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Custodian Cobo Wallet Closes $40M Series B to Expand Institutional DeFi Offerings

Singapore-based crypto custodian Cobo Wallet raised $40 million in a Series B round led by DST Global, A&T Capital and IMO Ventures.The funds will be used for Cobo’s so-called “DeFi as a Service (DaaS)” product. Speaking to CryptoX, COO Lily Zhuo described the product as a one-stop solution for institutions

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