On October 24, 2024, Cobo's leaders took the stage at the Cyberport Venture Capital Forum (CVCF) in Hong Kong, joining industry voices to discuss the evolving landscape of Bitcoin and the critical role of secure custody solutions. Representing Cobo, Isabella Yu, Head of Business Development, and Lucas Yang, Head of Sales and Solutions, shared insights on the future of digital asset engagement and security.

Navigating the Bitcoin Ecosystem

In a panel titled Navigating the Bitcoin Ecosystem: Trends, Challenges, and Future Opportunities, Isabella joined Jeffrey Broer of Mulana Capital, Catherine Chan of Solv Protocol, and moderator Winston Tse of Tokalent and EmergentX. Together, they explored Bitcoin’s expanding use cases beyond simple holding. Isabella highlighted the growing enthusiasm around scaling and data handling technologies like inscriptions and Layer 2 solutions, reflecting a strong desire for active involvement among Bitcoin holders.

With BTC liquid staking platforms like Babylon, Bitcoin holders now have secure, trustless options to generate yield directly on the Bitcoin mainnet, expanding Bitcoin's role in decentralized finance (DeFi). Isabella underscored how custody providers like Cobo are crucial in this evolution, supporting Bitcoin holders with secure, adaptable infrastructure across a range of protocols.

Financial Innovation and Custody’s Role in Digital Asset Security

In his keynote on Financial Innovation in Digital Asset Custody, Lucas addressed the critical challenges of Web3 security, noting that $2.2 billion was lost in Web3-related breaches in 2023. He emphasized that a "Security First" approach is paramount as custody providers like Cobo work to protect digital assets in an environment of escalating risks.

Lucas showcased how Cobo integrates multi-layered security checkpoints and risk controls throughout the user journey, ensuring that assets remain secure at every stage. He highlighted the adaptability of custody solutions, from basic wallet services to advanced on-chain access controls, emphasizing that effective custody solutions must address a range of user needs while maintaining stringent security standards.

The Future of Custody in the Digital Asset Landscape

As digital asset ecosystems expand, the need for secure custody grows, not only to protect assets but to empower users to engage meaningfully within the ecosystem. 

Cobo’s presence at CVCF underscored a commitment to both innovation and security, ensuring that Bitcoin and other digital assets can be held, staked, and used with confidence.