CoinCover and Cobo sign agreement to strengthen commercial cooperation
Cardiff, Singapore – 24 February 2025, CoinCover, the digital asset protection provider, and Cobo, the largest digital asset custodian and blockchain infrastructure provider in the Asia Pacific (APAC) region, today announce the signing of a memorandum of understanding to deepen their successful partnership.
The agreement strengthens commercial cooperation between the two companies by enabling the pooling of both insight and resources to deliver enhanced experiences for customers. These include identifying new opportunities for product integration for cryptocurrency exchanges and other relevant market segments where their solutions are of most use.
Anthony Yeung, Chief Commercial Officer at CoinCover, says: “This agreement marks an important milestone for CoinCover. On one hand, we’re always excited at opportunities to better tailor protection around our partners’ customers’ specific requirements.
“But going further, our partnership with one of the industry’s largest wallet-as-a-service software providers reinforces CoinCover’s integral position at the heart of the crypto industry, and broadens our reach across both the crypto market and into APAC.”
Dr Changhao Jiang, Co-Founder and CTO at Cobo, says: “At Cobo we’re committed to continuously enhancing our custody solutions by partnering with industry leaders who share our dedication to digital asset security. Our collaboration with CoinCover provides an additional safeguard against operational risks, ensuring that clients can manage digital assets with confidence while maintaining the highest standards of security, efficiency, and regulatory readiness.
“CoinCover’s proven risk management and recovery capabilities complement Cobo’s secure custody infrastructure, offering our customers an additional layer of operational resilience. We’re excited to strengthen this relationship as we continue on our mission to provide clients with the most comprehensive and secure digital asset custody solutions available."