Advancing Security, Compliance, and Innovation
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Press Releases are sponsored content and not a part of Finbold’s editorial content. For a full disclaimer, please . Crypto assets/products can be highly risky. Never invest unless you’re prepared to lose all the money you invest. 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…
Filed under: News - @ January 8, 2025 12:14 am