Tokarev's Bron Labs Aims to Solve Crypto's Security-Usability Conflict

Copper Founder Dmitry Tokarev is Set to Launch a New Self-Custody Platform. As the crypto industry grapples with escalating security challenges in self-managed digital assets, Tokarev has unveiled plans for Bron Labs, a self-custody platform designed to enhance security for both consumers and professionals. The platform, announced on October 28, aims to address vulnerabilities in current custody solutions while leveraging Tokarev's experience as founder of Copper, a crypto custody firm recently led by former Goldman Sachs Managing Director Amar Kuchinad.

Bron Labs has already secured $15 million in funding this year, with participation from notable investors including LocalGlobe, Fasanara Digital, and GSR. The capital infusion underscores growing demand for robust custody infrastructure as institutional and retail adoption of digital assets accelerates. Tokarev's new venture comes amid a broader industry push to modernize security frameworks, particularly in light of high-profile hacks and regulatory scrutiny.

The launch of Bron Labs marks a strategic pivot for Tokarev, who previously oversaw Copper's expansion into enterprise-grade custody services. Copper's recent appointment of Kuchinad as CEO signals a transition in leadership, allowing Tokarev to focus on innovation at Bron Labs. This move aligns with a trend of crypto founders diversifying their portfolios to address fragmented infrastructure gaps, particularly in the self-custody space.

Industry analysts note that Bron Labs' success will depend on its ability to differentiate from existing solutions. Current self-custody platforms often struggle to balance user-friendly interfaces with enterprise-level security, a challenge Tokarev aims to resolve through advanced cryptographic techniques and modular architecture. The platform's development also coincides with increased regulatory clarity in major markets, which could lower barriers to adoption for institutional clients.