According to Foresight News, digital asset custody solution provider Cobo, UK blockchain security firm Coincover, and ALEX subsidiary XLink have entered into a collaboration. The partnership aims to strengthen digital asset management and establish new safety standards in the blockchain industry.
The collaboration will enhance the security of the XLink platform through Cobo's multi-party computation (MPC) custody technology, XLink's liquidity solutions, and Coincover's disaster recovery services. This will protect user assets from hacker attacks and risks of operational errors, thereby promoting the development of Bitcoin in the DeFi sector.