Cobo - About the company
Cobo is a series B company based in Singapore (Singapore), founded in 2017 by Shixing Mao. It operates as a Provider of digital asset custody and wallet infrastructure solutions. Cobo has raised $70M in funding from investors like IMO Ventures, DST Global and Frees Fund. The company has 80 active competitors, including 20 funded and 14 that have exited. Its top competitors include companies like Hex Trust, Copper and Unchained Capital.
Company Details
Provider of digital asset custody and wallet infrastructure solutions. The company offers wallet technologies, APIs, and a multi-layer security matrix. It provides custodial, MPC, smart contract, and exchange wallets. The company supports multiple blockchains and tokens. It offers services for exchanges, payments, treasury, and asset management. The company provides tools for token onboarding, policy controls, and compliance.
- Website
- www.cobo.com/
- Email ID
- *****@cobo.com
Key Metrics
Founded Year
2017
Location
Singapore, Singapore
Stage
Series B
Total Funding
$70M in 5 rounds
Latest Funding Round
Investors
Ranked
2nd among 80 active competitors
Employee Count
129 as on May 31, 2026
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Cobo's funding and investors
Cobo has raised a total funding of $70M over 5 rounds. Its first funding round was on Oct 2017. Its latest funding round was a Series B round on Sep 23, 2021 for $*****. 3 investors participated in its latest round. Cobo has 10 institutional investors.
Here is the list of recent funding rounds of Cobo:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Sep 23, 2021 | 6935269 | Series B | 7364921 | 4195406 | 1997919 | 9915015 |
Oct 17, 2018 | 4197574 | Series A | 9824353 | 7604022 | 4521035 | |
Apr 18, 2018 | 8871854 | Seed | 5432852 | 4906469 | 7475931 |
View details of Cobo's funding rounds and investors
Cobo's founders and board of directors
Founder? Claim ProfileThe founders of Cobo is Shixing Mao. Shixing Mao is the CEO of Cobo.
Here are the details of Cobo's key team members:
- Shixing Mao: Co-Founder & CEO of Cobo. They are also an angel investor in 2 startups.Contact Info: 1 email address
View details of Cobo's Founder profiles and Board Members
Cobo's employee count trend
Cobo has 129 employees as of May 26. Here is Cobo's employee count trend over the years:
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Cobo's Competitors and alternates
Top competitors of Cobo include Hex Trust, Copper and Unchained Capital. Here is the list of Top 10 competitors of Cobo, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Custodian service for digital assets | $104M | 70/100 | ||
2nd | Provider of digital asset custody and wallet infrastructure solutions | $70M | 69/100 | ||
3rd | Copper 2018, Zug (Switzerland), Series C | Provider of digital asset custody and off-exchange settlement infrastructure services | $791M | 68/100 | |
4th | Unchained Capital 2017, Austin (United States), Series B | Custodian solutions for cryptocurrencies | $106M | 66/100 | |
5th | Bitcoin Suisse 2013, Zug (Switzerland), Series A | DIversified financial solutions for cryptocurrencies | $103M | 63/100 | |
6th | Provider of digital asset custody platform | $10M | 61/100 | ||
7th | First Digital 2001, Hong Kong (China), Acquired | Custodian solutions for cryptocurrencies | $28.2M | 58/100 | |
8th | Custodian services for cryptocurrencies | $100M | 57/100 | ||
9th | Financial custodian solutions for digital assets | $7.25M | 56/100 | ||
10th | Blockchain infrastructure and application development services | $19.3M | 56/100 |
Looking for more details on Cobo's competitors? Click here to see the top ones
Cobo's Investments and acquisitions
Cobo has not made any acquisitions yet. Cobo has made 9 investments.Here is the list of latest three $investments:
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Date of Investment/Acquisition | Type | Company Name | Founded Year | Location |
|---|---|---|---|---|
Sep 17, 2024 | Investments | 2021 | Mahe (Seychelles) | |
Sep 11, 2023 | Investments | 2020 | Singapore (Singapore) | |
Nov 30, 2022 | Investments | 2021 | Singapore (Singapore) |
See all investments by Cobo
Reports related to Cobo
Here is the latest report on Cobo's sector:
News related to Cobo
Media has covered Cobo for a total of 2 events in the last 1 year, 2 of them have been about partnerships.
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Morph and Cobo Partner to Boost Institutional Stablecoin FlowsGlobal Fintech Series•Jan 15, 2026•Cobo, Morph, Morph
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Real X Holding partners with Cobo for bank-level crypto securityGlobal Fintech Series•Nov 27, 2025•Cobo, Rex International
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Bitcoin Staking Layer Core Expands Dual BTC Staking in Asia AccessibilityGlobeNewswire•Mar 08, 2025•Core Scientific, Cobo
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Plume Expands Institutional Access Through Strategic Integration with CoboPR Newswire•Jan 17, 2025•Plume Network, Cobo
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Cobo, automobile grade UWB SOC and customer innovative design support with configured softwareKorea Newswire•Jan 14, 2025•Qorvo, Cobo
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Allo Secures $100 Million Bitcoin-Backed Credit Line Amid Growing Tokenization Opportunities in 2024Bitcoin Ethereum News•Dec 20, 2024•Allo, BNB Chain, , Cobo and 3 others
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Toobit Drives the Future of Exchange Security with Cutting-Edge SolutionsGlobal Fintech Series•Sep 23, 2024•Toobit, Cobo
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Toobit Drives the Future of Exchange Security with Cutting-Edge SolutionsGlobeNewswire•Sep 21, 2024•Toobit, Cobo
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Ripple Co-Founder Invests in New DeFi ProtocolDutchcryptotalk•Sep 17, 2024•Moonrockcapital, Consensys, Yellow, Ripple and 9 others
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