Cobo Extends MPC Solutions through New Integration with BOB
September 25, 2024
Singapore - September 20, 2024 - Cobo, a leading provider of digital asset custody solutions, announced its new integration with BOB, a hybrid L2 that combines the security of Bitcoin with the versatility of Ethereum.
BOB, a Bitcoin Layer 2 solution connected to both Bitcoin and Ethereum, sources liquidity from the two largest blockchain ecosystems and positions itself to be the market's top solution for DeFi mass adoption. Through its partnership with Cobo, BOB will integrate with Cobo's MPC wallet solution, providing enhanced security and functionality for projects and institutions operating on the BOB network.
As a leader in the field, Cobo offers unparalleled support for a broad spectrum of digital assets, encompassing over 2,500 tokens across more than 80 blockchain, including Babylon, TON, Scroll, and Merlin, and many more. Cobo's extensive expertise and token support are set to empower the BOB community, addressing the varied requirements of its expanding user base and advancing the development of the BTC and ETH ecosystem.
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 BOB
BOB ("Build on Bitcoin") is a first-of-its-kind hybrid Layer-2 powered by Bitcoin and Ethereum. By combining the security, liquidity, userbase, and innovation of the two largest blockchain ecosystems, BOB closes the gap between Bitcoin as a vehicle for mass adoption and Ethereum as a hub for innovation. This is achieved through BOB's rollup ecosystem that will use Bitcoin for security while enabling users to access all the on and off-ramps, dapps, stablecoins, NFTs, DeFi, etc. made possible by Ethereum's EVM. BOB is backed by Castle Island Ventures, Coinbase Ventures, Mechanism Capital, Bankless Ventures, and other high-profile VCs and is positioned to become the most secure and accessible Layer-2 for builders and users.