Crypto custody firm Copper has potential buyers. But offers are way below its $500 million asking price

Crypto custody firm Copper is attracting potential buyers, but the offers under consideration are reportedly well below the company’s $500 million asking price. CoinDesk reported that investment bank Cantor Fitzgerald was marketing Copper at around $500 million in May 2026. The valuation marks a substantial decline from the firm’s previous $2.5 billion valuation. The available information does not identify the potential buyers or disclose the value of the offers. Copper’s current sale process therefore remains centered on a wide gap between the asking price and bids being discussed. The figures provide a snapshot of the pressure on the company’s valuation as it is marketed for sale, while no final transaction terms have been reported.