Cobo, a leader in custody and wallet solutions for digital assets, has announced its integration with Zircuit, a Layer-2 ZK-rollup platform. Zircuit, created by experiencedWeb3security professionals, has already secured over $2 billion inTotal Value Locked (TVL). This update was posted on Cobo X, which is a social account of the company.
Exciting News!
Cobo now integrates with @ZircuitL2, a L2 ZK-rollup developed by #Web3security veterans, with a Total Value Locked of over $2 billion. Following the recent launch of its $ZRC token, users can seamlessly manage #ZRC through Custodial & MPC Wallets, while… pic.twitter.com/a6bYajfsi2— Cobo (@Cobo_Global) November 28, 2024
Cobo Integrates $ZRC Token with Layer-2 Security and Low Costs
The partnership arrived shortly after Zircuit launched its own token known as $ZRC. Thanks to this integration, the users are able to interact with their $ZRC tokens on Cobo Custodial & MPC Wallets. This means that users can have the best security ever plus low costs all thanks to Layer-2 technology.
Cobo has a lot of emphasis placed on the safety of digital assets. It assists organizations and developers protect their crypto assets with relative simplicity. This is because the platform has been designed to host over 3,000 tokens on over 80 blockchains. This makes Cobo one of the most complete solutions for digital asset management of the present time.
Cobo Enhances Custody Services with Zircuit Integration
The company is already doing so with this new partnership with Zircuit, to build on what it already has to offer. The integration enables users to harness the novelty of the Zircuit technical offering while being able to harness the security and custody services offered by Cobo. This is going to make management of digital assets even more secure and efficient, which is important for users and organisations who wish to safeguard their stakes in an expanding crypto space.
Through the delivery of state of the art technology and secure custody solutions, Cobo enables clients to conduct their business securely. This collaboration with Zircuit will only improve Cobo’s status as one of the go-to platforms for digital assets protection and storage.