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
Cardano Introduces Programmable Tokens With New CIP-0113 Standard
The Cardano Foundation has released CIP-0113, which allows token issuers to embed enforceable compliance logic directly to native assets on the network.
The goal is to enhance regulated tokenization as institutions have been demanding tokens that can enforce features like KYC and AML
CryptoNewsFlash1m ago
Bitcoin mining difficulty hits a new record
In February, global cryptocurrency mining saw significant developments, including a nearly 15% increase in Bitcoin's mining difficulty to a record 144.4 trillion. Bitdeer liquidated its BTC holdings and aimed to raise over 1,928,374,656,574,839,201 million for expansion. Market sentiment weakened after Trump's proposed tax increase, pushing Bitcoin below $65,000.
TapChiBitcoin22m ago
Elon Musk: X Money early public access version will go live next month
Gate News Announcement, March 10th, Elon Musk stated that the early public access version of X Money will be launched next month.
GateNews34m ago
Starknet develops the STRK20 token standard "balancing privacy and compliance," suitable for DeFi, stablecoins, and Bitcoin.
Ethereum Layer 2 network Starknet is developing the "STRK20" framework, which is expected to be deployed this year. This framework allows developers to issue compliant privacy stablecoins and digital assets, with a built-in "view key" mechanism to balance privacy and compliance. Transactions can be settled within 5 seconds, with fees below $0.2, and it supports ERC-20 and Bitcoin extensions to enhance institutional adoption rates.
動區BlockTempo42m ago
Circle's moment of reversal: stock price doubles, on-chain transactions surpass USDT, precise positioning for Agent payments
Circle's stock price breaks through $110, reflecting the market's new valuation of its stablecoin business model. Recent financial reports show significant revenue growth, and in a high-interest-rate environment, Circle's profit prospects are optimistic. At the same time, USDC has surpassed USDT in liquidity, becoming an important tool for settlement and cross-border payments. The growth of AI Agent payments also indicates USDC's potential in the micro-payment sector, as Circle advances toward the infrastructure of the digital economy era.
PANews1h ago
Bitcoin Depot launches the enterprise-level financial services platform ReadyBucks
Gate News Announcement: On March 10, Nasdaq-listed Bitcoin ATM operator Bitcoin Depot announced the launch of its enterprise-level financial services platform ReadyBucks, providing working capital support for small businesses, gig economy workers, and independent contractors. According to Globenewswire, ReadyBucks is currently available in multiple states across the United States, with plans to gradually expand to more regions.
GateNews1h ago