Cactus Custody Announces 2024 Annual Results: Rapid Growth and Innovative Breakthroughs
Cactus Custody, a leading digital asset custody service provider, has announced its 2024 annual results, showcasing rapid growth and multiple innovative breakthroughs. The company’s commitment to safety and compliance has driven its success, with a focus on providing secure, compliant, and efficient asset management solutions to global institutional customers.
Performance Highlights
* Added 177 new institutional customers, expanding its customer base * Assets under management reached $4 billion (AUC) * Supports 56 blockchains, covering more digital assets * Added 14 new DeFi connectors, including the Bitcoin ecosystem * Processes over 150 million transactions daily * Launched Oasis over-the-counter settlement service * Completed SOC 2 Type 2 certification with Deloitte, enhancing trust and compliance * Staked $147 million in BTC through the Babylon Cap2 event * Won the Hedgeweek Asia Pacific Hosting Provider of the Year Award
Strategic Cooperation and Ecological Co-Construction
Cactus Custody has formed strategic partnerships with several top companies, including:
* Elven: improving digital asset audit capabilities * Blocknative: enhancing real-time insights and MEV protection * Tenderly: improving on-chain visibility * Victory Securities: building an institutional-level custody bridge * InvestaX: promoting the tokenization of real-world assets (RWA) * RedotPay: improving settlement efficiency and compliance
In the DeFi space, Cactus Custody has partnered with CoreDAO to support Layer 1 solutions, combining the resilience of Bitcoin and the flexibility of Ethereum. The company has also staked $147 million in BTC through the Babylon Cap2 event and introduced ccBTC digital custody to ensure 1:1 Bitcoin reserves.
Strengthening Trust and Compliance
Cactus Custody has partnered with Vistra to provide high-net-worth investors and family offices with top-tier fiduciary services, enhanced compliance, and security frameworks. This strategic alliance consolidates Cactus Custody’s market position as a reliable digital asset custodian.
Innovative Services and Technology Expansion
Cactus Custody continues to lead OTC settlement innovation, partnering with Bitget to protect funds in a dedicated Oasis buffer account. The company has also supported 56 public blockchains and 173 tokens, including EVM and non-EVM networks. The newly launched BTC Ordinals connector and rare satoshi extraction technology introduce direct BTC staking function to DeFi, optimize Gas fees, and simplify the transaction process.
Honors and Certifications
Cactus Custody has received several honors and certifications, demonstrating its ongoing efforts in safety and compliance:
* Hedgeweek Asia Pacific Hosting Provider of the Year Award * ISO 27001, 27701, and 9001 certification * Completed SOC 2 Type 2 audit with Deloitte * Obtained a temporary exemption from the Monetary Authority of Singapore (MAS)
Looking Forward to 2025
As Cactus Custody celebrates its fruitful results in 2024, the company will continue to uphold its concept of “safety first, integrity eternal” and strive to create safer and more user-friendly digital asset management services. In 2025, Cactus Custody plans to launch more advanced technologies, establish more strategic partnerships, and attract more institutional participation.
About Cactus Custody
Cactus Custody is a leading digital asset custody service provider focused on providing secure, compliant, and efficient asset management solutions to global institutional customers. With advanced technology and deep industry experience, Cactus Custody is committed to promoting the development and innovation of the Web3 ecosystem.
Source: M.theblockbeats.info
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