Cactus Custody Launches Institutional-Grade Self-Custody MPC to Empower Asset Autonomy and Compliance Security

PANews, February 26 — Cactus Custody announced that its self-custody MPC (Multi-Party Computation) solution is officially launched. As a custody brand under Matrixport, Cactus holds a Hong Kong trust TCSP license and has served many well-known clients in the industry, including RedotPay, Fosun Wealth Holdings, and TDTC.

As the Web3 industry matures, institutional clients are increasingly seeking custody solutions that offer autonomy while also requiring the robust security infrastructure provided by third-party custodians. Cactus Custody’s MPC solution cleverly bridges this gap by combining cutting-edge Intel SGX TEE (Trusted Execution Environment) with an institution-centric risk management engine.

The platform’s core security foundation is an advanced MPC-TSS (Threshold Signature Scheme). Through this technology, private key shares are independently generated by multiple parties and jointly managed by devices controlled by Cactus and the client. This architecture effectively eliminates the risk of a “single point of failure,” ensuring that no one party can unilaterally transfer funds, thus providing clients with absolute asset sovereignty and peace of mind.

Daniel Lee, CEO of Cactus Custody, commented, “Our new MPC solution is designed for institutions that prefer to directly manage their assets while requiring a secure and compliant infrastructure. By offering a compliant, flexible, and secure platform, we enable clients to expand their digital asset business with full autonomy.”

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

TRON launches a post-quantum cryptography upgrade plan; detailed roadmap still to be announced

TRON founder Justin Sun publicly announced on the X platform this week that the TRON network will launch a post-quantum cryptography (PQC) upgrade plan, aiming to directly integrate anti-quantum cryptographic signature standards into the TRON mainnet. As of April 17, Tron DAO has not released any formal governance proposals or technical documents; the related announcements are currently limited to Justin Sun’s public statements.

MarketWhisper23m ago

Can Metaplanet use financing from the “king of the Tokyo death spiral” to buy Bitcoin—only to keep itself alive with EVO before Bitcoin rises?

Bloomberg reported that U.S. investor Michael Lerch and his EVO fund focus on providing liquidity to cash-strapped small and mid-sized businesses, mainly through floating strike warrants. EVO holds a dominant position in the Japanese market, but its financing tools also face the risk of equity dilution. Metaplanet and EVO partnered and pivoted into a Bitcoin reserve company; however, its increased stock price volatility and reliance on funding have heightened operational uncertainty.

ChainNewsAbmedia2h ago

NAT Officially Launches on SpiderPool, Enabling BTC Dual-Mining in Same Block

NAT has launched on SpiderPool, enabling dual-mining with Bitcoin without extra setup. It generates 386 million NAT per block every 10 minutes, valued at $38, with a total market cap of $38 million. The code is open-source.

GateNews3h ago

Gate Daily (April 17): Musk’s X Money hits a roadblock with New York crypto regulation; Yuga Labs appoints a new CEO

Bitcoin (BTC) is flat at $74,920. A ceasefire between Israel and Lebanon has taken effect, and Trump says Iran agreed not to develop nuclear weapons. Mizuho Bank warns that Musk’s X Money could be affected by New York’s crypto regulation. Yuga Labs replaces its CEO: Greg Solano becomes Chairman of the Board, and Michael Figge takes over. The market is broadly optimistic. A record-high Bitcoin buying wave in the past decade has emerged, suggesting the price may be moving toward $90,000.

MarketWhisper4h ago

Yuga Labs Appoints Michael Figge as CEO, Greg Solano Becomes Board Chair

Yuga Labs has appointed Michael Figge as CEO, transitioning founder Greg Solano to Board Chair. Figge, previously Chief Product Officer, has been acting as CEO. Solano will focus on creative direction as the company develops its metaverse project, Otherside.

GateNews5h ago

Justin Sun Announces TRON’s PQ Transition, Criticizes Bitcoin And Ethereum

Justin Sun has launched TRON’s PQ upgrade plan, positioning it as the first major blockchain to adopt quantum-resistant technology, while criticizing Bitcoin and Ethereum for their slower progress in addressing quantum threats.

Blockzeit7h ago
Comment
0/400
No comments