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Cactus Custody Releases 2024 Highlights: Advancing Security, Compliance, and Innovation
In its latest annual performance report, Cactus Custody has announced a remarkable year of growth, innovation, and commitment to security and compliance in the Web3 sector. The company’s dedication to providing top-tier digital asset custody solutions for institutional clients has resulted in significant achievements.
Key Performance Indicators:
* 177 New Institutional Clients: Expansion of the customer base underscores Cactus Custody’s growing reputation as a trusted partner.
* $4 Billion AUC: The substantial increase in assets under custody demonstrates the company’s ability to scale while maintaining its focus on security and compliance.
* 56 Blockchains Supported: This significant expansion enhances digital asset coverage, catering to an increasingly diverse range of customers.
DeFi Innovations:
Cactus Custody has made notable advancements in decentralized finance (DeFi). Notable collaborations include CoreDAO for a Layer-1 solution combining Bitcoin’s resilience with Ethereum’s flexibility. The company also streamlined BTC staking through Cactus Link and strengthened network security as an exSat mainnet validator.
Strategic Partnerships:
The 2024 year has seen the development of numerous strategic partnerships, including alliances with Elven, Blocknative, Tenderly, Victory Securities, InvestaX, RedotPay, and others. These collaborations demonstrate the company’s commitment to strengthening the Web3 ecosystem through innovative solutions and technologies.
Trust and Compliance:
Cactus Custody has demonstrated unwavering dedication to trustworthiness by securing certifications and awards:
* Hedgeweek Asia-Pacific Award: Recognized as Custodian of the Year
* ISO 27001, 27701, and 9001 Certifications: Highlighting expertise in information security, data protection, and quality management
* SOC 2 Type II Audit Completed with Deloitte: Reinforcing trustworthiness
Looking Ahead to 2025:
Cactus Custody remains committed to its core values of “Security First, Integrity Always” and plans to further advance technology, form new strategic partnerships, and continue expanding its customer base.
As a premier digital asset custody provider, Cactus Custody is poised for continued growth and innovation in the Web3 industry.
Source: crypto-economy.com
