crypto-to-crypto and fiat-linked transactions with full transparency and operational control.

Features

• Support for Payment vs Payment (PvP) and Free of Payment (FoP) settlement types
• Real-time monitoring and approval of settlement orders
• API-based creation and management of settlement instructions
• Integration with ClearLoop for off-exchange settlement
• Role-based access and co-signing workflows
• Retrieval and management of network participants
• Detailed transaction metadata and audit trails
• Customizable delivery types and fee handling

Capabilities

• Execute bilateral and one-way transfers with programmable logic
• Create settlement orders with parameters like amount, currency, counterparty, and delivery type
• Monitor settlement status and trigger approvals or cancellations
• Retrieve and manage counterparties within the Copper Network
• Automate settlement workflows via Copper’s public API
• Configure transaction fees, limits, and co-signing requirements
• Ensure atomicity in PvP settlements to reduce risk exposure

Benefits

For Institutions:

• Reduced counterparty and settlement risk through atomic PvP logic
• Enhanced operational efficiency with automated settlement workflows
• Full control over transaction parameters and counterparties
• Improved transparency and auditability of settlement activity
• Seamless integration with custody and trading infrastructure For Trading Desks and Custodians:
• Faster settlement execution with programmable API access
• Secure and compliant infrastructure for high-value transfers
• Simplified counterparty management and transaction tracking
• Flexible support for various asset types and delivery models