The pioneering crypto wallet Cobo has integrated INJ on its platform. Now millions of users will be able to hold INJ on a secure platform and have access to a number of unique features moving forward.
Cobo Wallet offers an all-in-one cloud wallet while supporting over 1,000+ assets across 50+ layer one chains. It provides some of the most cutting-edge asset management products through its staking support, finance expertise and DeFi team.
“We are excited to integrate Injective into Cobo. We have been following DeFi for quite some time and are impressed with INJ’s strong growth. We look forward to working with them moving forward,” said Cobo Cofounder & CEO Discus Fish.
From a strategic perspective, the vast majority of Cobo’s users come from China. So this integration will be instrumental in gaining a larger market share in the nascent Chinese DeFi ecosystem. Cobo has also begun efforts to expand across Asia, especially to developing economies which would further aid in accelerating Injective adoption.
“Cobo is a leading provider of wallet services in Asia right now. We are thrilled to be taking this next step in order to help augment both the Injective ecosystem,” said Injective Labs CEO Eric Chen.
In the coming months Injective will be integrating with a number of other platforms to increase the Injective’s footprint globally.
Cobo is a leading producer of software and hardware blockchain products. As a company, it emphasizes long-term security, reliability, and convenience. Cobo’s key products and services reflect that vision. Altogether, Cobo offers a one-stop digital asset financial service platform (Cobo Wallet), tailored custodial solutions for institutional investors (Cobo Custody), and an offline hardware digital wallet (Cobo Vault). With support for over 1,000+ tokens, it aims to be a one-stop shop for everything crypto.
Injective is a custom interoperable layer one protocol for building powerful exchange, DeFi, derivatives & Web3 applications. Injective was created using the Cosmos SDK and is able to achieve instant transaction finality while sustaining lightning fast speeds. INJ is the native deflationary scarce asset that powers the Injective Protocol and its rapidly growing ecosystem. Injective is incubated by Binance and is backed by Pantera Capital.