Source: Cactus Custody
As a leading company in the Web3 field, Cactus Custody today announced its 2024 annual results. In the past year, the company has achieved rapid growth and a number of innovative breakthroughs by adhering to security and compliance.
Performance Highlights
177 new institutional clients added, customer base continues to expand
· Assets under management (AUC) of $4 billion
Supports 56 blockchains, covering more digital assets
14 new DeFi connectors, including the Bitcoin ecosystem
Processing over 150 million transactions per day
Launch of Oasis OTC settlement service
Completed SOC 2 Type 2 certification and partnered with Deloitte to enhance trust
$147 million in BTC staked through Babylon Cap2 activity
Won the Hedgeweek Asia Pacific Custodian of the Year Award
The above order is not in any particular order
Strategic cooperation, ecological co-construction
In 2024, Cactus Custody has partnered with several top companies:
Collaborate with Elven to enhance digital asset audit capabilities
Collaboration with Blocknative to enhance real-time insights and MEV protection
Partnering with Tenderly to improve on-chain visibility
· Build an institutional-level custody bridge with Victory Securities to expand professional services
Collaborate with InvestaX to promote the tokenization of real-world assets (RWA)
Cooperate with RedotPay to improve settlement efficiency and compliance, and broaden users’ access to the digital asset market
In the field of DeFi, Cactus Custody continues to innovate, working with CoreDAO to support Layer1 solutions that combine Bitcoin's resilience and Ethereum's flexibility; staking $147 million in BTC through the Babylon Cap2 event, and using Cactus Link to simplify custody and staking operations. At the same time, as a validator of the exSat mainnet, it enhances the security and interoperability of the Bitcoin network. The cooperation with CKB and Meson Finance introduced ccBTC digital custody to ensure 1:1 Bitcoin reserves and improve the efficiency of idle BTC.
Strengthening trust and compliance
Cactus Custody and Vistra have partnered to provide top-tier trust services to high-net-worth investors and family offices, strengthening their compliance and security framework. This strategic alliance not only meets clients’ needs in terms of asset inheritance and protection, but also further consolidates Cactus Custody’s market position as a reliable digital asset custodian.
Innovative services and technology expansion
Cactus Custody continues to lead the innovation of over-the-counter settlement, working with Bitget to protect funds in a dedicated Oasis buffer account, achieve automatic settlement, reduce counterparty risk, and maintain strict compliance standards. In terms of network and protocol, 56 public blockchains and 173 tokens are supported, including EVM and non-EVM networks. The newly launched BTC Ordinals connector and rare satoshi extraction technology introduce direct BTC staking functions for DeFi, optimize gas fees, and simplify transaction processes. In the future, plans to expand to more EVM-compatible platforms.
Honors and Certifications
In 2024, Cactus Custody received several honors and certifications, demonstrating its continued efforts in security and compliance:
Hedgeweek Asia Pacific Custodian of the Year Award
ISO 27001, 27701 and 9001 certifications, demonstrating information security, data protection and quality management capabilities
Completed SOC 2 Type 2 audit with Deloitte to strengthen its position as a trusted custodian
Obtained temporary exemption from the Monetary Authority of Singapore (MAS) to continue providing digital payment token custody services
Looking forward to 2025: Continuous innovation and moving towards brilliance
As we celebrate the fruitful results of 2024, Cactus Custody will continue to uphold the concept of "safety first, integrity forever" and strive to create safer and more user-friendly digital asset management services. Looking forward to 2025, the company plans to launch more advanced technologies, establish more strategic partnerships, and attract more institutional participation. Cactus Custody sincerely thanks all the partners who support and accompany us, and looks forward to meeting more opportunities and challenges with everyone in the new year to promote the prosperity and innovation of the digital asset industry.
About Cactus Custody
Cactus Custody is a leading digital asset custody service provider, focusing on providing secure, compliant and efficient asset management solutions to global institutional clients. With advanced technology and deep industry experience, Cactus Custody is committed to promoting the development and innovation of the Web3 ecosystem.
This article is contributed by a contributor and does not necessarily represent the views of BlockBeats.