Matrixport’s Cactus Custody Wins Digital Asset Award

Cactus Custody, the institutional custodian arm of Matrixport, founded by crypto veterans Jihan Wu and John Ge, has been recognized for its innovative solutions in digital asset custody. With ISO certifications and key partnerships, the company claims to secure billions for over 300 institutional clients. The brand’s ETH Vaults, developed with Chorus One, significantly enhance staking flows and liquidity for institutional clients, positively impacting assets like ETH and BTC. Community reactions indicate increasing interest in Cactus Custody’s multi-chain custody services, reflecting in the firm’s expansive clientele. It continues to comply with Hong Kong and Singapore regulations, bolstering its credibility.

The award further reinforces Cactus Custody’s position as a leader in the digital asset sector. The firm’s solutions are expected to drive institutional involvement in digital assets, with probable shifts in liquidity and market participation.

“Receiving the ‘Custodian of the Year—APAC’ award honours and inspires us. HedgeWeek recognises the significance of digital assets in the financial industry, and acknowledging us as a leading provider in this field makes us proud.”
— Wendy Jiang, General Manager, Cactus Custody

Brian Crain, CEO of Chorus One, emphasized institutional adoption’s advancement and the critical role of secure, intuitive staking solutions. Industry veterans believe Cactus Custody’s innovative steps will result in broader institutional engagement and potentially influence regulatory frameworks, leading to continued development and adoption of cryptocurrency technologies globally. These advancements may encourage more financial institutions to explore digital asset adoption, although regulatory dynamics will continue to evolve.