On August 14, 2024, Cobo, a leading digital asset custody and wallet technology provider, successfully held a highly anticipated institutional night reception in Hong Kong with Legend Trading, RD Technologies and Stella Pay, attracting senior executives from many industry institutions. Attendees included members of the Legislative Council of Hong Kong, representatives from Invest Hong Kong, and several major exchanges and venture capital institutions. The reception aims to promote industry exchanges and cooperation and jointly explore the development prospects of Hong Kong's Web3 market.
The atmosphere at the reception was lively, and the participants had in-depth discussions on the regulatory environment, technological innovation and future market trends of the Hong Kong Web3 market. The Cobo core team shared the company's strategic planning in the field of digital asset management with guests from all parties, focusing on the one-stop digital asset storage and wallet technology solution - Cobo Portal. This is the only platform in the industry that integrates four different technologies, namely custody wallet, MPC wallet, smart contract wallet and exchange wallet, into a user-friendly interface, providing users with a more efficient, safer and more convenient operation experience.
Cobo is actively communicating with many industry partners and sincerely invites them to join the upcoming Cobo Portal app store. Cobo hopes to cooperate with these third-party developers and service providers who have rich experience in various vertical application scenarios, and gradually introduce a variety of applications including OTC transactions, mortgage lending, Crypto bank cards, aggregated transactions, merchant payments, asset management, DeFi robots, arbitrage tools, financial backend, KYC/KYT, Travel Rule tools, etc. to meet diverse business needs.
Previously, Cobo announced a partnership with RD Technologies to become the preferred wallet partner for the Hong Kong dollar stablecoin HKDR, jointly exploring and promoting the widespread application of HKDR in Hong Kong's digital finance sector. This partnership not only injects new vitality into Hong Kong's digital finance sector, but also once again highlights Cobo's key role in promoting the development of Hong Kong's Web3 ecosystem. Cobo will continue to work with industry-leading companies to build a secure, compliant and efficient Web3 market.
This cocktail party provided an efficient communication platform for the participants and also demonstrated Cobo's strong strength in technology research and development and market expansion. We look forward to working with more partners in the future to jointly promote the prosperity and development of Hong Kong's Web3 and create a bright future in the field of digital assets.
About Cobo
Cobo is a leader in digital asset custody and wallet technology, providing a one-stop wallet technology platform that enables institutions and developers to easily build, automate and securely scale their digital asset businesses.
Founded in 2017 and headquartered in Singapore, Cobo is a blockchain pioneer trusted by more than 500 leading digital asset companies worldwide, with billions of dollars in assets under custody. Cobo offers the industry's only platform that integrates four different digital asset wallet technologies - custody wallet, MPC wallet, smart contract wallet and exchange wallet. Cobo is committed to the highest security standards and regulatory compliance, has maintained a zero-incident record to date, and has obtained ISO 27001, SOC 2 (Type 1 and Type 2) certifications, as well as licenses in multiple jurisdictions. With its industry-leading innovation, Cobo has been recognized by authoritative organizations such as Hedgeweek and Global Custodian.
