Cobo
Cobo is a Singapore-headquartered digital asset custody and wallet infrastructure platform founded in 2017, serving cryptocurrency exchanges, payment providers, asset managers, AI/Web3 projects, and institutions with multi-technology wallet solutions and AI-agent wallet infrastructure across 80+ blockchains.
- Company typePrivate
- Founded2017
- HeadquartersSingapore, Singapore
- Headcount101–250
- GTM typeB2B
- OfferingSoftware
What Cobo does
Cobo is a Singapore-headquartered digital asset custody and wallet infrastructure platform founded in 2017 by cryptocurrency pioneers Shixing Mao (also known as Discus Fish) and Dr. Changhao Jiang. The company provides institutional-grade custody across four wallet technologies—Custodial (secured via HSMs and Intel SGX), MPC (distributed Threshold Signature Scheme nodes running in Trusted Execution Environments), Smart Contract, and Exchange Wallets—accessible through a unified Wallet-as-a-Service (WaaS) API and SDK supporting 80+ blockchains and 3,000+ tokens. In April 2026 Cobo launched the Cobo Agentic Wallet (CAW), described as the world's first MPC-powered non-custodial wallet purpose-built for AI agents, introducing the Pact Protocol for human-agent authorization and a Recipe-driven skill layer for on-chain execution paths.
The platform serves five primary verticals: cryptocurrency exchanges (Deribit, BitMart, Bitget, Hashkey), AI/Web3 projects, Payment Service Providers, institutional investors, and adjacent DeFi/staking funds, OTC desks, trading firms, and RWA tokenization platforms. Cobo monetizes through annual subscription-based enterprise custody contracts, monthly usage-based billing for the WaaS API, and transaction fees on its Payment API for stablecoin settlement. Distribution combines direct enterprise field sales with an API-first self-serve developer channel (Cobo Portal, 14-day free trial) and a referral program. The company holds SOC 2 Type II and ISO 27001 certifications and is licensed in Hong Kong and the United States; it reports $3.8T+ in transactions secured and zero security incidents since inception.
Cumulative funding is approximately $60M across disclosed rounds—a 2018 pre-A/seed ($7M), 2018 Series A ($13M, DHVC and Wu Capital), and a September 2021 Series B ($40M, led by DST Global, A&T Capital, and IMO Ventures). The Series B financed the relocation of headquarters from Beijing to Singapore and the pursuit of regulatory licenses. The Cobo Ventures arm invests incubation capital into complementary Web3 startups (Safeheron, Particle Network, Flashwire, Apex, VirgoCX, Mesha), and recent 2026 strategic activity includes partnerships with Google Cloud, BlockSec, OpenAI, LangChain, Anthropic, and the Hong Kong SAR Government.
Cobo firmographics
Firmographics- Name
- Cobo
- Legal name
- Cobo Global Limited
- Website
- https://cobo.com
- Company type
- Private
- Founded year
- 2017
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- Cobo is a Singapore-headquartered digital asset custody and wallet infrastructure platform founded in 2017, serving cryptocurrency exchanges, payment providers, asset managers, AI/Web3 projects, and institutions with multi-technology wallet solutions and AI-agent wallet infrastructure across 80+ blockchains.
- Ownership category
- akta.pro rank
Cobo industry classification
Industry- Product category
- Digital Asset Custody and Wallet Infrastructure
- NAICS
- Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320), Financial Transactions Processing, Reserve, and Clearinghouse Activities (52232)
- SIC
- Security & Commodity Brokers, Dealers, Exchanges & Services (6200)
- akta.pro primary industry
- Digital Asset Custody & Wallet Infrastructure for Institutions (MPC/HSM, key mgmt, policy controls) (FSAPAIAE)
- akta.pro secondary industries
- Wallet Infrastructure (SDKs, Wallet-as-a-Service) (FSADACAD), Crypto Payments & Stablecoin Settlement Platforms (BPAMAFAL), Digital Wallet Infrastructure (Tokenization, Wallet-as-a-Service) (FSAMAEAI)
Keywords
Where Cobo is headquartered
LocationHeadquarters
- HQ city
- Singapore
- HQ country
- Singapore
- HQ region
- Asia
Offices2 records
Markets served
Cobo business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Infrastructure, Marketing or Sales, Operations
Revenue model
- Wallet-as-a-Service (WaaS) API/SDK: Subscription-based or usage-based API access to wallet infrastructure, allowing organizations to build on Cobo's battle-tested infrastructure through programmatic access.
