Crypto News
| Published On Jul 11, 2024 6:47 am CEST | By iGaming Team

Cactus Custody Secures ‘Custodian of the Year – APAC’ Honor

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Cactus Custody, a leading Matrixport subsidiary specializing in digital assets, recently celebrated a major achievement. The company was named “Custodian of the Year—APAC” at the prestigious HedgeWeek Global Digital Assets Awards 2024. This recognition highlights the excellence of Cactus Custody’s services in the digital asset sector.

The selection process for these awards involved rigorous research by HedgeWeek’s in-house team. Additionally, a comprehensive survey of over 100 global digital asset fund managers provided valuable insights. The award emphasizes Cactus Custody’s outstanding performance in managing and safeguarding digital assets.

Innovation in Asset Security

This accolade came on the heels of Cactus Custody’s launch of their innovative off-exchange settlement solution, Cactus Oasis. This solution aims to protect institutional investment assets from counterparty risks, demonstrating the company’s commitment to enhancing security in digital asset transactions.

Wendy Jiang, General Manager of Cactus Custody, expressed her gratitude and pride: “Receiving the ‘Custodian of the Year—APAC’ award honors and inspires us. HedgeWeek recognizes the significance of digital assets in the financial industry, and acknowledging us as a leading provider in this field makes us proud. Our digital asset custody services already benefit our clients, enabling them to operate in the cryptocurrency markets effectively and securely, free from the risks associated with untrustworthy entities.”

This award underscores Cactus Custody’s dedication to providing secure and reliable digital asset custody services. As the digital asset landscape evolves, the company remains at the forefront, continuously innovating to meet the needs of institutional investors.

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For more details on the HedgeWeek Global Digital Assets Awards 2024, please visit the official announcement.