Singapore, Singapore, January eighth, 2025, Chainwire
Cactus Custody, a frontrunner within the Web3 sector, has launched its 2024 annual efficiency. The corporate achieved vital progress and innovation by focusing intensely on safety and compliance.
Efficiency Highlights
177 New Institutional Purchasers: Expanded buyer base$4 Billion AUC: Elevated belongings beneath custody56 Blockchains Supported: Broader digital asset coverage14 New DeFi Connectors: Together with the Bitcoin ecosystem150 million day by day transactions: Enhanced processing capacityOasis OTC Settlement Launched: Improved settlement servicesSOC 2 Kind II Licensed: Partnered with Deloitte to construct belief$147 Million BTC Staked: Via the Babylon Cap2 initiativeHedgeweek Asia-Pacific Award: Acknowledged as Custodian of the 12 months
The above association is in no explicit order
Strategic Partnerships
In 2024, partnerships have been shaped with main corporations to strengthen the ecosystem:
Elven: Enhanced digital asset auditingBlocknative: Improved real-time insights and MEV protectionTenderly: Elevated on-chain visibilityVictory Securities: Established institutional-grade custody bridgeInvestaX: Promoted real-world asset tokenization (RWA)RedotPay: Boosted fee settlement effectivity and compliance
DeFi Improvements
Cactus Custody superior in DeFi by collaborating with CoreDAO for a Layer-1 resolution combining Bitcoin’s resilience with Ethereum’s flexibility. BTC staking was streamlined by Cactus Hyperlink, and as an exSat mainnet validator, community safety, and interoperability have been enhanced. Partnerships with CKB and Meson Finance launched ccBTC custody, making certain a 1:1 Bitcoin reserve and optimizing idle BTC utilization.
Belief and Compliance
A partnership with Vistra was established to supply top-tier belief providers for high-net-worth traders and household workplaces, reinforcing compliance and safety frameworks. This alliance solidified Cactus Custody’s status as a dependable digital asset custodian.
Service and Expertise Enlargement
Innovation in off-exchange settlements was led by collaboration with Bitget, which protected funds in Oasis buffer accounts and enabled automated settlements. Help was prolonged to 56 public blockchains and 173 tokens, together with EVM and non-EVM networks. New BTC Ordinals connectors and rare-Satoshi extraction know-how have been launched, enabling direct BTC staking to DeFi, optimizing gasoline charges, and simplifying transactions, with plans for additional growth.
Honors and Certifications
Cactus Custody was honored with a number of awards and certifications in 2024:
Hedgeweek Asia-Pacific Custodian of the YearISO 27001, 27701, and 9001 Certifications: Demonstrating experience in info safety, information safety, and high quality managementSOC 2 Kind 2 Audit Accomplished with Deloitte: Reinforcing trustworthinessMAS Non permanent Exemption: Continued provision of digital fee token custody providers in Singapore
Wanting Forward to 2025
Cactus Custody stays dedicated to “Safety First, Integrity At all times” and plans for 2025, which embody launching superior applied sciences, forming new strategic partnerships, and attracting extra institutional purchasers. Gratitude is prolonged to all companions for his or her assist, with anticipation for continued progress and innovation within the digital asset business.
About Cactus Custody
Cactus Custody is a premier digital asset custody supplier providing safe, compliant, and environment friendly asset administration options for international institutional purchasers. Leveraging superior know-how and in depth business experience, Cactus Custody drives the event and innovation of the Web3 ecosystem.
Contact
Advertising/PR StaffCactus Custody[email protected]
