COPPER ADDS SUPPORT FOR NIGHT

What happens when privacy meets institutional adoption in Web3? That’s the question behind the latest partnership between Copper, a leading digital asset custodian, and the Midnight Foundation, the team building Cardano’s privacy-focused sidechain (separate blockchain networks that connect to a parent blockchain).

The big news: Copper will now support the distribution and custody of NIGHT- Midnight’s native token. In simple terms, Copper will help securely issue and hold NIGHT for investors and institutions, providing a trusted gateway into the Midnight ecosystem.

But this move isn’t just about another token launch. It’s about blending programmable privacy with the institutional confidence needed to bring Web3 closer to mainstream adoption. Copper’s official announcement highlights its significance for Midnight and for the future of decentralized privacy.

In this article, you’ll learn what the partnership means, why it matters, and how it could reshape trust in Web3.

What is Midnight and NIGHT?

Midnight is a new, fourth-generation blockchain designed to address one of Web3’s most significant challenges: privacy. It utilizes zero-knowledge cryptography, also known as zero-knowledge proof, a technology that enables individuals to prove information without revealing every detail. This means developers can build apps that protect user data while still following necessary compliance rules.

At the heart of Midnight is its native token, NIGHT. The token isn’t just for transactions. It powers governance (giving holders a voice in decisions), rewards contributors, and enables participation in the network’s activities.

To make sure adoption is broad, 24 billion NIGHT tokens were distributed across some of the largest blockchain communities, including Cardano, Bitcoin, Ethereum, and Solana. This wide distribution helps spread ownership and encourages cross-chain collaboration.

By combining privacy, compliance, and inclusivity, Midnight positions itself as a major step forward for the future of decentralized applications.

Why Copper Matters in this Partnership

Copper.co, founded in 2018, has built a strong reputation for providing custody and collateral management services to big financial institutions. Its focus is simple: keeping digital assets safe while making trading more efficient.

●       One of Copper’s standout features is its MPC custody (multi-party computation). Think of it like splitting a secret into several locked boxes. Instead of one person holding the full private key to access funds, the key is divided into secure parts. This setup makes it far harder for hackers or bad actors to break in.

●       Another key innovation is ClearLoop, Copper’s real-time collateral management tool. It allows institutions to trade faster, while reducing counterparty risk; the danger of losing funds if a trading partner fails to deliver.

Why does this matter? Institutions want strong security, compliance with regulations, and smoother operations. Copper provides exactly that, creating a trusted bridge between traditional finance standards and the fast-moving blockchain world.

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Privacy + Compliance: Why This Partnership is a Big Deal

One of the biggest reasons large institutions hesitate to enter the blockchain space is privacy. On most blockchains, every transaction is fully visible on a public ledger. That openness builds trust, but it also creates a problem for businesses that handle sensitive data, like banks or investment firms.

Midnight, Cardano’s data-protection sidechain, is tackling this challenge by building privacy layers that still meet regulatory standards. That means companies can protect confidential information without breaking compliance rules. To strengthen this vision, Midnight partnered with Copper, a leading digital asset custodian, to handle the distribution of its NIGHT token. Copper brings trusted custody practices, making sure tokens are managed in a secure, regulated way.

As Fahmi Syed from the Midnight Foundation explained, institutions need both privacy and compliance. This partnership shows that Midnight is creating the bridge they’ve been waiting for.

Conclusion

The collaboration between Copper and Midnight is more than just another partnership in blockchain. By combining Copper’s trusted custody and compliance solutions with Midnight’s focus on privacy and data protection, the new token, NIGHT, is shaping up to be a bridge between institutions and Web3.

Readers should care because this model could redefine how banks, businesses, and regulators view blockchain. Looking ahead, partnerships like this will decide which projects break through into real-world adoption.