Copper: a secure key service for Gram
Crypto

Copper: a secure key service for Gram

By Marco Cavicchioli - 8 Oct 2019

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Copper has launched a service for the generation of secure keys to receive Gram tokens. 

In fact, Copper deals with cryptocurrency custody services, as well as acquisitions, transfers and brokerage, and declares to be the first to integrate a TON (Telegram Open Network) key generator to allow investors who have purchased Gram tokens to receive them once issued. 

TON will be launched at the end of October, at which point the Gram tokens will finally be available. In order to receive them, you will need to have special public and private keys: Copper declares to be able to generate these keys within its Copper Unlimited application, which already allows you to safely store 78 other digital resources. 

In addition, this application will also support staking, settlement and Gram token exchange. 

So far, Copper declares that it has already received requests from Gram’s investors for the custody of tokens for a total value of about $600 million dollars. 

Let us remember that Gram’s private sale has raised about $1.7 billion. 

Copper’s founder and CEO, Dmitry Tokarev, said: 

“Telegram’s project has been eagerly anticipated since its impressive and widely-covered fundraise in 2018. Now TON is set to launch in late October, Copper is happy to offer public and private keys to Gram investors looking for additional security for their investment.

Telegram delivering on its fundraising promises is a big step in terms of showcasing maturity and credibility in the blockchain industry – and we are very proud to support it using our institutional-grade digital ecosystem”.

Copper designs and develops an infrastructure that enables institutions to acquire, store and exchange digital resources in a way that meets global regulatory standards. Its multi-signature application is designed to enable institutions to ensure that their capital is not at risk of theft, and to verify that funds do not come from hacking or illegal activities. 

Marco Cavicchioli
Marco Cavicchioli

Class 1975, Marco teaches web-technologies and is an online writer specializing in cryptocurrencies. He founded ilBitcoin.news, and his YouTube channel has more than 11 thousand subscribers.

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