Bybit arms institutional investors with ClearLoop integration
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Bybit is now live and operational with Copper’s ClearLoop network that offers clients off-exchange settlement that not only mitigates exchange counterparty risk, but also provides the appropriate tools for capital efficiency management.
While assets remain under secure Multi-Party Computation custody at Copper, the integration with the ClearLoop network allows investors to trade on Bybit and settle off-chain, nearly instantly. This is crucial during times of volatility when blockchain transaction confirmation times increase substantially as traders look for opportunities.
Bybit now sits alongside major industry exchanges within the ClearLoop network that honor the pillars of good governance by being transparent, accountable and above all, safe.