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Cobo Custody, Who Are One Of The Largest Crypto Asset Management Firms In China Add XTZ

Cobo Custody is the first purpose-built digital asset custodian in China and serves over 260 institutional clients.

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Cobo Custody

Cobo Custody is a custodial crypto asset service for institutional clients. Cobo Custody is the first purpose-built digital asset custodian in China and serves over 260 institutional clients.

This ranks Cobo Custody as one of the largest crypto asset management platforms in China.

The integration of XTZ in the Cobo platform has been in the works through the guidance of TZAPAC. TZ APAC designs value-added blockchain transformation strategies for enterprises and creators with a bottom-up approach, working closely with blockchain experts and other stakeholders in the Tezos ecosystem.

“TZ APAC is dedicated and focused on cultivating the Tezos ecosystem in Asia, through collaborative approaches with partners such as Cobo. We are very pleased to have worked with Cobo, one of the largest custodians in Asia, in bringing increased accessibility of Tezos to the corporate market,” –  David Shin, Head of Asia, TZ APAC.

Youai Cui, product owner of Cobo Custody commented:

“We are glad to cooperate with TZ APAC, expanding the Tezos ecosystem to all our clients, so that they can have access to Tezos easily and for free. Currently, our clients are all over the world—from exchanges, asset management teams, mining companies, token funds, family offices, and so on.

In addition to China, we also have clients from Australia, Singapore, Europe, and other countries, and we are continuing to expand to overseas markets,” stated Youai Cui, product owner of Cobo Custody. 

– Yahoo Finance

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Endorsements: References to specific entities, products, services, processes, or other information does not constitute or imply endorsement, sponsorship, or recommendation by XTZNews. Blockchain technology is in a developmental phase, and the engagement with the technology and its associated entities carries inherent risks.

User’s Responsibility: Users are encouraged to conduct their own research and due diligence and to seek the advice of qualified professionals before making any investment or decisions related to content on this site. Engaging with blockchain technology, cryptocurrencies, and associated applications should be undertaken with caution, understanding the inherent risks involved.

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