Bybit and Cactus Custody Announce Strategic Partnership, Cactus Oasis Officially Integrated into Bybit Platform
Powered by ChatGPTBybit has announced a strategic partnership with Cactus Custody, a compliant and licensed digital asset custody institution under the Matrixport Group. The two parties will launch a new over-the-counter settlement solution through the Cactus Oasis platform, aiming to improve the asset security and capital utilization efficiency of institutional clients. It is reported that institutional clients can托管their assets in regulated independent accounts and only transfer them to the exchange at the time of settlement, without the need for pre-funding. The solution is also equipped with risk control mechanisms, including dual authorization and pre-authorization models, and strictly complies with regulatory requirements. Cactus Custody holds a Hong Kong Monetary Authority TCSP license, and this integration will be officially launched on July 28.