At Cobo, we’re constantly working to deliver innovative solutions that empower our clients to stay ahead in the ever-evolving crypto landscape. Today, we’re excited to announce the launch of the Staking application on Cobo Portal Apps. 

Cobo Portal Apps is our app store within Cobo Portal that offers a vetted list of applications designed to optimize business operations and accelerate development. By bringing the Staking app into this platform, we empower institutional clients and large-scale miners to streamline their staking and restaking activities and maximize returns within the Bitcoin DeFi (BTCFi) ecosystem.

Our track record speaks for itself. During the first two phrases of Babylon’s BTC staking program, Cobo played a pivotal role:

• Cap-1: Over 700 BTC staked, representing more than 70% of total participation.

• Cap-2: A staggering 4,160 BTC staked, seamlessly facilitated through our advanced technical solutions.

As Cap-3 approaches, institutional clients and large-scale miners can use our new Staking application within the Cobo Portal to participate; Cobo’s robust risk control mechanisms ensure comprehensive security throughout the staking process.

Additionally, we’re thrilled to share that all Cobo Portal participants in the Cap-3 phase will enjoy waived custody fees for their staked BTC throughout the staking period.

Stay tuned for more updates as we continue to advance the boundaries of Bitcoin staking with Babylon.

Get in touch with us today to get started!