Strategic Alliance Established Between Leading Cryptocurrency Exchange and Digital Asset Custodian

Bybit and Cactus Custody Announce Strategic Partnership with Cactus Oasis Integration

In a significant move to strengthen its institutional offering, Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has announced a strategic partnership with Cactus Custody, Asia’s leading compliant and licensed digital asset custodian under Matrixport Group. This collaboration will see the integration of Cactus Oasis, a cutting-edge off-exchange settlement solution designed to enhance security, capital efficiency, and operational control for institutional clients.

As part of this alliance, Bybit’s institutional clients can now enjoy an unparalleled level of safety and flexibility by leveraging Cactus Custody’s tier-1 custody infrastructure. With Cactus Oasis, Bybit will provide institutions with seamless access to its robust markets and instruments, while ensuring the highest levels of security for their digital assets.

“We are committed to providing institutions with a secure and efficient trading environment,” said Shunyet Jan, Head of Institutional and Derivatives at Bybit. “This integration with Cactus Custody gives our clients more flexibility in managing liquidity without compromising asset protection.”

By integrating Cactus Oasis with its infrastructure, Bybit will provide institutional traders with a more streamlined experience, while also bolstering trust in the decentralized finance (DeFi) ecosystem.

Source: usethebitcoin.com