According to TechFlow, digital asset custody solution provider Cobo and British blockchain security company Coincover announced a partnership with ALEX subsidiary’s intentional full-chain Bitcoin liquidity network XLink, aiming to strengthen digital asset management and establish new security standards for the blockchain industry.

This collaboration will enhance the security of the XLink platform and protect its users’ assets from hacker attacks and misoperation risks through Cobo’s multi-party computing (MPC) hosting technology, XLink’s liquidity solutions, and Coincover’s disaster recovery services, thereby promoting the development of Bitcoin in the decentralized finance (DeFi) field.