Cobo
Cobo Global
Data verified on unchanged since the sources
Worth it if you're an institution or fintech managing digital assets: a single API stack for custodial, MPC, smart-contract and exchange wallets, SOC 2 Type II and ISO 27001 certified.
Avoid it if you're an end user or want to hold your own keys: Cobo is B2B infrastructure and on custodial products funds are entrusted to a third party.
Cobo is a custody and wallet infrastructure provider for institutions, exchanges, funds and fintechs managing digital assets. It offers a single API/SDK stack for four wallet types — custodial, MPC, smart contract and exchange wallets — with access to 80+ blockchains and thousands of tokens. It is SOC 2 Type II and ISO 27001 certified and reports licenses in the US, Hong Kong, Singapore and Lithuania, plus a provisional approval in Dubai.
Data & conditions
| Service type | Stablecoin infrastructure |
|---|---|
| Pricing model | Not disclosed |
| Custody model | MPC |
| Customer type | Fintech, Enterprise, Developers, Platforms |
| Certifications | SOC2-T2, ISO27001 |
| Fund custody | Custodial (platform holds funds) |
| Supported countries | APAC, US, EEA, MENA |
| Segment | B2B |
| MiCA / License status | Licensed in USLicensed in Hong KongLicensed in SingaporeLicensed in LithuaniaDubai VARA (provisional) |
Strengths
- Single stack for four wallet types (custodial, MPC, smart contract, exchange) with broad chain coverage.
- SOC 2 Type II and ISO 27001 certified with licenses across multiple jurisdictions.
- No notable sovereignty advantage documented.
Weaknesses
- B2B infrastructure: not accessible to end consumers.
- On custodial products funds are entrusted to a third party, with the related counterparty risk.
- Custodial: the platform holds your funds and can freeze or lose them.
Verdict
Score 4.0/5, very strong profile. In its favour: single stack for four wallet types (custodial, MPC, smart contract, exchange) with broad chain coverage. The trade-off to weigh: b2B infrastructure: not accessible to end consumers.
On the Sovereignty lens the score is 1.4/5 (weak): the strength is fund control (1.4/5).
Promp's editorial rating based on real fees and net annual cost. Promp reviews third-party products independently.
"Sovereignty" rating: score computed on privacy/anonymity (30%), fund control (20%), censorship resistance (20%), trustless/auditability (20%) and costs (10%). Same data, different weights.
Reputation
What happened to people who used Cobo, and what users say. External signals: they do not feed the promp.it rating.
Incidents & regulatory actions
No known incidentSearch across public sources: no known hack, withdrawal freeze or regulatory action as of the verification date.
verified on
Public reviews
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App Store ↗
2.8/5
6 reviews
sample too small for the average
Exact count via itunes lookup (averageUserRating 2.833, userRatingCount 6). Legacy retail app 'Cobo Crypto Wallet: BTC & ETH', not the custodial/institutional infrastructure. Only 6 ratings: not representative.
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Trustpilot ↗
2.8/5
3 reviews
sample too small for the average
Only 3 reviews: sample far too small to be meaningful; mixed (one very positive on staking/support, one very negative). About the consumer brand, not the B2B custody product.
FAQ
Can an individual use Cobo?
No. Cobo is custody and wallet infrastructure aimed at institutions, exchanges and fintechs, not an end-consumer product.
Does Cobo custody funds?
It depends on the product: it offers custodial wallets (Cobo holds the keys) and MPC/self-custody wallets where control stays with the client.
Sources
- Official service page Descrizione · Licenses & registrations Data verified on Jul 17, 2026