Cobo said its consumer wallet app stopped accepting new registrations in 2021 and continued serving existing users to allow time for withdrawals. The shutdown is a strategic business adjustment and does not affect Cobo's institutional and enterprise wallet or custody services, which will continue operating normally. Users must withdraw assets by November 30 at 11:59 PM (UTC+8); remaining assets will incur a 2% monthly management fee with a $100 minimum, first charged January 1, 2027. Accounts under $100 will be fully deducted. Cobo plans upgraded institutional wallet features in mid-November, including products for enterprise and AI agent payments.

AI summary of the linked source — not editorial content.

Story signal · how it spread on X · via Elfa

as of
Spread
i
Distinct X and Telegram accounts Elfa counted behind this story’s reports, summed over the thread. Not posts, not impressions.
5 accounts

first post
Leviathan +9.6 h later

Thread · 1 event
  1. First reportCobo Wallet App to shut down December 1; users must withdraw assets by November 305 acc.
  2. Leviathan published this article

All times UTC.

Cited posts

  • @BlockBeatsAsia BlockBeats｜We're hiring!First reportOn X ↗

    💡 Cobo Wallet App 即将关停：一家加密钱包公司的九年转型史 Cobo Wallet App 将于 2026 年 12 月 1 日正式关闭服务。用户需在 11 月 30 日 23:59 前转出全部资产，否则后续将按月收取账户管理费：余额的 2%，每月最低等值 100 美元。 在 Cobo… https://t.co/1JwvbuVCXe

  • @WuBlockchain Wu BlockchainOn X ↗

    Cobo Wallet, One of the Early Crypto Wallet Apps Launched by F2Pool Co-Founder, to Shut Down Digital asset custody provider Cobo announced that its Cobo Wallet App will shut down on December 1 as part of a strategic business adjustment. Users must withdraw all assets by November…

  • @TheBlockCo The BlockOn X ↗

    THE BLOCK: Singapore-based crypto custody firm Cobo is shutting down its wallet app on Dec. 1 and telling users to move their assets out before the deadline. Funds left behind will face a 2% monthly fee with a $100 minimum, wiping out balances below $100 in one go.

Show 1 more cited post
  • @BitcoinArchive Bitcoin ArchiveOn X ↗

    BREAKING: Cobo Wallet app shuts down in December. • Withdraw your Bitcoin by Nov. 30 to avoid a $100/month minimum fee. • Institutional custody services remain fully active.

1 more account posted about this · 1 Telegram channel (no public link)

Social-monitoring data, not investment advice Elfa post text from Xas of

Explore the topic

Loading related coverage…

Explore the full feed

Comments

Loading comments…