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Transak Expands Infrastructure with Cobo’s MPC Wallets for OTC and Merchant Operations

Oct 6, 2025 6:57:14 PM / by Transak Team

Cobo’s MPC infrastructure will complement Transak’s global asset flows, including merchant acquiring and fund management.

Transak, a global crypto and stablecoin payments provider, has added Cobo as a partner to support its wallet infrastructure using Multi-Party Computation (MPC) technology. This integration enhances Transak’s over-the-counter (OTC) operations, corporate fund flows, and merchant acquiring needs as the company continues to grow across key markets like Asia, Europe, and the U.S. [[no widget]]

Transak provides secure on- and off-ramp infrastructure for users and institutions globally. As demand increases, particularly around stablecoin transactions and institutional settlement, Transak is investing deeply in infrastructure to meet this next wave of growth.

By adopting Cobo’s MPC Wallets, alongside its broader partner ecosystem, Transak gains a secure foundation for managing assets across multiple teams and regions. Cobo, as a licensed custodian, brings additional strategic value to the partnership. While Transak continues to operate as a non-custodial provider, this collaboration ensures that Transak is positioned to serve regulatory and enterprise clients who may require on- and off-ramping into regulated custody environments. Cobo’s MPC technology removes single points of failure and makes it easy to set transaction policies, implement multi-user approvals, and automate key parts of treasury and settlement operations — reinforcing compliance, trust, and readiness for institutional adoption.

“Transak has always appreciated technology that strengthens its infrastructure. Our partnership with Cobo is a step in the right direction to reinforce the security Transak’s partners and users expect,” said Maximilian von Hulewicz, General Manager APAC at Transak.

As part of this collaboration, Transak’s on- and off-ramp solutions will be integrated into the Cobo platform, enabling Cobo’s business clients to access Transak’s services through a seamless, streamlined process.

Transak’s infrastructure is designed to enable real-time settlements, support high-volume liquidity flows, and embed compliance frameworks tailored to different jurisdictions. It allows wallets, exchanges, fintechs, OTC desks, and payment institutions to plug in and operate at scale across fiat, stablecoins, and digital assets.

Transak brings a distinct advantage to this space: a deep local presence across key Asian markets, strong regulatory alignment, and a strong partner ecosystem. 

With Cobo’s MPC infrastructure now part of its partner stack, Transak is equipped to scale its asset flows with confidence—backed by a wallet solution built for security, flexibility, and operational speed.

About Transak

Transak is the payments infrastructure for stablecoins and crypto. With its Virtual Account APIs and compliance-ready rails, Transak enables apps to onboard users, facilitate cross-border payments, and support multi-party payment flows, natively within their platforms.

Integrated by 450+ apps and used by over 10 million users globally, Transak powers fiat-to-crypto and crypto-to-fiat transactions through bank transfers, cards, local payment methods, and stablecoins.

Transak operates globally, with a base in Miami and offices in London, Bengaluru, Dubai, and Hong Kong.

Learn more at transak.com or follow us on X and LinkedIn.

Tags: Partnerships, Announcements

Transak Team

Written by Transak Team