Cobo Selected as Key Enterprise Partner Introduced by Hong Kong Financial Secretary

Odaily News: Digital asset custody and wallet infrastructure provider Cobo announced that it has been approved by the Hong Kong government and selected as a key enterprise partner introduced by the Financial Secretary. On April 20th, witnessed by Hong Kong Financial Secretary Paul Chan and other government leaders, Cobo COO Lily Z. King attended the signing ceremony and signed on behalf of the company, officially becoming a key enterprise partner of the Hong Kong SAR Government.

Singapore-headquartered Cobo stated it will establish its Northeast Asia regional headquarters in Hong Kong, with an expected cumulative investment exceeding several hundred million Hong Kong dollars by 2030. It will also significantly expand its local team, recruiting blockchain, security, and AI professionals globally, and continuously increase its investment in Hong Kong.

Simultaneously, Cobo plans to advance the research and development of Cobo Agentic Wallet-related infrastructure in Hong Kong and implement part of the R&D work related to the Google Agentic Payment (AP2) protocol, further supporting the development of Hong Kong's fintech, digital asset, and AI industries.