The Difference Between a Prime Broker and a Traditional Prime Broker

With coppe, copper actually holds your funds. You don't have custody over it, but they do rite. So unlike fireblocks, coppers axtually custodia, i think. But it's not more custodia than fireblocks, since copper ijust replaces the exchange. Ye oo. Whati. When i saw it, when i fast e first metebot is, my initial question was, so how is this different from a traditional prime broker model? A. Prime brokers were invented because hetch funds wanted to trade derivatives with many different counter parties. They didn't want to post clatt themselves and negotiate credit themselves with each. Some of the oldest pension funds