Singapore - September 26, 2024 - Cobo, a leading provider of digital asset custody solutions, announced a partnership with Nemean Services to provide key recovery services for Cobo's MPC wallet solution, ensuring secure access to funds in case of key loss or service disruptions. Clients can now benefit from:

• Decentralized Private Key Management: Private keys are never fully exposed or stored in a single location, reducing the risk of theft or loss. This solution mitigates the likelihood of online hacks while ensuring that funds remain accessible to clients in recovery scenarios.

• Enhanced Institutional Security: MPC technology ensures that no single point of failure can compromise wallet security, making it ideal for enterprises managing large amounts of digital assets.

• Industry-Leading Innovations: Cobo’s wallet solutions are designed to evolve with the rapidly changing crypto landscape, allowing clients to have the latest toolings to stay ahead of trends.

Having a trusted key recovery partner provides clients with peace of mind. They serve as a crucial safeguard in the event of unforeseen circumstances, such as a client losing access to their private keys or any unforeseen service disruption. This partnership highlights Cobo and Nemean's shared dedication to cutting-edge security, ensuring that clients can confidently manage and transact digital assets.

About Cobo

Cobo is a trusted leader in digital asset custody and wallet infrastructure solutions. Founded in 2017 by blockchain pioneers, Cobo is trusted by more than 500 organizations worldwide, safeguarding billions of dollars in assets with a zero-incident security track record.

Today, Cobo provides the industry’s only unified digital asset wallet platform that integrates all 4 wallet technologies in one place – Custodial Wallets, MPC Wallets, Smart Contract Wallets, and Exchange Wallets. By combining a comprehensive suite of wallet solutions with advanced risk controls and developer tools, Cobo empowers organizations and developers to innovate and scale with ease.

Visit www.cobo.com for more information.

About Nemean

Nemean Services is a premier provider of data backup, audit, and digital asset recovery services. Based in London, United Kingdom, Nemean specialises in air-gapped cold storage, offering client funds unmatched protection against unauthorised access and data breaches. It ensures data integrity through diligent auditing, insurance coverage, and robust due diligence procedures.

In the event of data loss, Nemean swiftly executes asset recovery, minimising downtime and disruptions, and ensuring business continuity. This reliability is anchored in strong data management practices, backed by ISO 27001 and SOC 2 accreditations. Nemean partners with crypto custodians and represents institutional investors, currently providing storage and recovery services for over 200 institutional accounts worldwide.