Multimodal Image Fusion (MMIF) aims to integrate complementary information from different imaging modalities to overcome the limitations of individual sensors. It enhances image quality and facilitates downstream applications such as remote sensing, medical diagnostics, and robotics. Despite significant advancements, current MMIF methods still face challenges such as modality misalignment, high-frequency detail destruction, and task-specific limitations. To address these challenges, we propose AdaSFFuse, a novel framework for task-generalized MMIF through adaptive cross-domain co-fusion learning. AdaSFFuse introduces two key innovations: the Adaptive Approximate Wavelet Transform (AdaWAT) for frequency decoupling, and the Spatial-Frequency Mamba Blocks for efficient multimodal fusion. AdaWAT adaptively separates the high- and low-frequency components of multimodal images from different scenes, enabling fine-grained extraction and alignment of distinct frequency characteristics for each modality. The Spatial-Frequency Mamba Blocks facilitate cross-domain fusion in both spatial and frequency domains, enhancing this process. These blocks dynamically adjust through learnable mappings to ensure robust fusion across diverse modalities. By combining these components, AdaSFFuse improves the alignment and integration of multimodal features, reduces frequency loss, and preserves critical details. Extensive experiments on four MMIF tasks-Infrared-Visible Image Fusion (IVF), Multi-Focus Image Fusion (MFF), Multi-Exposure Image Fusion (MEF), and Medical Image Fusion (MIF)-demonstrate AdaSFFuse's superior fusion performance, ensuring both low computational cost and a compact network, offering a strong balance between performance and efficiency. The code will be publicly available athttps://github.com/Zhen-yu-Liu/AdaSFFuse.