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Cobo Launches NaaS: A Comprehensive NFT Custody Solution for Institutions and Individuals

Cobo introduces NaaS (NFT-as-a-Service), a secure and efficient custody solution for managing NFT assets, designed to meet the growing needs of institutions and collectors in the digital asset space.
Published on 2022-09-14

Introducing Cobo NaaS: A Secure NFT Custody Solution

Cobo has unveiled its latest innovation, NaaS (NFT-as-a-Service), a robust platform designed to provide safe and efficient storage, management, and trading of NFT assets. This solution caters to both individual users and institutions, offering a one-stop-shop for NFT custody and transactions.

The NFT Boom and Institutional Adoption

Since the 2021 NFT Summer, NFTs have become a key asset class for institutions, including Web3 funds and marketplaces. Major brands like Nike, TIME Magazine, Adidas, and Prada are increasingly adopting NFTs, driving demand for secure and flexible custody solutions. Cobo NaaS addresses this need by supporting NFT custody across multiple blockchain platforms, starting with Ethereum and EVM-compatible chains.

Seamless Integration and Multi-Role Access

Institutions can integrate with Cobo NaaS via MetaMask Institutional or the Cobo Custody NFT API, enabling them to retain their front-end interface while accessing the platform's full functionalities. A standout feature is its multi-role access system, allowing creators to assign roles such as Operators and Auditors. This creates a multi-signature security framework, reducing the risk of embezzlement and misappropriation of funds.

Flexible Risk Control and Advanced Features

Cobo NaaS offers customizable risk control strategies, including whitelisting contract addresses and setting transaction limits. Users can also filter transactions by NFT, wallet, coin, operator, and date range, generating detailed reports with ease. These features enhance workflow efficiency and adaptability, making the platform suitable for evolving institutional needs.

The Future of NFT Custody

As blockchain adoption grows, the demand for secure and efficient custody solutions is rising. Cobo NaaS is poised to play a key role in this space, offering a combination of asset security, customizable interfaces, and full-suite management services. With its industry-leading security technologies, Cobo is setting a new standard for NFT custody and management.

About Cobo

Cobo is Asia’s largest digital asset custodian and blockchain technology provider, trusted by over 300 institutions and high-net-worth individuals. The company specializes in building scalable infrastructure for Web 3.0, offering a range of services including DeFi asset management, staking, and NFT solutions. Cobo’s commitment to innovation and security makes it a leader in the digital asset space.

For more information about Cobo’s NaaS, contact communications@cobo.com.

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