SINGAPORE - November 28, 2024 – Cobo, a leading global provider of digital asset custody solutions, is pleased to announce its integration with Zircuit, a L2 ZK rollup, that has amassed a Total Value Locked (TVL) of over $2 billion. This partnership enables Cobo users to securely store and manage $ZRC within their Custodial Wallets and Multi-Party Computation (MPC) Wallets, while benefiting from unparalleled security and reduced operating costs enabled by the latest research in Layer-2 technology. 

As a trusted leader in digital asset custody, Cobo provides the industry's widest token and chain coverage, supporting over 3,000 tokens across over 80 blockchains. By integrating Zircuit's blockchain into its extensive network, along with support for the newly launched $ZRC token, Cobo aims to provide the Zircuit ecosystem with improved asset custody, seamless on-chain interactions, and secure token management. 

“Our collaboration with Zircuit highlights Cobo’s dedication to enabling secure and scalable access to the next generation of blockchain ecosystems,” said Dr. Changhao Jiang, Co-Founder and CTO of Cobo. “Zircuit’s focus on security and high performance aligns perfectly with our mission to deliver institutional-grade custody and wallet solutions. Together, we’re creating a foundation for secure, scalable growth for both ecosystems.”

The collaboration delivers key benefits for all stakeholders:

• Enhanced Security: Zircuit protects users by monitoring the mempool for malicious transactions at the sequencer level, preventing potential threats before they occur. Combined with Cobo’s industry-leading custody solutions, this ensures a secure environment for users and institutions alike.

• Streamlined Custody and Access: Cobo users gain seamless access to Zircuit’s ecosystem, allowing them to securely manage assets and participate in staking and other protocols.

• Ecosystem Growth: Zircuit’s integration with Cobo opens doors for onboarding new protocols and users.

“Partnering with Cobo enhances the Zircuit ecosystem by delivering secure, scalable custody solutions for our growing user base,” said Angel Xu, Co-Founder of Zircuit. “As the safest chain for staking, we’re thrilled to work with a trusted custody leader like Cobo to bring more confidence and utility to our community.”

This partnership underscores Cobo’s role as a trusted partner for innovative blockchain solutions and highlights Zircuit’s position as a leading secure platform for staking. Together, Cobo and Zircuit aim to set new standards in security, scalability, and usability for Layer 2 ecosystems.

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 Zircuit 

Zircuit is a ZK rollup with AI-enabled sequencer-level security and parallelized circuits. Built by a team of web3 security veterans and PhDs in computer science, algorithms, and cryptography, Zircuit’s unique architecture combines the best of both worlds of performance and security. With cutting-edge performance and security at the sequencer level, users can explore new frontiers with faster transactions, reduced fees, and complete peace of mind. 

Visit www.zircuit.com for more information.