Barclays Participating in Funding Round for Crypto Firm Copper

UK-based banking giant Barclays is planning to take a stake in crypto financial services firm Copper. The bank is joining a funding round that will include other investors and is set to finalize in the next few days, according to Sky News. Barclays is expected to invest a "relatively modest sum in the millions of dollars," sources told the publication. Copper has been looking to raise at least $500 million in the past few months, seeking an evaluation in the billions of dollars.