TechFlow news: Cobo, a digital asset custody and wallet technology service provider, announced that its one-stop platform Cobo Portal has now integrated WBTC redemption services. Institutional users can securely and efficiently perform WBTC MINT and BURN operations through the platform.
In August this year, BitGo announced the transfer of WBTC's management to a new joint venture entity with BiT Global. As one of the officially designated WBTC on-ramps, Cobo has safely processed over $20 million in digital assets and has completed system integration with the new entity, ensuring a seamless user experience unaffected by the transition.
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