🧱 Crypto infrastructure keeps stepping into public markets
Custody firm Copper is reportedly evaluating a potential IPO, with Goldman Sachs, Citi, and Deutsche Bank said to be involved.
This comes right after BitGo’s $2B IPO, reinforcing a clear trend:
📉 less focus on speculative tokens
📈 more attention on custody, compliance, and financial plumbing
Interesting shift as institutions prioritize revenue, regulation, and resilience over narratives.
Thoughts? 👇