Cobo SuperLoop
Off-Exchange Custodian and Settlement Network
Cobo SuperLoop (“SuperLoop”) is the world’s first off-exchange settlement network that allows institutions to trade on exchanges while maintaining full control of their funds using cutting-edge MPC-based co-managed custody.
How It Works
- step 1. Asset manager safeguards funds using Cobo’s MPC Co-managed Custody or Full Custody
- step 2. Cobo locks and mirrors the funds 1:1 on exchange
- step 3. Asset manager starts trading on exchange as per usual
- step 4. Cobo initiates settlement and exchange confirms net settlement details
Key Benefits
For Asset Managers: Trade on exchanges with greater confidence and efficiency
Minimize counterparty risk by removing the need to pre-fund on exchanges before trading
Maximize capital efficiency by deploying funds without the delays and risks of on-chain transfers
For Exchanges: Increase trading activity while mitigating counterparty risk
Attract more traders, bigger volumes without pre-funding requirements
Ensure traders can meet obligations before executing trades
Add another layer of security and meet regulatory requirements
Loop upgraded to SuperLoop
In 2019, Cobo launched Loop — the industry’s first clearing and settlement network — for members (e.g. exchanges, asset managers, etc.) to settle transactions off-chain instantly, without fees.
With the trust crisis in CEXs in 2022, exchanges and asset managers are at an impasse. To restore trading activity, Cobo upgraded Loop to SuperLoop to meet this pressing need.
Getting Started
For Asset Managers
- 1. Open an account under Cobo’s Full Custody solution or Co-managed MPC Custody solution
- 2. Start trading on supported exchanges
For Exchanges
- 1. Complete easy integration with Cobo (being a Cobo client is not a prerequisite)
- 2. Start using SuperLoop
