Odaily 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 the SOC 1 Type 1 and SOC 2 Type 2 international certifications audited by Deloitte, and ensures compliance and transparency of asset custody through multi-signature, hot and cold wallet separation and hardware security module (HSM) technology to meet the risk control needs of institutions. At present, Cactus Custody manages assets of more than US$1 billion, and its service objects include mining companies, DeFi platforms, asset management institutions and other industry participants.