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
Billions Network launches Verified Agent Identity Skill for the OpenClaw platform and initiates the first AI agent reward program
Billions Network recently launched the Verified Agent Identity feature, providing AI agents with a real and traceable identity, utilizing zero-knowledge proof technology to protect privacy. It aims to address the AI identity crisis and enhance accountability. This feature has been adopted by multiple organizations and is jointly launching the FAIAR program to reward agents using this feature.
GateNews1h ago
Western Union partners with Crossmint to launch the USD stablecoin USDPT on Solana
Odaily Planet Daily reports that Western Union and Crossmint have partnered to launch the USDPT stablecoin on the Solana blockchain. (Solid Intel)
GateNews1h ago
X Money's first interface debuts, Elon Musk hints that cryptocurrency integration is coming soon?
X (formerly Twitter) officially launched the X Money interface, marking its transformation into a financial super app. The platform supports sending and receiving funds, payment requests, and offers up to 6% annualized returns, with plans to integrate cryptocurrency features in the future. Analysts believe this move will accelerate the adoption of stablecoins and have a significant impact on the digital asset payment ecosystem. X Money has obtained remittance licenses in multiple U.S. states, indicating a large-scale rollout is imminent.
GateNews1h ago
Bitwise Sends $233,000 From $2.7B Bitcoin ETF to BTC Developers: Here’s Why
_Bitwise sent $233K from its $2.7B Bitcoin ETF to fund Bitcoin developers. Here’s what the donation covers and why it matters._
Bitwise Asset Management has made its second annual Bitcoin developer donation.
The crypto asset manager confirmed a $233,000 contribution drawn from profits of its B
LiveBTCNews2h ago
Visa, ANZ Bank, China Asset Management, and Fidelity International have completed a cross-border settlement solution based on Chainlink
Visa, ANZ Bank, China Asset Management, and Fidelity International have completed a cross-border settlement solution based on Chainlink, utilizing the e-HKD program to achieve compliant and secure asset transfers, automated tokenized fund issuance, and real-time identity credential verification.
GateNews3h ago
Bitwise donates $230,000 to support Bitcoin open-source developers, funded by BITB profits.
Digital asset investment firm Bitwise Asset Management announces a donation of $233,000 to support Bitcoin open-source developers. The funds come from profits of its spot Bitcoin exchange-traded fund and will be distributed to three non-profit organizations to promote Bitcoin project development.
GateNews3h ago