Cactus Custody Releases 2024 Highlights: Advancing Safety, Compliance, and Innovation

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 Shoppers: Expanded buyer base$4 Billion AUC: Elevated property underneath custody56 Blockchains Supported: Broader digital asset coverage14 New DeFi Connectors: Together with the Bitcoin ecosystem150 million every 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 the Babylon Cap2 initiativeHedgeweek Asia-Pacific Award: Acknowledged as Custodian of the Yr

The above association is in no specific order

Strategic Partnerships

In 2024, partnerships had been shaped with main firms 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 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, guaranteeing 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 places of work, reinforcing compliance and safety frameworks. This alliance solidified Cactus Custody’s popularity as a dependable digital asset custodian.

Service and Know-how Growth

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 had been launched, enabling direct BTC staking to DeFi, optimizing gasoline charges, and simplifying transactions, with plans for additional enlargement.

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 data safety, knowledge 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

Trying Forward to 2025

Cactus Custody stays dedicated to “Safety First, Integrity All the time” 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 help, 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 world institutional purchasers. Leveraging superior know-how and in depth business experience, Cactus Custody drives the event and innovation of the Web3 ecosystem.ContactMarketing/PR TeamCactus Custodypress@mycactus.com

Disclaimer: It is a sponsored press launch and is for informational functions solely. It doesn't mirror the views of Crypto Each day, neither is it meant for use as authorized, tax, funding, or monetary recommendation.