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Cobo selected as a key enterprise partner introduced by the Hong Kong Financial Secretary
Odaily Planet Daily News: Digital asset custody and wallet infrastructure provider Cobo announced that it has been approved by the Hong Kong government to be selected as a key enterprise partner introduced by the Financial Secretary. On April 20, witnessed by Hong Kong Financial Secretary Paul Chan and other government officials, Cobo COO Lily Z. King attended the signing ceremony and signed on behalf of the company, officially becoming a key enterprise partner of the Hong Kong SAR government.
Headquartered in Singapore, Cobo said it will establish a Northeast Asia regional headquarters in Hong Kong, with expected cumulative investment of more than hundreds of millions of Hong Kong dollars by 2030, and will strongly expand its local team, recruiting blockchain, security, and AI professionals globally, and continuously increasing its investment in Hong Kong.
At the same time, Cobo also plans to advance R&D of infrastructure related to Cobo Agentic Wallet in Hong Kong, and to implement some R&D work related to the Google Agentic Payment (AP2) agreement, further supporting the development of Hong Kong’s fintech, digital assets, and AI industries.