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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.
Social
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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
Employee Count
129 as on May 31, 2026
Investment & Acquisitions
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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:lockFilter this list
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
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Cobo's founders and board of directors

Founder? Claim Profile
The founders of Cobo is Shixing Mao. Shixing Mao is the CEO of Cobo.
Here are the details of Cobo's key team members:

Cobo's employee count trend

Cobo has 129 employees as of May 26. Here is Cobo's employee count trend over the years:
Employee count trend for Cobo
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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:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Hex Trust
Hex Trust
2018, Hong Kong (China), Series B
Custodian service for digital assets
$104M
70/100
2nd
Logo for Cobo
Cobo
2017, Singapore (Singapore), Series B
Provider of digital asset custody and wallet infrastructure solutions
$70M
69/100
3rd
Logo for Copper
Copper
2018, Zug (Switzerland), Series C
Provider of digital asset custody and off-exchange settlement infrastructure services
$791M
68/100
4th
Logo for Unchained Capital
Unchained Capital
2017, Austin (United States), Series B
Custodian solutions for cryptocurrencies
$106M
66/100
5th
Logo for Bitcoin Suisse
Bitcoin Suisse
2013, Zug (Switzerland), Series A
DIversified financial solutions for cryptocurrencies
$103M
63/100
6th
Logo for GK8
GK8
2018, Tel Aviv (Israel), Acquired
Provider of digital asset custody platform
$10M
61/100
7th
Logo for First Digital
First Digital
2001, Hong Kong (China), Acquired
Custodian solutions for cryptocurrencies
$28.2M
58/100
8th
Logo for Komainu
Komainu
2001, Saint Helier (Jersey), Series B
Custodian services for cryptocurrencies
$100M
57/100
9th
Logo for Tetra
Tetra
2019, Calgary (Canada), Acquired
Financial custodian solutions for digital assets
$7.25M
56/100
10th
Logo for Tangany
Tangany
2018, Munich (Germany), Series A
Blockchain infrastructure and application development services
$19.3M
56/100
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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:lockFilter this list
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)
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Reports related to Cobo

Here is the latest report on Cobo's sector:

News related to Cobo

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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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