Cobo Integrates Morph to Expand Multi-Chain Custody for Ethereum’s Consumer-Centric Layer 2
January 13, 2025
SINGAPORE – January 13, 2025 – Cobo, a leading provider of digital asset custody solutions, has announced its integration with Morph, the global consumer layer for driving blockchain adoption. This partnership provides Morph’s ecosystem participants with access to Cobo’s leading-edge Custodial and MPC Wallets, reinforcing Cobo’s commitment to secure, scalable multi-chain custody while supporting Morph’s consumer-focused growth.
Morph, backed by industry giants like Bitget, DragonFly Capital, and Pantera Capital, leverages a hybrid ZK and Optimistic roll-up technology to deliver a blockchain infrastructure tailored for mainstream consumer applications. As the global consumer layer, Morph offers developers a scalable, user-friendly foundation for creating mass-market applications.
With this integration, Morph joins Cobo’s extensive ecosystem of over 80 blockchains and 3,000 tokens, offering users and developers robust security measures and best-in-class custody solutions to protect and manage their digital assets.
Key Aspects of the Integration:
Security-First Custody Solutions: Cobo’s Custodial Wallets deliver a secure infrastructure to protect digital assets within the Morph ecosystem, aligned with regulatory and compliance standards.
Operational Efficiency: Cobo’s wallet solutions simplify Morph’s operational processes by reducing complexity while maintaining security for clients.
Support for Ecosystem Growth: By integrating Cobo’s Custodial and MPC Wallets Morph aims to onboard additional protocols and developers, creating opportunities for broader adoption.
This integration reflects an effort to strengthen Morph’s ability to address the challenges of scaling consumer-oriented blockchain applications while maintaining high security and compliance standards.
“Our collaboration with Morph is part of Cobo’s ongoing commitment to delivering robust, scalable digital asset solutions,” said Dr. Changhao Jiang, Co-Founder and CTO of Cobo. “By providing secure custodial services, we support the growth of Morph’s ecosystem and its ability to meet the needs of developers and users in the blockchain space.”
"We're removing the complexity from asset management with Cobo's custody solutions, allowing developers building on Morph to focus on innovating and scaling consumer-ready applications", said Cecilia Hsueh, Co-Founder and CEO of Morph. "Our integration with Cobo strengthens our commitment to providing developers with everything they need to drive mainstream blockchain adoption."
About Cobo
Cobo is a trusted leader in digital asset custody and wallet infrastructure, providing an all-in-one platform for organizations and developers to easily build, automate and scale their digital asset businesses securely.
Founded in 2017 by blockchain pioneers and headquartered in Singapore, Cobo is trusted by more than 500 leading digital asset businesses globally, safeguarding billions of dollars in assets. Today, Cobo offers the industry's only unified wallet platform that integrates all four digital asset wallet technologies – Custodial Wallets, MPC Wallets, Smart Contract Wallets, and Exchange Wallets. Committed to the highest security standards and regulatory compliance, Cobo has a zero-incident track record and holds ISO 27001, SOC2 (Type 1 and Type 2) certifications, as well as licenses in multiple jurisdictions. Recognized for its industry-leading innovations, Cobo has received accolades from prestigious entities such as Hedgeweek, Global Custodian, among others.
For more information, please visit www.cobo.com.
About Morph
Morph is the pioneering global consumer layer, acting as the distribution hub for the resources builders need to launch and scale for the mass market. It leverages a hybrid solution of ZK and Optimistic roll-up technology and a decentralized sequencer to enable limitless possibilities within mainstream audiences, making it a user-friendly option for developers who require a chain to build these types of apps. For more information, please visit https://www.morphl2.io/.