Singapore Singapore January 8, 2025 Chainwire
Cactus careSector leader Web3 has announced its 2024 financial results. The company achieved significant growth and innovation with a strong focus on security and compliance.
Performance highlights
- 177 new institutional customers: expanding customer base
- $4 billion AUC: More assets under supervision
- Supports 56 blockchains: Covers wider digital content
- 14 new DeFi connectors: including the Bitcoin ecosystem
- 150 million transactions per day: increased processing capacity
- Launch of Oasis OTC deal: Improving payment services
- SOC 2 Type II Certified: Partner with Deloitte to build trust.
- Staking $147 Million in BTC: Through the Babylon Cap2 Initiative
- Hedgeweek Asia-Pacific Awards: Honored as Custodian of the Year
The above terms are in no particular order.
strategic cooperation
In 2024, partnerships with leading companies were established to strengthen the ecosystem:
- Elven: Improved Digital Asset Verification
- Blocknative: Improving Real-Time Insights and MEV Protection
- Tenderly: Increase visibility on the chain
- Victory Securities: Establishing an Institutional Supervision Bridge
- InvestaX: Promoting Real World Assets (RWA) Tokens
- RedotPay: Increase payment efficiency and compliance
DeFi innovation
Cactus Custody advances in DeFi by partnering with CoreDAO for a Layer-1 solution that combines the flexibility of Bitcoin with the flexibility of Ethereum. BTC staking has been improved. cactus linkAnd as a validator of the exSat network, network security and interoperability are improved. The partnership with CKB and Meson Finance offers ccBTC custody, which guarantees a 1:1 Bitcoin reserve and optimizes the use of idle BTC.
Trust and Compliance
Partner with Vistra Founded to offer premier fiduciary services for high net worth investors and family offices. It strengthens the compliance and security framework. This partnership strengthens Cactus Custody’s reputation as a trusted custodian of digital assets.
Expanding services and technology
Innovation in off-exchange settlements is led by a partnership with Bitget, which protects funds in Oasis’ buffer accounts and enables automatic settlements. Support has been extended to 56 public blockchains and 173 tokens, including EVM and non-EVM networks. A new BTC Ordinals connector has been introduced and rare Satoshi splitting technology allows for staking. BTC Direct to DeFi Optimizes Gas Fees and simplify transactions With additional expansion plans
Honors and Certifications
Cactus Custody has received several awards and certifications in 2024:
- Hedgeweek’s Asia-Pacific Trustee of the Year
- ISO 27001, 27701, and 9001 certifications: Demonstrate expertise in information security. Data protection and quality management
- Complete SOC 2 Type 2 Audit with Deloitte: Strengthen Trust
- MAS Temporary Exemption: Continuing the provision of digital payment token custody services in Singapore
Looking ahead to 2025
Cactus Custody remains committed to “Security First, Integrity Always” and plans for 2025 include introducing advanced technologies. Creating new strategic alliances and attracting more institutional clients Thank you to all our partners for their support. They expect continued growth and innovation in the digital asset industry.
About caring for cacti
Cactus care is a leading digital asset custodial service provider offering secure asset management solutions. Compliant and effective for institutional customers around the world Leveraging advanced technology and extensive industry expertise, Cactus Custody drives development and innovation of the Web3 ecosystem.
Contact Cactus Marketing/Public Relations Department Custodypress@mycactus.com
Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily and is not intended to serve as legal, tax, investment, or financial advice.
Source link