Cobo Argus: TVL surpasses 200 million USD, bridging centralized and decentralized custody platforms

ChainCatcher news, digital asset custody solution provider Cobo released the Cobo Argus 2023 annual review. From January 1, 2023, to January 1, 2024, the TVL of its institutional-grade on-chain digital asset management solution Cobo Argus has grown from $24.42 million to $240 million, with an annual growth rate of 874%. The Top 3 protocols by interactive fund volume are Lybra Finance, GMX, and Paraswap.

At the same time, Cobo released the Cobo Argus 2024 roadmap: In 2024, Cobo Argus will connect to more public chains; it will integrate the centralized custody platform Cobo Custody with Cobo Argus accounts, enabling seamless asset usage across centralized and decentralized platforms; and it will launch a bot application development platform and a Bot Marketplace, allowing capable institutions and developers to create their own bots and sell them in the bot marketplace.