As the crypto industry matures, investors and developers are looking to all-in-one solutions to simplify asset management and accelerate blockchain development. Cobo Portal, launching today, offers multiple wallet technologies, a comprehensive developer console, advanced risk control functions, and seamless Web3 access–all under one roof.

Singapore, June 27, 2024 – Cobo, a digital asset custody and wallet infrastructure provider, today announced the launch of Cobo Portal, the industry’s only one-stop platform that simplifies the process for businesses to build on a highly scalable wallet infrastructure and manage their digital assets securely. 

As the blockchain pioneer in APAC, Cobo uniquely serves as a pivotal connector between the dynamic APAC crypto-native community and the global ecosystem. This launch marks a significant evolution in meeting the growing demand for a scalable blockchain solution that empowers developers worldwide. 

Recent approvals of spot Bitcoin and Ethereum ETFs have legitimized cryptocurrencies as a viable asset class and injected liquidity into the market, signaling an extended bull run. Amid heightening confidence, Cobo is witnessing increased institutional demand to enhance traditional asset management and diversify product offerings through blockchain technology, such as tokenizing real-world assets. At the same time, more companies and developers are building real-world applications on blockchain infrastructure, including payment gateways that enable businesses to accept digital assets as payment.

“We are incredibly bullish on the market's prospects. With institutionalization materializing, crypto finance is maturing into a stable ecosystem from 2024 onwards, serving real-world needs,” said Discus Fish, Co-Founder and CEO of Cobo. “Like the tech industry's shift towards cloud services, we see a similar trajectory in crypto, with solution providers building unified platforms to overcome tech silos that hinder development. With a deep understanding of industry’s pain points, Cobo Portal is our answer to the complexities of securely managing digital assets and accelerating blockchain development. It offers digital asset businesses a seamless, institutional grade solution for building innovative applications with ease.”

Today, alongside the surge in institutional interest, there is a new wave of builders creating applications and services that have attracted mainstream appeal. Notably, Cobo played a pivotal role in numerous high-profile projects, underscoring its leadership in driving innovation within the industry. Cobo powers Merlin Chain, a prominent Bitcoin Layer 2 project, offers the industry’s first Wallet-as-a-Service API for staking Bitcoin on Babylon Chain, and developed a customized Multi-Party Computation (MPC) wallet solution for FBTC, a liquid Bitcoin asset designed to facilitate yield generation.

Cobo Portal: Reducing Complexities for Digital Asset Businesses

Envisioning a future focused on developing genuinely useful applications by startups and corporations alike, Cobo Portal is a landmark for digital asset businesses and the broader crypto industry. Akin to the tech industry's adoption of cloud service providers like Amazon Web Services (AWS), Google Cloud Platform (GCP), and Azure, Cobo Portal offers exceptional scalability and convenience without compromising security. Its intuitive user interface features a unified dashboard and developer console, making application development and treasury management straightforward.

All-in-One Wallet Platform

Cobo Portal is the industry's only platform offering four distinct wallet technologies—Custodial Wallets, MPC Wallets, Smart Contract Wallets, and Exchange Wallets—integrated into a single, user-friendly interface. With Cobo's industry-leading support for over 3,000 tokens across 80 chains, veterans and newcomers alike can effortlessly secure their assets and build applications without prior blockchain expertise. This versatility is tailored for a wide range of use cases, enabling seamless asset interoperability between CeFi and DeFi on a unified platform.

Top Security Standards

With a flawless track record of zero incidents and seven years of experience in secure digital asset management, Cobo has established itself as the industry’s gold standard. Cobo Portal further solidifies this reputation with even more advanced risk management capabilities. These encompass customizable user roles, on-chain and off-chain transaction policies, governance rules, and approval workflows, ensuring complete end-to-end asset protection.

Seamless Development Environment

Cobo Portal offers an intuitive tech stack and comprehensive developer support. With complete documentation and support across all popular programming languages, blockchain developers can quickly integrate Cobo’s Wallet-as-a-Service (APIs & SDKs) into their applications with just a few lines of code, drastically reducing time-to-market. Additionally, a dedicated team of crypto-native experts provides technical support and guidance, ensuring users can leverage the platform’s full potential effectively, even with little to no blockchain experience.

“Our focus on developer-friendly tools, robust risk controls, and advanced security techniques sets Cobo Portal apart,” said Dr. Changhao Jiang, Co-Founder and CTO of Cobo. “Developed by crypto-native developers for developers, we deeply understand the core requirements to successfully scale crypto businesses. By offering a full suite of custody and wallet infrastructure solutions in a single, unified platform, we empower companies and developers with easy access to diverse functionalities, streamlining and securing their operations, regardless of their Web3 experience level.”

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 and headquartered in Singapore, Cobo is a blockchain pioneer trusted by more than 500 leading digital asset businesses globally, safeguarding billions of dollars in assets. Cobo offers the industry’s only unified wallet platform that integrates four distinct 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.