Coincover in the UK partners with Cobo to provide third-party private key disaster recovery services for its MPC custody solution

ChainCatcher news, UK digital asset security service company Coincover has partnered with Asia-Pacific digital asset custody technology service platform Cobo to join as a third-party private key disaster recovery service partner for the Cobo MPC custody solution.

It is reported that Coincover was founded in 2018, with founders having a background in the Royal Mint. On February 9, it just completed a new round of financing of $30 million. Coincover's participation in Cobo's MPC co-custody solution is expected to help it further expand into the Asian market, while Cobo can further enhance its ability to serve global clients and expand its global market.