CandleFocus Jihan Wu-backed crypto custodian Cactus Custody passes security audit by Deloitte
2024-10-28
Author: Content Editor
Crypto custodian Cactus Custody, founded by Jihan Wu, has completed a SOC 2 Type II audit conducted by Deloitte to meet global security standards. The audit ensures that the custodian's operational effectiveness and controls related to data security, availability, processing integrity, confidentiality, and privacy are in line with industry best practices and regulations. Cactus Custody manages billions in assets for over 300 institutions and operates as a subsidiary of Matrixport, offering secure digital asset management across multiple blockchains. The completion of the audit strengthens the firm's commitment to protecting client assets and positions it as a reliable partner in digital asset custody.
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