Singapore, Singapore, January eighth, 2025, Chainwire
Cactus Custody, a pacesetter within the Web3 sector, has launched its 2024 annual efficiency. The corporate achieved important 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: By means of the Babylon Cap2 initiativeHedgeweek Asia-Pacific Award: Acknowledged as Custodian of the Yr
The above association is in no explicit order
Strategic Partnerships
In 2024, partnerships had 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 cost settlement effectivity and compliance
DeFi Improvements
Cactus Custody superior in DeFi by collaborating with CoreDAO for a Layer-1 answer combining Bitcoin’s resilience with Ethereum’s flexibility. BTC staking was streamlined via Cactus Hyperlink, and as an exSat mainnet validator, community safety, and interoperability had 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 buyers and household places of work, reinforcing compliance and safety frameworks. This alliance solidified Cactus Custody’s status as a dependable digital asset custodian.
Service and Know-how Enlargement
Innovation in off-exchange settlements was led by collaboration with Bitget, which protected funds in Oasis buffer accounts and enabled automated settlements. Assist was prolonged to 56 public blockchains and 173 tokens, together with EVM and non-EVM networks. New BTC Ordinals connectors and rare-Satoshi extraction expertise had 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, knowledge safety, and high quality managementSOC 2 Kind 2 Audit Accomplished with Deloitte: Reinforcing trustworthinessMAS Short-term Exemption: Continued provision of digital cost token custody providers in Singapore
Trying Forward to 2025
Cactus Custody stays dedicated to “Safety First, Integrity At all times” and plans for 2025, which embrace 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 expertise and in depth business experience, Cactus Custody drives the event and innovation of the Web3 ecosystem.
Contact
Advertising/PR WorkforceCactus Custody[email protected]
