Source: Cactus Custody
As a leading enterprise in the Web3 field, Cactus Custody announced its 2024 annual performance today. In the past year, the company has achieved rapid growth and multiple innovative breakthroughs through its commitment to security and compliance.
Performance Highlights
· Added 177 institutional clients, continuously expanding the client base
· Asset management scale reaches $4 billion (AUC)
· Supports 56 blockchains, covering more digital assets
· Added 14 DeFi connectors, including the Bitcoin ecosystem
· Daily processing of over 150 million transactions
· Launched Oasis over-the-counter settlement services
· Completed SOC 2 Type 2 certification, collaborating with Deloitte to enhance trust
· Staked $147 million BTC through the Babylon Cap2 event
· Winner of Hedgeweek Asia-Pacific Custodian of the Year Award
The above arrangements are not in any particular order
Strategic cooperation, ecological co-construction
In 2024, Cactus Custody collaborates with several top enterprises:
· Partnered with Elven to enhance digital asset auditing capabilities
· Partnered with Blocknative to enhance real-time insights and MEV protection
· Collaborated with Tenderly to enhance on-chain visibility
· Built an institutional-grade custody bridge with Victory Securities to expand professional services
· Collaborated with InvestaX to promote the tokenization of real-world assets (RWA)
· Partnered with RedotPay to enhance settlement efficiency and compliance, broadening user access to the digital asset market
In the DeFi space, Cactus Custody continues to innovate, collaborating with CoreDAO to support Layer 1 solutions that combine Bitcoin resilience with Ethereum flexibility; staked $147 million BTC through the Babylon Cap2 event, simplifying custody and staking operations with Cactus Link. Additionally, as a validator on the exSat mainnet, it enhances the security and interoperability of the Bitcoin network. Collaborations with CKB and Meson Finance introduced ccBTC digital custody, ensuring a 1:1 Bitcoin reserve, improving the utilization efficiency of idle BTC.
Strengthening trust and compliance
Cactus Custody collaborates with Vistra to provide top-tier trust services for high-net-worth investors and family offices, strengthening compliance and security frameworks. This strategic alliance not only meets clients' needs for asset inheritance and protection but also further solidifies Cactus Custody's market position as a reliable digital asset custodian.
Innovative services and technology expansion
Cactus Custody continues to lead innovation in over-the-counter settlements, partnering with Bitget to protect funds in dedicated Oasis buffer accounts, achieving automated settlements, reducing counterparty risk, while maintaining strict compliance standards. In terms of networks and protocols, it supports 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 capabilities into DeFi, optimizing gas fees and simplifying transaction processes, with plans to expand to more EVM-compatible platforms in the future.
Honors and Certifications
In 2024, Cactus Custody received multiple honors and certifications, showcasing its relentless efforts in security and compliance:
· Hedgeweek Asia-Pacific Custodian of the Year Award
· ISO 27001, 27701, and 9001 certifications, demonstrating capabilities in information security, data protection, and quality management
· Completed SOC 2 Type 2 audit with Deloitte, reinforcing its position as a trusted custodian
· Obtained a temporary exemption from the Monetary Authority of Singapore (MAS) to continue providing digital payment token custody services
Outlook for 2025: Continuous innovation towards brilliance
As we celebrate the fruitful achievements of 2024, Cactus Custody will continue to uphold the philosophy of 'Safety First, Integrity Forever', dedicated to creating a safer and more friendly digital asset management service. Looking ahead to 2025, the company plans to launch more advanced technologies, establish more strategic partnerships, and attract greater institutional participation. Cactus Custody sincerely thanks all partners for their support and companionship, anticipating more opportunities and challenges together 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 focused on providing secure, compliant, and efficient asset management solutions for institutional clients worldwide. 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 and does not represent BlockBeats' views.