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.”

View Original
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

Polkadot to Reset Tokenomics on March 12 With Major DOT Supply and Staking Changes

Polkadot will introduce a new monetary framework on March 12 that sets DOT’s supply cap at 2.1 billion and lowers emissions by 53.6%. The overhaul will also create a Dynamic Allocation Pool and shorten the DOT unbonding period from 28 days to 24–48 hours. On March 12, Polkadot will reset

CryptoNewsFlash4h ago

Ripple Director Spotlights New Crypto Regulatory Milestone in UK - U.Today

Cassie Craddock, CEO of Ripple Labs UK, announced the company's achievement of securing an EMI license and crypto registration from the FCA, marking a significant step in bridging traditional and decentralized finance. Ripple continues to expand its presence in the U.S. and EU with new partnerships and infrastructure developments.

UToday8h ago

Morpho Vaults V2 total deposits exceed $1 billion

Gate News Announcement: On March 6th, the lending protocol Morpho's Morpho Vaults V2 surpassed a total deposit of $1 billion.

GateNews9h ago

PayPal and TCS Introduce Blockchain Network to Speed Up Freight Payments

PayPal and TCS Blockchain have introduced a blockchain settlement network to expedite payments in the trucking industry. By using PayPal USD stablecoin, freight invoices can be settled almost instantly, improving liquidity for carriers and reducing costs by up to 90%. The system aims to enhance transparency and efficiency in logistics finance.

CryptometerIo10h ago

Molecule teams up with Bio Protocol to launch Science Beach, supporting AI agents and human collaboration in scientific research

Solana's decentralized science platform Molecule and Bio Protocol jointly launch Science Beach, aiming to support AI agents collaborating with humans to develop scientific hypotheses. The project has generated over 1,100 hypotheses, involving funding support and research query fees.

GateNews10h ago

Nansen launches on-chain intelligent services for AI agents, supporting three connection methods and pay-as-you-go pricing models

Nansen launches on-chain intelligent services for AI agents, "Nansen for Agents," supporting token filtering across 18 blockchains. Users can connect in various ways, and it operates on a pay-as-you-go model, no API key required, with a starting price of $0.01.

GateNews11h ago
Comment
0/400
No comments