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Crypto Custody Firm Copper Attracts Buyers, Yet Bids Fall Far Short of $500M Valuation Target
25.08.2026 17:18
Copper, a prominent cryptocurrency custody firm, has reportedly drawn interest from potential acquirers. However, preliminary offers are significantly below the company's ambitious $500 million asking price, according to sources familiar with the matter. The valuation gap highlights ongoing challenges in the digital asset sector, as investors remain cautious amid market volatility. Despite the lower bids, the existence of multiple interested parties signals sustained strategic value in crypto infrastructure. Copper's board is expected to weigh options, balancing shareholder returns against long-term growth prospects in the institutional custody niche.
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