Cactus Custody Facilitates $100M Bitcoin Staking in Babylon Project đ
According to Foresight News, Cactus Custody, a leading digital asset custodian, has announced its role in helping institutional users stake $100 million worth of Bitcoin (BTC) in the Babylon project. This is made possible through Cactus Custodyâs institutional-grade DeFi connector, Cactus Link, which allows users to easily complete staking operations via a browser interface, without requiring any development resources.
Cactus Link is equipped with robust security measures, such as transaction pre-validation, staking address pre-verification (or protection), multi-level review processes, hardware signature review mechanisms, Taproot address whitelisting, and auditor Ukey, ensuring the highest level of asset protection.
The Cactus Link DeFi connector is compatible with both EVM and non-EVM chains and currently supports over 20 public chains, including Bitcoin, Solana, and Ethereum. Users can conveniently access staking services through its browser plugin.
Stay tuned for more updates on this groundbreaking project!
#BTC #DeFi #Staking #Bitcoin #CactusCustody #BabylonProject #CryptoSecurity #Blockchain #Ethereum #Solana #Taproot #CryptoCustody
