Cobo, a digital asset custody and wallet infrastructure provider, has been designated as a key enterprise partner by the Hong Kong government. The announcement was made on April 20, with Cobo's COO, Lily Z. King, signing the agreement in the presence of Hong Kong's Financial Secretary Paul Chan. This partnership is part of the Financial Secretary's initiative to attract priority enterprises to the region.
Cobo, headquartered in Singapore, plans to establish its Northeast Asia regional headquarters in Hong Kong, with investments projected to exceed hundreds of millions of Hong Kong dollars by 2030. The company aims to expand its local team and recruit global talent in blockchain, security, and AI. Additionally, Cobo will focus on developing infrastructure for its Cobo Agentic Wallet and R&D initiatives related to the Google Agentic Payment protocol, enhancing Hong Kong's fintech industry in digital assets and AI.
Cobo Named Key Enterprise Partner by Hong Kong Government
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