Singapore, Singapore, January 8th, 2025, Chainwire
Cactus Custody, a leader in the Web3 sector, has released its 2024 annual performance. The company achieved significant growth and innovation by focusing intensely on security and compliance.
Performance Highlights
- 177 New Institutional Clients: Expanded customer base
- $4 Billion AUC: Increased assets under custody
- 56 Blockchains Supported: Broader digital asset coverage
- 14 New DeFi Connectors: Including the Bitcoin ecosystem
- 150 million daily transactions: Enhanced processing capacity
- Oasis OTC Settlement Launched: Improved settlement services
- SOC 2 Type II Certified: Partnered with Deloitte to build trust
- $147 Million BTC Staked: Through the Babylon Cap2 initiative
- Hedgeweek Asia-Pacific Award: Recognized as Custodian of the Year
The above arrangement is in no particular order
Strategic Partnerships
In 2024, partnerships were formed with leading companies to strengthen the ecosystem:
- Elven: Enhanced digital asset auditing
- Blocknative: Improved real-time insights and MEV protection
- Tenderly: Increased on-chain visibility
- Victory Securities: Established institutional-grade custody bridge
- InvestaX: Promoted real-world asset tokenization (RWA)
- RedotPay: Boosted payment settlement efficiency and compliance
DeFi Innovations
Cactus Custody advanced in DeFi by collaborating with CoreDAO for a Layer-1 solution combining Bitcoin’s resilience with Ethereum’s flexibility. BTC staking was streamlined through Cactus Link, and as an exSat mainnet validator, network security, and interoperability were enhanced. Partnerships with CKB and Meson Finance introduced ccBTC custody, ensuring a 1:1 Bitcoin reserve and optimizing idle BTC usage.
Trust and Compliance
A partnership with Vistra was established to offer top-tier trust services for high-net-worth investors and family offices, reinforcing compliance and security frameworks. This alliance solidified Cactus Custody’s reputation as a reliable digital asset custodian.
Service and Technology Expansion
Innovation in off-exchange settlements was led by collaboration with Bitget, which protected funds in Oasis buf
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Author: Crypto Daily™
