Skip to main content
Asset Wallets are a type of fully custodial wallet designed for the secure storage, transfer, and centralized management of digital assets. They allow you to manage funds across multiple blockchains and addresses in a unified manner, without the need to interact with smart contracts or perform on-chain operations. Asset Wallets help improve operational efficiency and control, making them well suited for day-to-day deposits and withdrawals, fund consolidation, batch processing, and multi-role collaboration.

​
Key features

​
Automatic token sweep

Asset Wallets include a built-in token sweep mechanism that automatically consolidates funds from deposit addresses, helping reduce operational overhead and on-chain transaction costs.

​
Built-in KYT compliance

All transactions from Asset Wallets are automatically screened by Cobo’s KYT engine to meet regulatory and risk management requirements.

​
Cobo Loop support

Transfers between Asset Wallets can be settled instantly with zero fees using Cobo Loop, making it ideal for internal fund movements and wallet coordination across chains.

​
Asset Wallets vs. Web3 Wallets

Key differences between Web3 Wallets and Asset Wallets are as follows: Learn more about using Asset Wallets: