Odaily Planet Daily News Cactus Custody, a compliant digital asset custodian under the Matrixport Group, announced a strategic partnership with the Batoshi Foundation. Batoshi Foundation is an ecological supporter of the BTC native asset protocol TerpLayer and the issuer and operator of beraBTC. Through this cooperation, Cactus Custody will provide it with institutional-level secure custody services. The BTC used by users to mint beraBTC on Berachain will be safely kept by Cactus Custody through custody collaboration to ensure that the funds are verifiable, traceable, and redeemable.
It is reported that Cactus Custody has obtained SOC 1 Type 1 and SOC 2 Type 2 international certifications audited by Deloitte, and through multi-signature, hot and cold wallet separation and hardware security module (HSM) technology to ensure asset custody compliance and transparency, and meet institutional risk control needs. At present, Cactus Custody manages assets of more than US$1 billion, and its service objects cover industry participants such as mining companies, DeFi platforms and asset management institutions.