Cobo launches Agentic Wallet with AI-driven transactions and MPC security

Cobo, a Singapore‑based crypto asset manager, announced the Cobo Agentic Wallet on June 10, 2024 ^[1]. The wallet lets artificial‑intelligence agents initiate on‑chain transactions while a multi‑party computation system safeguards assets.

The launch matters because AI‑driven finance promises faster, automated services, yet without strong safety nets it could expose users to costly errors or hacks. By embedding security into the execution layer, Cobo aims to make autonomous blockchain actions viable for developers and enterprises.

The Agentic Wallet combines AI‑generated transaction logic with a guardrail that splits cryptographic keys among three independent parties ^[2]. This multi‑party computation (MPC) design means no single entity can unilaterally move funds, reducing the risk of malicious or erroneous transactions. The wallet’s interface allows developers to define agent scripts that interact with smart contracts, while the MPC layer validates each action before it is broadcast.

"The Cobo Agentic Wallet is the first product that combines AI‑driven on‑chain execution with multi‑party computation guardrails, giving users confidence that autonomous transactions remain secure," said Jian Wu, co‑founder and CEO of Cobo.

Liam Chen, a senior analyst at BeinCrypto, said "Agentic finance promises to let AI agents act on your behalf, but without strong safety mechanisms it could open the door to costly mistakes; Cobo’s MPC‑based guardrails are a concrete step toward responsible deployment."

Industry observers note that Cobo’s approach mirrors broader trends where fintech firms embed cryptographic safeguards into AI tools. While other platforms have experimented with AI‑generated trades, few have linked execution to MPC, a technology traditionally used in high‑value custodial services. Regulators have expressed interest in how such hybrid systems manage systemic risk, but Cobo says its design complies with existing anti‑money‑laundering and know‑your‑customer standards.

**What this means** – The wallet signals a shift toward more secure, autonomous blockchain applications. By marrying AI flexibility with proven cryptographic protection, Cobo could accelerate enterprise adoption of decentralized finance tools while setting a benchmark for safety that regulators and competitors may soon follow.