- Digital Asset Custody Services: Institutional custody services for digital assets with security, compliance, and operational features including hot-warm-cold wallet setups, automated token sweeping, and gas fee payments.
- Exchange Wallet Infrastructure: Wallet infrastructure for cryptocurrency exchanges including secure wallets, instant token onboarding, and trading efficiency features.
- Payments and Treasury Management: Stablecoin flow settlement across chains with built-in AML/KYT compliance, fiat-crypto ramps, and automated wallet address rotation for payment service providers.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | Enterprise institutional custody and wallet infrastructure |
| Usage-based | Monthly | API/SDK usage for Wallet-as-a-Service |
| Other | Other | Referral Partner Rewards |
Go-to-market motion3 records
Distribution channels4 records
Marketing channels6 records
Cobo product offering
Product offeringCore offering
Cobo provides a digital asset custody and wallet infrastructure platform that delivers four wallet technologies—Custodial (HSM/Intel SGX-secured), MPC (distributed TSS within TEEs), Smart Contract, and Exchange Wallets—through a unified Wallet-as-a-Service (WaaS) API and SDK stack supporting 80+ blockchains and 3,000+ tokens. Its April 2026-launched Cobo Agentic Wallet (CAW) extends this infrastructure to AI agents with cryptographic authorization via the Pact Protocol and a Recipe-driven skill layer for autonomous on-chain operations. The platform also offers a Payment API for stablecoin settlement with integrated AML/KYT compliance and a Treasury & Asset Management solution for institutional digital asset safeguarding and yield generation.
Product overview
Cobo is a digital asset custody and wallet infrastructure company offering a comprehensive platform for organizations and AI agents to secure, manage, and scale digital asset operations. The product portfolio is organized as a unified Cobo Portal platform accessing four core wallet technologies—Custodial Wallets (HSM/Intel SGX secured), MPC Wallets (distributed TSS with TEE), Smart Contract Wallets, and Exchange Wallets—collectively delivered through the Wallet-as-a-Service (WaaS) platform via one API/SDK stack. Supporting 80+ blockchains and 3,000+ tokens, the platform includes integrated compliance tools (Screening via Chainalysis/Elliptic), yield generation (Earn, Staking), trading features (OTC, Token Swap), and reporting (Reports). The April 2026-launched Cobo Agentic Wallet (CAW) extends this infrastructure to AI agents with MPC-based autonomy, the Pact Protocol for human-agent authorization, and Recipe-driven skill layers for DeFi and payment operations.
Differentiator
Problem solved
Functional benefit
Brands
- Cobo Ventures: Investment arm of Cobo that incubates and invests in early-stage blockchain startups.
Products and services
- Wallet-as-a-Service (WaaS) A comprehensive wallet infrastructure platform offering four wallet technologies—Custodial, MPC, Smart Contract, and Exchange Wallets—accessible via one API and SDK stack. Supports 80+ chains, 3,000+ tokens with self-service token onboarding and granular policy controls for secure, audit-ready operations. Built for organizations and developers needing battle-tested wallet infrastructure.
- Cobo Portal A unified management platform providing access to all Cobo wallet types (Custodial, MPC, Smart Contract, and Exchange Wallets) from a single interface with plug-and-play APIs, policy controls, and reporting tools. Includes integrated add-on modules for Earn, Screening, OTC, Token Swap, Staking, and Reports.
- Custodial Wallets Wallet infrastructure where Cobo safeguards private keys on behalf of users, secured by hardware-based isolation using Hardware Security Modules (HSMs) and Intel SGX technology. Designed for organizations seeking full-service bank-grade custody.
- MPC Wallets Distributed Threshold Signature Scheme (TSS) wallets where key shares are generated by multiple parties and run inside Trusted Execution Environments (TEEs) for tamper-proof signing. Eliminates single points of failure without exposing complete private keys, with signing jointly participated by the user, the Cobo Agent, and Cobo's infrastructure.
- Smart Contract Wallets Wallet infrastructure leveraging smart contract technology for programmable wallet logic, enabling advanced features such as multi-signature requirements, timelocks, and custom execution conditions for institutional digital asset management.
- Exchange Wallets Hot-warm-cold wallet setup optimized for trading platforms, featuring instant token onboarding, automated token sweeping, gas fee payments, and policy controls for protecting user funds with operational efficiency.
- Cobo Agentic Wallet (CAW) The world's first MPC-powered non-custodial wallet purpose-built for AI agents. Enables autonomous on-chain operations within enforceable boundaries via the Pact Protocol and a Recipe-driven skill layer, with cryptographically enforced spending limits, execution plans, termination conditions, and Kill Switch architecture. Integrates natively with OpenAI Agents SDK, LangChain, Claude MCP, Agno, and CrewAI.
