Crypto custody firm Copper is currently exploring potential buyers, though the bids it has received fall well short of its $500 million asking price, according to CoinDesk.
The gap between Copper's valuation expectations and the offers on the table highlights the cautious sentiment among investors in the crypto infrastructure space amid market uncertainty.
For Japanese investors, this development comes as the domestic market continues to adapt to evolving crypto regulations and seeks reliable custody solutions amid increasing digital asset adoption.