Partnership Announcement 

London: 27 September, Nemean and Cobo have announced a partnership to provide faster, key recovery services for crypto investors using Cobo's MPC wallet solution. 

This alliance is a key step towards our goal of empowering the crypto economy. As the cryptocurrency market expands, security has become a top priority for investors and institutions alike. With the increasing value of digital assets and the complexity of decentralised finance (DeFi) ecosystems, robust solutions like Multi-Party Computation (MPC) and key recovery systems are essential to empower users and safeguard their holdings.

About Nemean 

Nemean Services is a premier provider of data backup, audit, and digital asset recovery services.

Nemean specialises in air-gapped cold storage, offering client funds unmatched protection against unauthorised access and data breaches. It ensures data integrity through diligent auditing, insurance coverage, and robust due diligence procedures.

In the event of data loss, Nemean swiftly executes asset recovery, minimising downtime and disruptions, and ensuring business continuity. This reliability is anchored in strong data management practices, backed by ISO 27001 and SOC 2 accreditations. Nemean partners with crypto custodians and represents institutional investors, currently providing storage and recovery services for over 200 institutional accounts worldwide.

Nemean was established in 2021, providing industry-leading trusted third-party services to institutional clients using Copper.co's custody platform. In 2024, Nemean has partnered with providers such as Utila, Safeheron and Coinsdo, and now, Cobo, to provide air-gapped cold storage solutions to institutional investors. Our goal is to mitigate counter-party risk and safeguard our clients' assets. 

About Cobo

Based in Singapore, Cobo is a leading provider of digital asset custody and wallet infrastructure solutions, established in 2017 by blockchain pioneers. Trusted by over 500 organisations globally, Cobo securely manages billions of dollars in assets, maintaining a flawless security track record with zero incidents.

Cobo offers the industry’s only unified digital asset wallet platform, integrating four key wallet technologies: Custodial Wallets, MPC (Multi-Party Computation) Wallets, Smart Contract Wallets, and Exchange Wallets. This comprehensive platform, combined with advanced risk management and developer tools, empowers organisations and developers to innovate, scale, and manage digital assets efficiently and securely.

Clients using MPC wallets can benefit from:

Decentralised Private Key Management: By leveraging Multi-Party Computation (MPC), private keys are never fully exposed or stored in a single location. This innovative approach reduces the risk of theft or loss, safeguarding against online hacks while ensuring continued access to funds in key recovery scenarios. 

Cutting-Edge Innovations: MPC wallet solutions are designed to stay ahead of the rapidly evolving crypto landscape. By integrating the latest advancements, clients have access to state-of-the-art tools that keep them competitive and secure in the ever-changing crypto market.

Robust Institutional Security: MPC technology eliminates any single point of failure, significantly enhancing wallet security. This makes it an ideal solution for institutions handling large volumes of digital assets, providing them with unmatched protection against vulnerabilities.

Nemean’s partnership with MPC providers for key recovery services provides clients with an extra layer of security and peace of mind. In the event of lost access to private keys or unexpected service disruptions, Nemean acts as a trusted safeguard, reinforcing Nemean's commitment to advanced, secure digital asset management.