TruBit Pro, Cobo Deepen Partnership for Enhanced Crypto Security

TruBit Pro, a prominent cryptocurrency exchange platform, and Cobo, a leading digital asset custody provider, have announced a significant deepening of their strategic partnership. This collaboration aims to comprehensively upgrade the security system for user assets, marking a pivotal advancement in the cryptocurrency industry.

The partnership will focus on expanding from centralized custody to MPC (Multiparty Computation) co-custody. By integrating Cobo's advanced TSS (Threshold Signature Scheme) architecture and hardware isolation mechanisms, the two entities aim to establish military-grade security protections. This approach is designed to eliminate the single point of failure risk that is often associated with centralized exchanges, thereby enhancing the overall security of user assets.

In addition to the enhanced security measures, the collaboration will also encompass KYT (Know Your Transaction) risk control technology, global compliance certification, and ecosystem synergy. These elements are crucial for bolstering the platform's risk resistance and improving the efficiency of fund utilization. TruBit Pro CEO Maggie Wu highlighted the success of their five-year partnership with Cobo, noting that it has been free of any security incidents. This track record underscores the effectiveness of their long-term strategy, which prioritizes security above all else.

Cobo CEO ShenYu echoed this sentiment, describing the collaboration as a reaffirmation of their shared vision for an "integrated custody solution." Both companies are committed to continuing their joint efforts to build a trusted and robust encrypted asset ecosystem. This partnership not only strengthens the security framework for cryptocurrency assets but also sets a new standard for the industry, emphasizing the importance of comprehensive security measures and compliance in the digital asset space.