Falconx, a provider of institutional-grade crypto trading infrastructure, has announced an integration with Copper’s Clearloop network, expanding the capabilities of its Prime Connect product. The integration is specifically designed for clients using Falconx’s Direct Market Access (DMA) service on the Bybit exchange.
Key Features: Off-Exchange Custody and Leveraged Trading
Through this integration, DMA clients can custody their digital assets off-exchange while executing trades directly on Bybit. This model eliminates the need to post collateral on the exchange, significantly reducing counterparty risk associated with exchange-held funds. Falconx’s DMA offering already provides a unified access point to multiple global exchanges, and the addition of Clearloop connectivity further strengthens institutional-grade risk management.
Clients accessing Bybit via Falconx DMA with Clearloop can now enjoy up to 5x leverage, consolidate margin and risk across multiple venues, and gain near real-time visibility into off-exchange balances and settlement status. These features enable institutions to manage capital more efficiently while maintaining full control of their assets at all times.
Executive Commentary: Security Meets Capital Efficiency
Adam VandenBoogaard, Head of Revenue – Americas at Copper, stated: “This collaboration enhances security and capital efficiency for our institutional clients. Clearloop is purpose-built to address core pain points in exchange-based custody, and integrating with Falconx brings these benefits to a wider set of traders.”
Industry Context: Second PrimeConnect Deployment
This marks the second deployment of Falconx’s Prime Connect product, following a recent integration with Ceffu for Binance. Falconx’s strategy is to create a unified settlement layer across top exchanges by connecting with multiple leading custody and settlement networks. As institutional demand for crypto trading grows, off-exchange settlement solutions are becoming critical for managing counterparty risk and capital allocation.
By pairing Falconx’s DMA with Copper’s Clearloop, institutions trading on Bybit now have a robust solution that combines high leverage with the safety of off-exchange custody. This development is likely to accelerate adoption among hedge funds, asset managers, and other professional traders seeking a secure, capital-efficient trading environment.