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Cobo, the Singapore-based digital asset custody provider, has launched the Cobo Agentic Wallet, a purpose-built infrastructure product designed to let artificial intelligence agents autonomously execute blockchain transactions without the security risks inherent in conventional crypto wallet designs.
The product, unveiled April 20, enters a rapidly growing market as institutions and developers race to deploy autonomous software agents capable of managing real on-chain capital.
At the core of the new wallet is multi-party computation, or MPC, a cryptographic technique that divides private key control across multiple parties so that no single entity, including the AI agent itself, can unilaterally authorize a transaction.
Signing authority is split between two groups: one pairing the agent with Cobo’s infrastructure, and a second reserved for human oversight and governance. A complete private key never exists in any single location at any time, which the company argues eliminates the catastrophic single-point-of-failure risk that traditional wallet architectures carry into an agentic context.
Even prompt injection attacks, model hallucinations, or leaked credentials cannot produce a valid transaction signature under the design. Compromised code cannot act alone; the math simply does not permit it.
The product introduces a mechanism called Pact, a dynamically generated, task-specific authorization contract that governs each discrete action an AI agent takes. Co-founder and CTO Changhao Jiang described a Pact as defining what an agent can do, where it must stop, and when execution ends.
Critically, those rules are enforced at the cryptographic infrastructure level rather than in software code that a compromised or misbehaving model could bypass. Users define spending limits, contract allowlists, chain restrictions, and termination conditions before any agent begins operating. An emergency freeze function in the companion mobile app can instantly revoke an agent’s access across all active Pacts.
The wallet supports more than 80 blockchain networks, including Ethereum, Base, Arbitrum, Optimism, Polygon, Solana, and BNB Chain. It integrates directly with major AI agent frameworks, among them LangChain, the OpenAI Agents SDK, Anthropic’s Claude MCP, Agno, and CrewAI, lowering the barrier for developers already building on those platforms.
A modular skills framework allows users to attach specific capabilities to individual agents and tightly restrict their operational scope, making it easier to deploy purpose-built bots without granting them unnecessary permissions over broader treasury assets.
Cobo is entering a field that has grown competitive in recent months. Coinbase has introduced agentic wallets permitting agents to hold funds and execute trades independently. Hardware wallet maker Ledger has published a dedicated AI security agenda, and Trust Wallet released a developer toolkit for agent-driven crypto transactions.
What distinguishes Cobo’s approach is its emphasis on narrow, task-level permissions rather than broad delegation, a philosophy that may prove more attractive to institutional funds, DeFi protocols, and enterprise treasury teams that want automation without surrendering custody control.
The launch reflects a wider industry shift in how crypto firms are treating AI, moving beyond analytics and customer service toward systems that can independently manage treasury balances, pay for API services, rebalance portfolios, and interact with decentralized applications in real time.
Cobo, which says it has secured more than $3.8 trillion in assets over eight years with zero breaches, is betting that the next wave of institutional demand will require security guarantees that existing wallet infrastructure was simply never designed to provide.
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