Cobo Announces Integration with Fractal Bitcoin, a Native Scaling Solution for Bitcoin
October 18, 2024
Singapore - October 18, 2024 - Cobo, a leading provider of digital asset custody solutions, announces an integration with Fractal Bitcoin, a native Bitcoin scaling solution designed to extend Bitcoin's functionality and enable internet-scale applications. This collaboration enables Cobo users to add Fractal Bitcoin’s native token, FB, into their wallets, facilitating portfolio diversification and unlocking new opportunities within the evolving Bitcoin ecosystem.
As a trusted leader in digital asset custody, Cobo provides the industry's widest token and chain coverage, supporting more than 3,000 tokens across over 80 blockchains. Its integration with Fractal Bitcoin further enhances this extensive network, solidifying Cobo's position as a key player in the global digital asset ecosystem.
Fractal Bitcoin, co-created by experienced builders and operators in the Web3 space, is a unique scaling solution that leverages Bitcoin Core code to create unlimited recursive layers atop Bitcoin's secure blockchain. Serving as an innovation playground for Bitcoin, Fractal empowers developers with OP_CAT functionality and robust APIs, allowing for flexible deployments and rapid development of large-scale and time-sensitive applications within the Bitcoin ecosystem.
Dr. Changhao Jiang, CTO and Co-Founder of Cobo, stated, "Our integration with Fractal Bitcoin reflects our commitment to advancing and expanding the digital asset ecosystem through innovative scaling solutions. Together, we aim to establish a trustworthy foundation that empowers builders to innovate and thrive within the BTC ecosystem."
"We built Fractal Bitcoin to empower retail users with more opportunities for engagement and experimentation on Bitcoin. Fractal ensures seamless integration with existing Bitcoin infrastructure such as wallets,” said Spencer Yang, Core Contributor of Fractal Bitcoin. “We are excited to collaborate with Cobo, leveraging its established network in APAC and beyond, as well as its robust wallet infrastructure, to extend our native scaling solution to a wider global user base."
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 Fractal Bitcoin
Fractal Bitcoin is a unique scaling solution that leverages Bitcoin Core code to create unlimited recursive layers atop Bitcoin's secure blockchain, enabling infinite scalability while maintaining consistency with Bitcoin's core principles.
Serving as an innovation playground for Bitcoin, Fractal empowers developers with OP_CAT functionality and robust APIs, allowing for flexible deployments of internet-scale applications within the Bitcoin ecosystem.
For more information, please visit https://www.fractalbitcoin.io/.