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Cobo to launch Babylon native staking app

Cobo, a provider of digital asset custody and wallet technology, announced that more than 4,160 BTC were successfully staked through Cobo's Babylon-based BTC Staking API in the Bitcoin staking protocol Babylon Cap-2 deposit event. The Cobo BTC Staking API covers the complete staking process, supporting UTXO splitting, pre-signing of staking transactions, and batch broadcasting. In addition, Cobo's one-stop hosting and wallet technology platform, Cobo Portal, will launch the BTC native Staking APP, allowing Cobo institutional users to participate in Babylon BTC staking through the Cobo MPC wallet.