Singapore - March 7, 2024 - Cobo, a leading provider of digital asset custody solutions, announced a partnership with Manta Network to offer a comprehensive suite of custody solutions ranging from full custody to MPC-based co-managed custody. This partnership is set to benefit users and partners within the ecosystem by ensuring secure storage and staking of MANTA tokens on the network. Additionally, users of Manta Pacific will have access to Cobo Argus, an innovative on-chain digital asset management platform that automates risk management and improves overall user experience.
Cobo Custody Fully Integrated with Manta Network
Cobo stands as a global titan in digital asset custody, serving over 500 institutional clients across the globe, including top exchanges, investment funds, and financial institutions. As an industry leader, Cobo supports the market’s widest array of more than 2,500 tokens across over 80 blockchains, including BTC, ETH, USDT, BCH, DASH, LTC, ETC, TRON, EOS, and many more. Leveraging cutting-edge custody technologies, Cobo ensures institutional-grade digital asset security for both Manta Atlantic (Polkadot chain) and Manta Pacific (EVM chain) on Manta Network. This integration enables node verifiers on Manta Atlantic to effortlessly stake MANTA tokens under the robust security provided by Cobo. Moreover, the collaboration broadens the investment opportunities for Cobo's users by providing access to Manta Network's extensive list of top-tier dApps, further diversifying their portfolios.
Cobo is dedicated to offering institutions a full range of tailor-made custody options, including full custody, MPC-based co-managed custody and self-custody solutions. Having a customizable custody solution allows clients to strike the ideal balance between security and convenience to meet their specific business needs. In particular, the adoption of MPC technology has substantially enhanced the security and user experience in safeguarding digital assets.
In response to the evolving demands of clients and the fast changing market landscape, Cobo is set to incorporate trading capabilities into its custody services. This proactive approach is aimed at broadening the scope of services Cobo provides, allowing its users to manage, safeguard, and trade assets seamlessly on a unified platform. This transformation into a comprehensive one-stop solution is expected to not only improve operational efficiency but also boost the platform's appeal, potentially drawing a wider audience to the Cobo ecosystem.
Cobo Argus Supports Manta Pacific Network
Cobo's institutional-grade on-chain digital asset management platform, Cobo Argus, will support the Manta Pacific network. This integration will unlock a range of new DeFi bot automation strategies for ecosystem partners on Manta Pacific. They will get to experience a comprehensive suite of powerful features including multi-signature security, on-chain role-based access controls, granular permissions at function and parameter levels, advanced DeFi bots, single-signature authorizations, automated risk monitoring, and more. These features are critical for institutional investors in the Manta ecosystem who are engaged in yield farming and aiming for enhanced control over their environment with reduced risk exposure.
"We are thrilled to collaborate with Manta Network and integrate Cobo's premier custodial and on-chain asset management solutions into their rapidly expanding blockchain platform," stated Discus Fish, Co-Founder and CEO of Cobo. "At the heart of Cobo's mission is the commitment to maintaining the highest standards of security in digital asset management. Our proprietary on-chain digital asset management platform Cobo Argus plays a pivotal role in channeling institutional liquidity into the Manta Network while guaranteeing a secure and seamless user experience."
“We are excited to collaborate with Cobo, integrating their premier custodial and on-chain asset management solutions into our rapidly expanding ecosystem. This partnership ensures enhanced security and seamless user experience for storing and staking MANTA tokens on Manta Network. Together, we’re opening up new possibilities for users and partners within our ecosystem.” Stated Kenny Li, the Co-Founder of p0x Labs and core contributor for Manta Network.
About Cobo
Cobo is a globally trusted leader in digital asset custody solutions. As the world’s first omni-custody platform, Cobo offers the complete spectrum of solutions from custodial wallets to non-custodial wallets including regulated full custody, MPC based technology solution and smart contract wallets, as well as Wallet-as-a-Service, a DeFi management platform (Argus), and an off-exchange settlement network (SuperLoop). Trusted by over 500 institutions worldwide to safeguard billions in digital assets, Cobo inspires confidence in digital asset ownership by enabling safe and efficient management of digital assets and interactions with Web3. Cobo is ISO27001 certified, SOC2 Type 1 and Type 2-compliance-certified, and licensed in 4 jurisdictions.
For more information, please visit www.cobo.com.
About Manta Network
Manta Network is the modular blockchain for zero-knowledge (ZK) applications. Manta Pacific is the modular L2 ecosystem for EVM-native ZK applications and dApps that want to deliver the lowest cost and best experience for users. Leveraging Manta’s Universal Circuits to enable ZK-as-a-Service and Celestia’s data availability for modularity to deliver low gas fees, Manta Pacific offers the perfect environment for ZK-enabled applications. Learn more about Manta Pacific here.