According to BlockBeats, on July 17, digital asset custody and wallet technology provider Cobo announced the upcoming launch of the Cobo Portal App Store during the 'New Upgrade, Embrace the Future—Cobo Portal Launch Event.'

Dr. Changhao Jiang, Co-founder and CTO of Cobo, stated that the Cobo Portal App Store is an open application platform aimed at attracting third-party developers and service providers with deep understanding or resources in various vertical application scenarios. The goal is to offer a variety of vertical applications to Cobo Portal customers.

Over the next two months, the Cobo Portal App Store will gradually roll out five Cobo-developed applications: the OTC settlement application Superloop, the staking and re-staking application Staking, the batch payment tool Payout, the invoice management application Invoice, and the asset proof report application Reports. In the future, Cobo plans to collaborate with multiple ecosystem partners to introduce third-party developed vertical applications in various scenarios, including OTC, collateralized lending, crypto bank cards, aggregated trading, merchant payment collection, asset management, DeFi robots, arbitrage robots, financial backends, KYC, KYT, and Travel Rule tools.