Babylon Staking App Launched! Enjoy waived custody fees for Cap-3.

Learn more
close

Strategic Partnership Announcement: Zulu Network x Cobo

October 03, 2024

We are thrilled to announce our partnership with Zulu Network to offer Cobo’s advanced Multi-Party Computation (MPC) technology to strengthen and scale their operations within the Bitcoin ecosystem. By integrating with Cobo’s industry-leading custody and wallet infrastructure, Zulu will enhance the security and efficiency of its asset management, staking, and bridging solutions.

Cobo’s MPC wallet solution offers a decentralized approach to key management, ensuring that private keys are never fully exposed, reducing risks associated with single points of failure. This cutting-edge technology provides a robust layer of protection while maintaining the flexibility needed for seamless asset movement and operations.

With Cobo’s announcement of its latest unified wallet platform — Cobo Portal, Zulu is positioned to offer more innovative services to our users, enabling them to manage and grow their Bitcoin holdings with confidence. Whether it’s staking Bitcoin for rewards or bridging assets across chains, Cobo’s comprehensive infrastructure allows Zulu to automate processes securely and efficiently.

This partnership ensures that Zulu can continue to drive growth and innovation in the Bitcoin ecosystem, all while maintaining the highest security standards and compliance.


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.

Website | Twitter | LinkedIn | YouTube

About Zulu Network

Zulu Network is a new class of Bitcoin Layer 2 to move the Bitcoin economy forward, empowering the Bitcoin ecosystem through exciting innovations. Zulu is the first Bitcoin Layer 2 to achieve Bitcoin-level security using BitVM2, enabling developers to seamlessly deploy dApps on both EVM & UTXO layers.

Zulu is a recognized key contributor to BitVM, poised to launch the first trust-minimized Bitcoin bridge. Join their 765k+ users and start earning and shaping the future on Bitcoin with Zulu.

Website | Twitter | Telegram | Discord

View more

Get the latest blockchain insights in your inbox