Barclays snaps up stake in $2bn cryptocurrency firm Copper

Barclays is taking a stake in Copper, one of the most prominent names in the fast-evolving cryptocurrency sector, even as the industry continues to be rocked by a swathe of bankruptcies.

The fundraising is expected to be finalised within days.

Copper provides custody, prime broking and settlement services to institutional investors deploying money into crypto assets.

Read more: Sky News