Digital asset custody and wallet technology service provider Cobo announced that its one-stop platform Cobo Portal has now integrated WBTC exchange services. Institutional users can complete WBTC MINT and BURN operations through the platform. In August of this year, BitGo announced that the management of WBTC would be transferred to a new entity jointly established with BiT Global. As one of the officially designated converters of WBTC, Cobo has converted over 20 million USD worth of digital assets and has completed system integration with the new entity.