Cobo's Custodial Service Now Fully Supports Meter Blockchain

Cobo's Custodial Service Now Fully Supports Meter Blockchain

Singapore, 28 July 2023 - Cobo, a global leader in digital asset custody solutions, today announced a partnership with Meter, a highly decentralized Layer-1 blockchain with Freedom and Fairness as the first principle. Cobo's proven expertise in custodial solutions empowers Meter to serve the diverse needs of its growing community, with the potential to attract a broader Web3 community to its network.

This collaboration will enable users to securely store and manage Meter's ecosystem tokens on Cobo’s platform. Currently, Cobo has launched support for the Meter blockchain, offering deposit and withdrawal services for both $MTR, Meter's metastable gas currency, and $MTRG, Meter's governance token.

"We are thrilled to announce our partnership with Meter, which will bring together Cobo's state-of-the-art custodial technologies with Meter's dynamic ecosystem. Through this collaboration, Web3 users will gain access to a broader range of digital asset management choices, offering them unmatched confidence and flexibility in their financial endeavors," said Dr. Jiang Changhao, Co-Founder and CTO of Cobo.

Xiaohan Zhu, Founder and CEO of Meter, commented: "Through this integration with Cobo, Meter will be able to offer more secure custodial solutions to its valued user community, propelling user and ecosystem growth at Meter. We are also excited to introduce the innovative GameFi and other Web3 projects within Meter's ecosystem to a wider audience of institutions and individuals."

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 full custody, MPC custody, to fully decentralized smart contract-based custody as well as wallet-as-a-service, advanced DeFi investment tools and an off-exchange settlement network. Trusted by over 500 institutions with billions in assets under custody, Cobo inspires confidence in digital asset ownership by enabling safe and efficient management of digital assets and interactions with Web 3.0. Cobo is SOC2 Type 1 and Type 2-compliance-certified and licensed in 5 jurisdictions.

For more information, please visit www.cobo.com.

About Meter

Meter is a Layer-1 blockchain with Freedom and Fairness as the first principle. It is highly decentralized, censorship-resistant yet blazing fast and MEV-resistant. Its native metastable gas token completes Satoshi’s vision of a sound money independent of the fiat system.

For more information, please visit the Meter website: https://www.meter.io/.

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