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Cactus Custody Releases 2024 Highlights: Advancing Security, Compliance, and Innovation
Singapore, Singapore – January 8th, 2025 – Cactus Custody, a trailblazer in the Web3 sector, has unveiled its 2024 annual performance. The company’s focus on security and compliance led to significant growth and innovation.
Key Achievements
Cactus Custody achieved numerous milestones in 2024, showcasing its dedication to safeguarding digital assets while fostering the development of the industry as a whole. Some highlights include:
* 177 new institutional clients onboarded: Expanding the company’s global footprint and reinforcing its position as a premier digital asset custody provider.
* $4 billion AUC (Assets Under Custody): Signifying significant growth, which is expected to continue in the coming year.
* Support for 56 public blockchains and 173 tokens: Enhancing the accessibility of digital assets across various networks.
* Integration with 14 new DeFi connectors: Facilitating seamless transactions and streamlining operations within the decentralized finance ecosystem.
Notable Milestones
The company’s commitment to innovation led to several notable accomplishments. These include:
* Launching Oasis OTC Settlement, a solution aimed at simplifying settlement services for institutions.
* Partnering with Deloitte to achieve SOC 2 Type II certification, emphasizing trustworthiness and transparency in its operations.
* Completing the Babylon Cap2 initiative, staking $147 million worth of BTC: A testament to its dedication to digital asset management.
Cactus Custody’s achievements would not have been possible without strategic partnerships. In 2024, it collaborated with numerous organizations, including entities that contributed to:
* The development of advanced technologies and innovative solutions.
* Strengthening the company’s position within the Web3 ecosystem.
* Enhancing its ability to cater to an increasingly diverse range of institutional clients.
Innovative Solutions
Cactus Custody is committed to pushing the boundaries of digital asset management. To this end, it introduced several groundbreaking technologies in 2024, including:
* Rare Satoshi extraction technology: Allowing for simplified transactions and optimized gas fees.
* BTC staking capabilities via DeFi connectors: Enabling institutions to directly participate in decentralized finance.
Awards and Certifications
The company’s dedication to security, compliance, and innovation has not gone unnoticed. Cactus Custody received several prestigious awards and certifications throughout 2024, including:
* Hedgeweek Asia-Pacific Custodian of the Year
* ISO 27001, 27701, and 9001 certifications: Demonstrating exceptional proficiency in information security, data protection, and quality management.
* SOC 2 Type II certification with Deloitte: Reinforcing trustworthiness and transparency.
Looking Ahead
Cactus Custody remains dedicated to its core principles of “Security First, Integrity Always.” In 2025, the company plans to build upon this momentum by:
* Launching advanced technologies.
* Forming new strategic partnerships.
* Attracting more institutional clients.
The organization extends gratitude to all partners for their support and looks forward to continued growth and innovation in the digital asset industry.
Source: cryptopotato.com
