Cobo has launched the Cobo Portal, an innovative platform aimed at transforming the landscape of blockchain development and digital asset management. This launch comes at a critical juncture in the digital finance sector, which is experiencing unprecedented growth. Cobo Portal is designed to provide businesses and developers with a comprehensive tool to navigate and excel in the evolving blockchain ecosystem.
The introduction of Cobo Portal coincides with significant developments in the digital asset market, notably the approval of Spot Bitcoin and Ethereum exchange-traded funds (ETFs). These approvals have added a layer of legitimacy to digital assets, injecting significant liquidity into the market and signaling a prolonged bull run. This has increased institutional interest in blockchain technology, and Cobo aims to meet this growing demand with a scalable and secure platform that can support the next billion users.
Beyond traditional finance, there is a growing number of companies and developers creating real-world applications on blockchain infrastructure. Examples include payment gateways that facilitate digital asset acceptance. Discus Fish, Co-Founder and CEO of Cobo, has expressed optimism about the market’s prospects, noting that with the institutionalization of crypto finance, the industry is maturing into a stable ecosystem from 2024 onwards, meeting real-world needs.
Fish has likened the current trajectory of the crypto industry to the tech industry’s shift towards cloud services. He emphasized that solution providers are developing unified platforms to overcome technological silos that impede development. With a profound understanding of the industry’s challenges, Cobo Portal is presented as a solution to the complexities of securely managing digital assets and accelerating blockchain development. It offers digital asset businesses a seamless, bank-grade solution for building innovative applications effortlessly.
Cobo Portal is a comprehensive platform that simplifies blockchain development and digital asset management by integrating four distinct wallet technologies—Custodial Wallets, Multi-Party Computation (MPC) Wallets, Smart Contract Wallets, and Exchange Wallets—into a single interface. This integration allows developers to build applications using multiple wallets, enhancing operational efficiency and flexibility.
The platform boasts robust security features and an intuitive user interface. Cobo’s seven-year track record of zero incidents underscores its reputation as a trusted entity in the digital asset space. Additionally, the platform provides advanced risk management through comprehensive on/off-chain risk controls and customizable workflows, ensuring complete asset protection.
Cobo Portal also offers extensive documentation and a dedicated crypto-native team for technical support, making it accessible even to those with little to no blockchain experience. Recognizing the fluidity and global nature of the digital assets industry, Cobo emphasizes a globalized approach. The platform facilitates access to liquidity, marketing, and customer acquisition, particularly in the Asia-Pacific (APAC) region.
Dr. Changhao Jiang, Co-Founder and CTO of Cobo, has highlighted that the focus on developer-friendly tools, risk controls, and advanced security measures sets Cobo Portal apart. Developed by crypto-native developers, the platform addresses the core needs of growing and scaling crypto businesses. By offering custody and wallet infrastructure solutions in a single, unified platform, Cobo ensures that companies and developers have easy access to various functionalities, streamlining their operations with minimal Web3 experience.
Since 2017, Cobo has played a pivotal role in driving crypto adoption in Asia. The company has secured billions of USD in assets and facilitated hundreds of billions of transactions for various institutional clients across the APAC region. Cobo continues to offer solutions that power projects like Merlin Chain and Babylon Chain, demonstrating its ongoing commitment to innovation and excellence in the digital asset space.