MPC Co-managed Custody for Bitcoin Layer 2 Bridges Cobo Introduces MPC Co-managed Custody Solution for Bitcoin Layer 2 Bridges SINGAPORE, Feb. 16, 2024 (GLOBE NEWSWIRE) -- Cobo, a leading provider of digital asset custody solutions, is proud to announce the launch of its innovative MPC co-managed custody solution for Bitcoin Layer 2 bridges. This pioneering solution is designed to address the critical security challenges of funds flowing in and out of Bitcoin Layer 2s (L2s). Built on the foundat