Bybit and Cactus Custody Announce Strategic Partnership | Crypto News

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Bybit and Cactus Custody Announce Strategic Partnership | Crypto Work Pro

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DUBAI, UAE, July 23, 2025 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading quantity, as we speak declares a strategic partnership with Cactus Custody, Asia’s main compliant and licensed digital asset custodian below Matrixport Group. Together, they’re launching an off-exchange settlement answer by way of Cactus Oasis, designed to reinforce asset security, capital effectivity, and operational control for institutional shoppers. The integration will go dwell on July 28, 2025.

This partnership permits institutional and skilled shoppers to commerce immediately on Bybit with out pre-funding exchange accounts. Clients deposit collateral into Cactus Custody, the place belongings are held in totally segregated, regulated custody and transferred to Bybit solely on the level of commerce settlement, lowering counterparty risk whereas sustaining entry to market liquidity.

Shunyet Jan, Head of Institutional and Derivatives at Bybit, commented: “Bybit is committed to providing institutions with a secure and efficient trading environment. The integration of Cactus Oasis gives our clients more flexibility in managing liquidity without compromising asset protection.”

Enhanced Asset Security and Efficiency

With Cactus Oasis, institutional shoppers can commerce on Bybit whereas conserving their collateral securely held in unbiased custody. Assets stay protected with Cactus Custody till commerce settlement, bettering capital effectivity and aligning with strict inner governance necessities.

Cactus Custody delivers bank-grade security by way of a tiered scorching and cold wallet system, combining {hardware} security module (HSM) encryption with institutional-grade cold storage. It holds SOC 1 Type 1 and SOC 2 Type 2 certifications from Deloitte and is licensed as a Hong Kong Trust Company and Trust or Company Service Provider (TCSP) below the Hong Kong Monetary Authority, assembly the compliance requirements of main financial establishments.

Cactus Oasis: Tailored for Institutional Needs

Cactus Oasis gives cross-platform custody by way of Buffer accounts, a Cactus Oasis characteristic, streamlining asset management throughout a number of exchanges. It offers versatile risk controls, together with dual- and pre-authorization modes, customizable approval and settlement workflows, and compliance with KYC, KYB, and KYT necessities. Role-based entry and multi-level permissions guarantee strong governance and operational effectivity.

Wendy Jiang, General Manager of Cactus Custody, mentioned: “This integration with Bybit addresses institutional demands for secure custody, risk reduction, and efficient post-trade settlement. It represents a meaningful step in advancing digital asset trading infrastructure and driving institutional adoption.”

Driving Institutional Adoption Globally

Bybit and Cactus Custody share a joint imaginative and prescient of supporting institutional adoption with compliant, clear, and scalable infrastructure. This partnership is especially impactful for establishments within the Asia-Pacific area, the place regulatory readability, risk controls, and capital flexibility are important to long-term engagement.

#Bybit / #TheCryptoArk / #IMakeIt

About Bybit

Bybit is the world’s second-largest cryptocurrency exchange by trading quantity, serving a international group of over 70 million customers. Founded in 2018, Bybit is redefining openness within the decentralized world by creating a easier, open and equal ecosystem for everybody. With a sturdy deal with Web3, Bybit companions strategically with main blockchain protocols to offer strong infrastructure and drive on-chain innovation. Renowned for its secure custody, numerous marketplaces, intuitive consumer expertise, and superior blockchain instruments, Bybit bridges the hole between TradFi and DeFi, empowering builders, creators, and fanatics to unlock the total potential of Web3. Discover the long run of decentralized finance at Bybit.com.

For more particulars about Bybit, please go to Bybit Press
For media inquiries, please contact: media@bybit.com
For updates, please observe: Bybit’s Communities and Social Media

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CWP (Crypto Work Pro)
CWP (Crypto Work Pro)https://www.cryptoworkpro.net
Hi, I’m a passionate cryptocurrency enthusiast with 10 years of experience in the world of digital currencies. I’ve always been fascinated by blockchain technology and the potential of decentralized finance (DeFi) to reshape the financial landscape. I share insights, tips, and strategies to help others navigate the fast-paced world of crypto.

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