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Bitget announces strategic partnership with Cobo to further enhance user asset security

2023-09-18 10:04
Odaily News Bitget announced that it has reached a strategic partnership with Cobo and will be connected to Cobos over-the-counter settlement network SuperLoop to further enhance user asset security. Bitget’s institutional-level users can use Cobo’s multi-party computation (MPC) technology, Threshold Signature Algorithm (TSS) to ensure the security of their assets. This cooperation aims to set new industry standards to ensure the security of funds while improving the utilization rate of funds. Gracy Chen, Managing Director of Bitget, said: “By cooperating with Cobo SuperLoop, we will provide institutional-level customers with a seamless and secure trading experience.” Cobo CTO and co-founder Dr. Changhao Jiang said about this cooperation: “Cobo We are excited to offer a solution to Bitget’s institutional-grade clients and we believe this integration will set a new industry standard for ensuring the security of funds while trading on CEX.”