Cryptocurrency alternate Bybit has fashioned a strategic partnership with Cactus Custody, a digital asset custodian underneath Matrixport Group, as per the data shared with Finbold on July 23.
🔔 @Bybit_Official companions with Cactus Custody to spice up institutional buying and selling effectivity and safety. 🛡️ Safe institutional custody, no pre-funding, decrease threat, full liquidity. Study extra https://t.co/5ORQArDns4 pic.twitter.com/3uU0zNklVH
— CactusCustody (@CactusCustody) July 23, 2025
The collaboration introduces an off-exchange settlement answer through Cactus Oasis, designed to boost asset safety and capital effectivity for institutional shoppers. The combination will go dwell on July 28, 2025.
The partnership permits institutional {and professional} shoppers to commerce on Bybit with out pre-funding alternate accounts. Shoppers deposit collateral with Cactus Custody, the place property are held in segregated, regulated custody and transferred to Bybit solely at commerce settlement, lowering counterparty threat whereas sustaining market liquidity entry.
“Bybit is dedicated to offering establishments with a safe and environment friendly buying and selling atmosphere. The combination of Cactus Oasis offers our shoppers extra flexibility in managing liquidity with out compromising asset safety,” mentioned Shunyet Jan, Head of Institutional and Derivatives at Bybit.
Custody infrastructure and compliance
Cactus Custody supplies bank-grade safety by means of a tiered cold and hot pockets system, combining {hardware} safety module encryption with institutional-grade chilly storage. The custodian holds SOC 1 Kind 1 and SOC 2 Kind 2 certifications from Deloitte and is licensed as a Hong Kong Belief Firm and Belief or Firm Service Supplier underneath the Hong Kong Financial Authority.
Cactus Oasis affords cross-platform custody by means of Buffer accounts, streamlining asset administration throughout a number of exchanges. The platform supplies versatile threat controls, together with dual- and pre-authorization modes, customizable approval and settlement workflows, and compliance with KYC, KYB, and KYT necessities.
“This integration with Bybit addresses institutional calls for for safe custody, threat discount, and environment friendly post-trade settlement. It represents a significant step in advancing digital asset buying and selling infrastructure and driving institutional adoption,” mentioned Wendy Jiang, Common Supervisor of Cactus Custody.
The partnership targets establishments within the Asia-Pacific area, the place regulatory readability, threat controls, and capital flexibility are thought of important for long-term market engagement.
Featured picture through Shutterstock.
