Cobo to Showcase Enterprise Wallet Upgrade at Singapore FinTech Festival

Cobo plans to announce a brand upgrade during the Singapore FinTech Festival in mid-November and showcase the latest capabilities of its institutional wallet, including upgraded products for enterprise and agent payment scenarios. Founded in 2017, Cobo initially focused on personal wallet products but has since shifted to the institutional and enterprise market, serving over 680 institutional clients across nearly 50 countries and regions. This showcase will highlight its latest advancements in institutional wallets, payment fields, and agent payments. Cobo also announced the discontinuation of the personal version of the Cobo Wallet App, which has stopped accepting new user registrations since 2021, while existing users can continue to withdraw funds. This announcement marks the official end of its personal wallet business. Cobo stated that this brand and product upgrade is part of deepening its institutional business, with plans to further expand payment scenarios to support digital asset management and business needs for institutions, enterprises, and agents.

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