- Payment API Payment infrastructure API enabling stablecoin flows across chains with built-in AML/KYT compliance for cross-border payments, fiat-crypto ramps, pay-ins and payouts, automated token sweeping, wallet address rotation, and volume-based settlements. Targeted at payment service providers and enterprises.
- Treasury & Asset Management Institutional treasury solution for safeguarding and growing digital assets with full visibility and control, featuring staking for yield generation, audit-ready reports, and cold storage for 90-95% of assets while maintaining fast-access liquidity. Built for institutional asset managers and enterprises.
Quantifiable outcome
- Zero security incidents since 2017, protecting billions in assets
- +4 more outcomes
Companies that use Cobo
Customer profileNamed customers9 records
Segments8 records
Ideal customer profiles4 records
Cobo technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration11 records
AI capability7 records
Feature7 records
Cobo partnerships and signals
Strategic signalPartnerships
14 partnerships are on record, tiered core and minor.
- Google CloudcoreCobo collaborated with Google Cloud on enterprise-grade agentic wallet security, presenting at the 2026 Google Cloud Stablecoin Hong Kong Forum. Cobo's work with Google Cloud focuses on AI-driven payment paradigms and Web3-AI integration for the intelligent agent economy.
- OpenAIcoreCobo Agentic Wallet natively integrates with OpenAI Agents SDK, enabling AI agents to securely execute on-chain operations within user-defined boundaries using MPC technology.
- LangChaincoreCobo Agentic Wallet provides native integration with LangChain, one of the leading AI agent frameworks, allowing developers to build AI agent applications with secure on-chain wallet capabilities.
- Claude MCP (Anthropic)coreCobo Agentic Wallet integrates with Claude MCP (Model Context Protocol) from Anthropic, enabling secure AI agent interactions with blockchain infrastructure.
- BlockSeccoreBlockSec partnered with Cobo to integrate its Know Your Transaction (KYT) risk engines and Phalcon Compliance technology into Cobo's Payment API for cross-border payments. The collaboration provides global enterprises with compliance scanning, automated reconciliation, and real-time anti-money laundering protections.
- 21M Insurancecore21M Insurance, based in Singapore, partnered with Cobo to develop enhanced crypto insurance solutions using multi-party computation (MPC) technology. The collaboration aims to improve digital asset security and provide tailored insurance coverage for institutional clients, addressing gaps in the current crypto insurance market.
- ChainalysiscoreIntegrated AML/KYT compliance partner providing blockchain analytics and sanctions screening for Cobo's institutional custody platform.
- EllipticcoreIntegrated AML/KYT compliance partner providing blockchain risk analysis and anti-money laundering screening for Cobo's platform.
- SafeheronminorMPC + TEE Digital Asset Self-Custody Platform incubated through Cobo Ventures. Part of the blockchain ecosystem of companies Cobo has supported.
- Particle NetworkminorFull-stack Web3 middleware platform invested in and supported through Cobo Ventures incubation program.
- FlashwireminorDigital bank that embraces crypto, invested in through Cobo Ventures as part of early-stage blockchain startup ecosystem.
- ApexminorDecentralized Derivatives Protocol invested in through Cobo Ventures incubation program.
- VirgoCXminorRegulated Cryptocurrency Trading Platform invested in through Cobo Ventures.
- MeshaminorGroup purchase wallet for NFT invested in through Cobo Ventures.
Scale indicators10 records
Recent moves8 records
Expansion highlights6 records
Cobo competitors and assessment
Company assessmentDirect peers
- Fireblocks: Fireblocks is a leading institutional digital asset custody and wallet infrastructure provider using MPC technology. Directly competes with Cobo across exchanges, funds, and fintech clients with comparable WaaS and custody offerings.
- BitGo: BitGo is one of the largest qualified custodians for digital assets, offering institutional custody, hot/cold wallet infrastructure, and staking. A pioneer in multi-signature and now MPC custody, it competes directly with Cobo for exchange and institutional clients.
- Anchorage Digital: Anchorage is a federally chartered digital asset bank in the US offering regulated institutional custody, trading, and staking services. Directly competes with Cobo for regulated institutional clients and shares a similar compliance-first positioning.
- Hex Trust: Hex Trust is an Asia-headquartered (Hong Kong) institutional digital asset custodian providing licensed custody, WaaS, and DeFi access. Particularly comparable to Cobo given the shared APAC footprint, regulatory licensing focus, and institutional client base.
