Bitget and Cactus Custody Team Up for Enhanced Asset Security and Off-Exchange Settlements

Bitget partners with Cactus Custody, an affiliate of Matrixport, to enhance the safety and efficiency of digital asset management for institutional clients. Through this collaboration, Bitget's users will benefit from Oasis fund custody and off-exchange settlement solutions, mitigating counterparty risks and providing a robust framework for capital control. The partnership offers a comprehensive suite of solutions tailored to the trading needs of institutions, supporting spot, leveraged spot, and futures trading, along with a range of off-exchange settlement currencies.

Bitget and Cactus Custody Forge Strategic Partnership for Enhanced Asset Security and Off-Exchange Settlement

In a groundbreaking move, leading cryptocurrency exchange Bitget has entered into an exclusive partnership with Cactus Custody, an affiliate of renowned digital asset platform Matrixport. This alliance marks a significant step towards addressing the growing need for robust asset security and efficient settlement solutions in the digital asset industry.

Unveiling a Comprehensive Solution for Institutional Investors

The partnership between Bitget and Cactus Custody will deliver a comprehensive suite of solutions tailored to the stringent trading requirements of institutional clients. This collaboration ensures enhanced security and operational efficiency in the management of digital assets. Both entities will provide support for various trading types, including spot, leveraged spot, and futures.

Expanding the Horizon of Trading Instruments

The range of futures products offered by Bitget and Cactus Custody includes USDT perpetual, coin-margined perpetual, coin-margined delivery, and USDC perpetual. Additionally, the partnership introduces off-exchange settlement currencies such as USDT, USDC, ETH, AVAX, and ARB. The fee structure for trading and VIP levels is adaptable, based on user tiers on Bitget and can be customized to suit individual preferences.

Experience the Benefits of Oasis Fund Custody

Through this alliance, Bitget users will gain access to the cutting-edge solutions and security features provided by Cactus Custody. These solutions offer significant advantages, including reduced fund vulnerabilities through secure intermediary Oasis wallet custody. The integration enables faster transactions and improved capital efficiency by facilitating the redeployment of profits post-settlement, eliminating the need for perpetual monitoring of exchange wallets.

Industry Leaders Forge Synergies for Enhanced Trust

Commenting on the partnership, Bitget's Managing Director, Gracy Chen, emphasized the growing institutional adoption of digital assets and the critical need to ensure their security. She expressed confidence that the collaboration with Cactus Custody will fulfill this requirement.

Wendy Jiang, General Manager of Cactus Custody, highlighted their commitment to providing a robust infrastructure that empowers their clients to actively participate in the digital asset ecosystem. She emphasized that the partnership with Bitget aligns with this mission.

About Cactus Custody

Cactus Custody is a trusted affiliate of Matrixport and holds a certification from a Hong Kong Trust Company. The institution complies with regulatory capital reserve requirements and adheres to rigorous anti-money laundering and anti-terrorist financing regulations, assuring clients of its unwavering commitment to security and compliance.

Conclusion

The strategic partnership between Bitget and Cactus Custody represents a transformative step in the digital asset industry. It offers institutional investors a comprehensive solution that addresses their evolving needs for security, efficiency, and compliance. This alliance sets a new benchmark for asset management in the digital realm, further solidifying Bitget's position as a leader in the crypto exchange landscape.