TechFlow News — According to official information, Micah (Shen Yu) issued an all-hands letter within Cobo, stating that 2021 was a year marked by abundant industry opportunities intertwined with increasingly significant policy barriers. He also indicated that in 2022, Cobo will strengthen its compliance awareness, actively embrace regulation, and properly manage the relationship between compliance and growth. The company is currently applying for relevant compliance licenses in Singapore and Hong Kong, while continuously exploring pathways toward compliance in Europe and the United States.
In the letter, he also shared Cobo's future strategic plans, reaffirming the company’s strategic focus on blockchain infrastructure middleware. Cobo will further develop its strengths in multiple areas including DaaS, DeFi Fund, and WaaS, while deepening technical security and enhancing user security awareness. Approximately 70%-80% of its strategic focus will remain on existing and upcoming core domains, while 20%-30% of resources will be allocated to exploratory initiatives.
