Cobo Custody officially announces that it has integrated Chiliz with its ecosystem. Cobo powers Chiliz’s technological capabilities through its Wallet and Custody service and aids in its growth and expansion with this partnership. The synergies created from the partnership will result in cross-platform connectedness, and community building.
Chiliz is the leading blockchain provider for sports & entertainment and the creators of Fan Tokens, digital assets that provide major sporting organisations with new opportunities to connect with their global fanbases on the Socios.com fan engagement app. Socios.com’s ever growing roster features over 120 major sporting organisations, including massive football clubs from Europe and Latin America, premium Formula One™ teams, giants from NBA, NFL, NHL and MLS, leading esports teams and the UFC®.
Alexandre Dreyfus, CEO of Chiliz and Socios.com, said: “Integrating with Asia-Pacific’s leading custody and asset management platform adds another layer of solidity to the Chiliz ecosystem, reducing constraints and enabling us to leverage their technologies to the benefit of our community in the region.”
Chiliz recently announced that ‘Scoville’, the public testnet for Chiliz Chain 2.0 (CC2), the first Layer-1 blockchain created especially for the sports and entertainment industries, is live. CC2 enables sports and entertainment brands to mint NFTs and Fan Tokens, build DeFi products and Play2Earn games, and create event, loyalty and merchandising programs, helping them unlock the huge potential of Web3. The mainnet launch is anticipated for later this year. Chiliz.net is a first-of-its-kind mobile and desktop crypto exchange for sports & entertainment products featuring digital assets from some of the biggest sports teams in the world, powered by $CHZ.
Alex Zuo, Cobo Finance Vice President said that “We are very happy to work with Chiliz, through our custodian products and technologies, to better serve the users of Chiliz and allow more fans to enter the blockchain field.”
As the largest cryptocurrencies custody and asset management platform in the Asia-Pacific region, with a team headquartered in Singapore, and offices in the U.S, Hong Kong, etc. Cobo was co-founded by Shi Xing, Mao (Discus Fish), F2Pool founder, and former Facebook senior scientist Chang Hao, Jiang in November 2017. Currently, Cobo provides secure and leading financial custody services and innovative asset management solutions with exponential growth for over 300 top institutional clients in the industry including cryptocurrency mining platform, crypto project, qualified high-net-worth investors, family office, token fund, traditional financial institutions and secondary market trading teams. With over one hundred billion dollars in trading and management volume, Cobo offers diversified and low-risk financial products that have generated hundreds of millions of dollars in profits for clients.
In different scenarios, Cobo will provide clients with DeFi-as-a-Service (DaaS), Staking-as-a-Service (StaaS), Trading, DeFi, Banking, asset value-added and/or other customized services. Asset value-added services are customized and flexible with different products according to risk preferences. Cobo Custody uses the highest-security level HSM encryption machine, multi-signature and cold and hot separation storage as the basis for security assurance. Through Cobo’s rich API interfaces, the clients can access over 50 public chains and 1000 tokens by just one click which saves more than 80% of exploitation costs and more than 95% of time costs, satisfying the requirements of highly specialized compliance institutions.
The ever growing blockchain applications such as DeFi, GameFi, NFT, and the metaverse also gives rise to the demand for specialized custodian services. Our team grows as your ambitions grow, let us know about your next revolutionary project. For more information, visit www.cobo.com
For more information, please contact:
PL
BD Manager of Cobo
Committee Members
Singapore
May 5, 2022
