Cactus Custody releases 2024 Annual Achievements: Grateful for Your Partnership in Building the Future

By: blockbeats|2025/01/07 09:15:03
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Article Source: Cactus Custody

Cactus Custody releases 2024 Annual Achievements: Grateful for Your Partnership in Building the Future

As a leading company in the Web3 space, Cactus Custody today announced its 2024 annual performance. Over the past year, the company has achieved rapid growth and several innovative breakthroughs due to its commitment to security and compliance.

Performance Highlights

· Added 177 new institutional clients, continuously expanding its customer base

· Managed assets under custody (AUC) reached $4 billion

· Supported 56 blockchains, covering a wider range of digital assets

· Added 14 DeFi connectors, including those for the Bitcoin ecosystem

· Processed over 150 million transactions daily

· Launched the Oasis OTC settlement service

· Obtained SOC 2 Type 2 certification, enhancing trust through collaboration with Deloitte

· Staked $147 million worth of BTC through the Babylon Cap2 event

· Awarded the Hedgeweek Asia Pacific Annual Custodian Award

The above list is not in any particular order

Strategic Partnerships, Ecosystem Collaboration

In 2024, Cactus Custody collaborated with several top companies:

· Partnered with Elven to enhance digital asset auditing capabilities

· Teamed up with Blocknative to improve real-time insights and MEV protection

· Joined forces with Tenderly to enhance on-chain visibility

· Built an institutional-grade custody bridge with Victory Securities to expand professional services

· Collaborated with InvestaX to drive real-world asset tokenization (RWA)

· Partnered with RedotPay to enhance settlement efficiency and compliance, widening the gateway for users to enter the digital asset market

In the DeFi space, Cactus Custody continues to innovate by partnering with CoreDAO to support a Layer1 solution that combines Bitcoin's robustness with Ethereum's flexibility; through the Babylon Cap2 event, it staked $147 million worth of BTC and used Cactus Link to streamline custody and staking operations. Additionally, as a validator on the exSat mainnet, it has enhanced the security and interoperability of the Bitcoin network. Collaborations with CKB and Meson Finance have introduced ccBTC digital custody, ensuring a 1:1 Bitcoin reserve and increasing the efficiency of idle BTC utilization.

Enhancing Trust and Compliance

Cactus Custody has partnered with Vistra to provide top-tier trust services to high-net-worth investors and family offices, strengthening the compliance and security framework. This strategic alliance not only meets clients' needs in asset inheritance and protection, but also further cements Cactus Custody's position as a reliable digital asset custodian in the market.

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Innovative Services and Technology Expansion

Cactus Custody continues to lead in over-the-counter settlement innovation, partnering with Bitget to protect funds in a dedicated Oasis buffer account, enabling automatic settlement, reducing counterparty risk, while maintaining strict compliance standards. On the network and protocol side, it has supported 56 public blockchains and 173 token types, including EVM and non-EVM networks. The newly launched BTC Ordinals connector and Rare Satoshi Extraction Technology introduce direct BTC staking functionality to DeFi, optimize gas fees, streamline transaction processes, with future plans to expand to more EVM-compatible platforms.

Honors and Certifications

In 2024, Cactus Custody received multiple honors and certifications, showcasing its relentless efforts in security and compliance:

· Hedgeweek Asia-Pacific Annual Custodian Award

· ISO 27001, 27701, and 9001 certifications, demonstrating information security, data protection, and quality management capabilities

· Completion of SOC 2 Type 2 audit with Deloitte, reinforcing its trusted custodian status

· Obtained a temporary exemption from the Monetary Authority of Singapore (MAS) to continue providing digital payment token custody services

Outlook 2025: Continuing Innovation, Moving Towards Excellence

In celebrating the fruitful achievements of 2024, Cactus Custody will continue to uphold the principle of "safety first, integrity forever," committed to building a more secure, more user-friendly digital asset management service. Looking ahead to 2025, the company plans to introduce more advanced technologies, establish more strategic partnerships, and attract more institutional participation. Cactus Custody sincerely thanks all supporting partners and companions, looking forward to embracing more opportunities and challenges in the new year, driving the prosperity and innovation of the digital asset industry together.

About Cactus Custody

Cactus Custody is a leading digital asset custody service provider, focusing on providing secure, compliant, and efficient asset management solutions for global institutional clients. With advanced technology and deep industry experience, Cactus Custody is committed to driving the development and innovation of the Web3 ecosystem.


This article is a contributed content and does not represent the views of BlockBeats.

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