Exchanges· ★★· neutral·

Cobo to unveil upgraded institutional wallet and payments at Singapore FinTech Festival

  • —Cobo will present its rebrand and upgraded products at SFF in mid-November
  • —The firm serves more than 680 institutional clients in nearly 50 countries
  • —Cobo Wallet App for retail users is shutting down after registration stopped in 2021
  • —Cobo is expanding payments for institutions, enterprises and AI agents
Why it matters: Cobo is exiting retail to focus fully on institutional custody and payments, intensifying competition in crypto infrastructure for enterprises and AI agents.
Source: PANews
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