- Fordefi: Fordefi is an MPC-based institutional wallet and DeFi access platform built for funds, trading firms, and market makers. Competes with Cobo in the institutional MPC and DeFi access segments with similar technology architecture.
- Safe (formerly Gnosis Safe): Safe is the leading smart contract wallet protocol for institutions and DAOs, providing multi-signature and programmable wallet infrastructure. Overlaps with Cobo's smart contract wallet offering and serves similar institutional and DeFi fund clients.
- Liminal: Liminal provides institutional-grade digital asset custody and wallet infrastructure with MPC and HSM-secured wallets, targeting exchanges, funds, and PSPs across Asia. Direct peer in regional custody and WaaS market.
Broad incumbents
- Ledger Enterprise: Ledger Enterprise extends the consumer hardware wallet leader's technology into institutional custody with HSM-backed solutions. A broader incumbent competing with Cobo in hardware-secured institutional custody.
- Coinbase Custody: Coinbase Custody is the institutional arm of Coinbase, offering qualified custody for digital assets under US regulation. A broad incumbent that competes with Cobo for institutional clients as part of a much larger product portfolio.
Emerging players
- Safeheron: Safeheron is an MPC + TEE-based digital asset self-custody platform incubated by Cobo Ventures. Provides institutional-grade self-custody infrastructure using similar architectural primitives to Cobo and represents both a partial overlap and ecosystem partner.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Cobo social profiles
Digital presenceCobo compliance and trust
Trust signalCompliance2 records
Cobo financial estimates
Financial estimateRevenue estimate
Valuation estimate
Cobo leadership team
Management profileNumber of profiles
Profiles5 records
Cobo subsidiaries and ownership
Company hierarchySubsidiaries1 record
Cobo funding detail
Funding detailFunding overview
Funding rounds3 records
Investors7 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Cobo M&A and investment
M&A and investmentM&A
Investments5 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Cobo
What does Cobo do?
Cobo provides a digital asset custody and wallet infrastructure platform that delivers four wallet technologies—Custodial (HSM/Intel SGX-secured), MPC (distributed TSS within TEEs), Smart Contract, and Exchange Wallets—through a unified Wallet-as-a-Service (WaaS) API and SDK stack supporting 80+ blockchains and 3,000+ tokens. Its April 2026-launched Cobo Agentic Wallet (CAW) extends this infrastructure to AI agents with cryptographic authorization via the Pact Protocol and a Recipe-driven skill layer for autonomous on-chain operations. The platform also offers a Payment API for stablecoin settlement with integrated AML/KYT compliance and a Treasury & Asset Management solution for institutional digital asset safeguarding and yield generation.
Is Cobo a public or private company?
Cobo is a private company. It is classified as venture growth investor backed and is currently operating.
When was Cobo founded?
Cobo was founded in 2017. It employs 101 to 250 people.
Where is Cobo based?
Cobo is headquartered in Singapore, Singapore, in the Asia region.
How does Cobo make money?
Four revenue lines are on record. Wallet-as-a-Service (WaaS) API/SDK is the primary driver. The others are digital Asset Custody Services, exchange Wallet Infrastructure and payments and Treasury Management.
Who are Cobo's main competitors?
Direct peers on record are Fireblocks, BitGo, Anchorage Digital, Hex Trust, Fordefi, Safe (formerly Gnosis Safe) and Liminal. Broad incumbents are Ledger Enterprise and Coinbase Custody. Safeheron is listed as an emerging player.
Does Cobo have an API?
Yes. Cobo offers Wallet-as-a-Service (WaaS) 2.0 API providing programmatic access to four wallet types: Custodial, MPC, Smart Contract, and Exchange Wallets. The API supports 80+ blockchains and 3,000+ tokens. Developer tools are available including guides and API references at https://www.cobo.com/developers/v2/api-references/playground. The Cobo Agentic Wallet (CAW) natively integrates with leading AI frameworks including LangChain, OpenAI Agents SDK, Claude MCP, Agno, and CrewAI. Documentation, SDKs, and the Recipe library are available at https://www.cobo.com/agentic-wallet. Developer documentation is at www.cobo.com/developers/v2/api-references/playground.
What industry is Cobo in?
Cobo's product category is Digital Asset Custody and Wallet Infrastructure. Its primary akta.pro industry code is FSAPAIAE, Digital Asset Custody & Wallet Infrastructure for Institutions (MPC/HSM, key mgmt, policy controls), with a secondary code of FSADACAD, Wallet Infrastructure (SDKs, Wallet-as-a-Service). Its NAICS code is 522320 and its SIC code is 6200.