Custodial Wallets
Introduction to Custodial Wallets
What are Custodial Wallets?
Cobo Portal’s Custodial Wallets are a secure and regulated custodial wallet solution, designed specifically for institutions to manage digital assets. Custodial Wallets take the complexity out of securing your assets by managing the private keys on your behalf. With a three-tier (hot, warm, cold) storage architecture and state-of-the-art security features combining Cobo’s battle-tested risk control engine, bank-grade Hardware Security Modules (HSM), and Intel Software Guard Extensions (SGX), Custodial Wallets ensure that your assets are safeguarded with utmost precision.
Types of Custodial Wallets on Cobo Portal
Custodial Wallets on Cobo Portal are divided into two types:
- Asset Wallets: Fund custodial wallets primarily for token transfers, with centralized fund management.
- Web3 Wallets: Address custodial wallets that support individual addresses. In addition to token transfers, Web3 Wallets support on-chain operations like contract calls and message signing.
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