Cobo

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.

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

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

• Digital asset custody
• Wallet infrastructure
• Blockchain wallet API
• MPC custody platform
• Stablecoin payment API

Headquarters

HQ city

Singapore

HQ country

Singapore

HQ region

Asia

Offices2 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Technology or R&D, Personnel, Infrastructure, Marketing or Sales, Operations

Revenue model

1. 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.
2. 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.
3. Exchange Wallet Infrastructure: Wallet infrastructure for cryptocurrency exchanges including secure wallets, instant token onboarding, and trading efficiency features.
4. 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

Go-to-market motion3 records

Distribution channels4 records

Marketing channels6 records

Core 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

Named customers9 records

Segments8 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration11 records

AI capability7 records

Feature7 records

Partnerships

14 partnerships are on record, tiered core and minor.

• Google CloudcoreTechnology or Integration · 30 April 2026Cobo 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.
• OpenAIcoreTechnology or Integration · 22 April 2026Cobo Agentic Wallet natively integrates with OpenAI Agents SDK, enabling AI agents to securely execute on-chain operations within user-defined boundaries using MPC technology.
• LangChaincoreTechnology or Integration · 22 April 2026Cobo 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)coreTechnology or Integration · 22 April 2026Cobo Agentic Wallet integrates with Claude MCP (Model Context Protocol) from Anthropic, enabling secure AI agent interactions with blockchain infrastructure.
• BlockSeccoreTechnology or Integration · 2 April 2026BlockSec 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 InsurancecoreStrategic or Co-development Partner · 3 November 202521M 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.
• ChainalysiscoreTechnology or IntegrationIntegrated AML/KYT compliance partner providing blockchain analytics and sanctions screening for Cobo's institutional custody platform.
• EllipticcoreTechnology or IntegrationIntegrated AML/KYT compliance partner providing blockchain risk analysis and anti-money laundering screening for Cobo's platform.
• SafeheronminorStrategic or Co-development PartnerMPC + TEE Digital Asset Self-Custody Platform incubated through Cobo Ventures. Part of the blockchain ecosystem of companies Cobo has supported.
• Particle NetworkminorStrategic or Co-development PartnerFull-stack Web3 middleware platform invested in and supported through Cobo Ventures incubation program.
• FlashwireminorStrategic or Co-development PartnerDigital bank that embraces crypto, invested in through Cobo Ventures as part of early-stage blockchain startup ecosystem.
• ApexminorStrategic or Co-development PartnerDecentralized Derivatives Protocol invested in through Cobo Ventures incubation program.
• VirgoCXminorStrategic or Co-development PartnerRegulated Cryptocurrency Trading Platform invested in through Cobo Ventures.
• MeshaminorStrategic or Co-development PartnerGroup purchase wallet for NFT invested in through Cobo Ventures.

Scale indicators10 records

Recent moves8 records

Expansion highlights6 records

Direct 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

• Xx.com/Cobo_Wallet
• GitHubgithub.com/CoboGlobal
• YouTubeyoutube.com/@coboglobal
• LinkedInlinkedin.com/company/cobo-official

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Subsidiaries1 record

Funding overview

Funding rounds3 records

Investors7 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments5 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Cobo