Cryptocurrency

State Street severs ties with Copper

Lord Philip Hammond's crypto firm loses main institutional partner following enterprise division closure

Lord Philip Hammond was appointed chair of Copper in January 2023, having served as an advisor since 2021
Lord Philip Hammond was appointed chair of Copper in January 2023, having served as an advisor since 2021 Photo: Getty Images

Sign up to the Fintech Files, your weekly crypto newsletter, brought to you by our correspondent Alex Daniel

State Street has cut ties with Lord Philip Hammond’s crypto firm Copper, a year after the two firms formed a strategic partnership on digital assets custody.

WSJ Logo