Costs, licensing, consumer protection Privacy, self-custody, censorship resistance

Cobo

Cobo Global

4.0/5 1.4/5 · Data verified on

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.

61
Transparency: Medium
61/100 · see methodology
61
Data exposure: Medium
61/100 · lower is better for sovereignty · methodology

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

A D ★ 4.0/5 ★ 1.4/5

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).

Fund control 20% 1.4

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.

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

Update history

✓ Terms unchanged since Jul 17, 2026

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