News/UK-Based Banking Giant Barclays Is Expected to Join a Funding Round for Copper

UK-Based Banking Giant Barclays Is Expected to Join a Funding Round for Copper

Jul 25,2022,09:46
According to Sky News, Barclays is expected to join a funding round for UK-based crypto financial services firm Copper. The deal is set to finalize within the next few days. Barclays is expected to invest a "relatively modest sum in the millions of dollars". Previously, Copper has been looking to raise at least $500 million in the past few months, seeking an evaluation in the billions of dollars, but has run into regulatory issues in the UK.
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