Foresight News|Aug 25, 2026 13:57
[Insider: Potential Buyers for Crypto Custody Firm Copper Offer Far Below Previous $500 Million Valuation]
Foresight News reports, citing CoinDesk and insiders, that crypto custody firm Copper, once valued as high as $2.5 billion, has attracted interest from potential buyers, but the offers are only $200 million—far below the $500 million bid made by Cantor Fitzgerald a few months ago. Insiders revealed that after raising over $300 million at a high valuation, the company is now facing challenges related to preferred shares.
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