Press release
Cactus Custody Reaches SOC 1 Type 2 Audit Completion - Setting a Higher Benchmark for Institutional Security
Hong Kong S.A.R., 13th Nov 2025 - Cactus Custody, Matrixport's digital asset custodian safeguarding multi-billion US dollars worth of digital assets, today announced the successful completion of its SOC 1 Type 2 audit examination. The completion of this independent examination demonstrates that Cactus Custody has established an industry-leading operational control system and core capabilities in the institutional-grade crypto custody sector.One of the global Big Four accounting firms conducted the independent audit , which included a comprehensive review of Cactus Custody's processes. The audit covered areas such as client account onboarding, digital asset custody?, and internal system operations. It also reviewed the companys financial processing capabilities, such as settlement, reconciliation, account management, fee processing, asset valuation, reporting, and the secure management of cryptographic keys throughout their lifecycle across different custody storage methods.
SOC (Service Organization Control) reports are internationally recognized frameworks for assessing compliance and risk control, developed by the American Institute of Certified Public Accountants (AICPA). The SOC 1 Type 2 audit evaluates the design and operational effectiveness of a service organization's internal controls related to financial reporting, typically assessed over a review period of 6 to 12 months. The successful completion of the SOC 1 Type 2 examination demonstrates that Cactus Custody upholds strong internal controls, operational processes, and asset protection mechanisms aligned with leading international practices.
Wendy Jiang, General Manager of Cactus Custody, stated: "For institutional clients, choosing a custodian requires trust not only in technical strength but also in process controllability and risk visibility. The SOC 1 Type 2 audit report confirms that our key control points--such as asset segregation, approval workflows, and access management--have been independently examined by a Big Four accounting firm. Our operational stability, access control, transaction approval, and financial reporting integrity adhere to globally recognized audit and control principles. Institutional clients may reference Cactus Custody's audit results to support their own due diligence or vendor risk assessments. Moving forward, Cactus Custody will continue to strengthen its security and compliance audits and transparency initiatives, striving to build the world's most trusted digital asset custody brand."
In February 2025. Cactus Custody completed the SOC 1 Type 1 examination. The addition of the SOC 1 Type 2 audit examination marks another milestone, providing independent validation of its robust operational control capabilities. Cactus Custody will continue to deepen its presence in the crypto asset custody space, with its mission to raise industry custody standards, actively promote the development of a compliant and transparent ecosystem, and provide clients with robust and reliable custody services, supported by industry-leading comprehensive security measures.
About Cactus Custody
Cactus Custody, a Matrixport Group subsidiary with global regulatory credentials, offers digital asset custody, DeFi access, and OES/OTC settlement services to over 300 institutions worldwide, managing assets in the multi-billion-dollar range. It is operated by Matrix Trust Company Limited, which is licensed under the Hong Kong TCSP regime.
Using a cold-hot layered security architecture with institutional-grade HSM encryption and strict compliance controls, our custody solution is designed to safeguard digital assets with resilience and trust. Driven by innovation, we empower institutions to manage their digital assets with confidence.
Learn more: www.mycactus.com
Contact Details
Organization: Matrixport
Contact Person: Ivy Chen
Website: https://www.matrixport.com
Email: Send Email [https://dashboard.kingnewswire.com/release-contact/37014]
Country: Hong Kong S.A.R.
Release Id: 13112537014
The post Cactus Custody Reaches SOC 1 Type 2 Audit Completion - Setting a Higher Benchmark for Institutional Security appeared first on King Newswire. This content is provided by a third-party source. King Newswire is a press release distribution agency. We do not accept any responsibility or liability for the accuracy, content, images, videos, licences, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright concerns related to this article, please contact the company listed in the 'Media Contact' section above.
Legal Disclaimer: Information contained on this page is provided by an independent third-party content provider. king Newswire makes no warranties or responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you are affiliated with this article or have any complaints or copyright issues related to this article and would like it to be removed, please contact support@kingnewswire.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Cactus Custody Reaches SOC 1 Type 2 Audit Completion - Setting a Higher Benchmark for Institutional Security here
News-ID: 4269070 • Views: …
More Releases from King Newswire
Incoin Trading Center Secures U.S. MSB License to Strengthen Global Regulatory F …
Incoin Trading Center has officially received its Money Services Business (MSB) license from the U.S. Financial Crimes Enforcement Network (FinCEN), marking a significant milestone in its compliance journey and paving the way for broader operations in regulated markets.
United States, 13th Nov 2025 - Incoin Trading Center announced today that it has obtained the Money Services Business (MSB) license issued by the Financial Crimes Enforcement Network (FinCEN), a bureau of the…
Astredo Launches to Deliver Smart Shopping, Exceptional Quality, and Unmatched V …
United States, 13th Nov 2025 -- Astredo, an exciting new player in the U.S. e-commerce market, has officially launched, offering shoppers a premium online experience built around three key values: quality, affordability, and customer confidence. With a wide range of products spanning electronics, fashion, beauty, home goods, and lifestyle accessories, Astredo is quickly positioning itself as a trusted destination for shoppers who demand value without compromise.
Live now at astredo.com, the…
Alazare Launches to Redefine Online Shopping with Style, Value, and Everyday Con …
United States, 13th Nov 2025 -- Alazare, an emerging online retail platform, proudly announces its official launch, introducing a modern, customer-centered approach to e-commerce. Designed for today's smart, style-conscious, and value-driven consumers, Alazare delivers a premium shopping experience across diverse product categories--from fashion and lifestyle to electronics, home d?cor, and beyond.
Available now at alazare.com Alazare offers an extensive selection of carefully curated items at competitive prices, making it the ideal…
Dolly Varden Silver High Grade Gold Zone has Mineralisation Identical to the Idl …
On November 10, 2025 Dolly Varden Silver reported results from drilling that expand the high-grade gold zone within the Homestake Silver deposit.
Canada, 13th Nov 2025 - Global Stocks News - Sponsored content disseminated on behalf of Dolly Varden Silver. On November 10, 2025 Dolly Varden Silver (TSX-V: DV) (NYSE MKT: DVS) (FSE: DVQ) reported results from drilling that expand the high-grade gold zone within the Homestake Silver deposit.
Hole HR25-469 targeted…
More Releases for Cactus
Cactus Products Market Is Going to Boom | Major Giants Nopal Valley, True Nopal, …
HTF MI just released the Global Cactus Products Market Study, a comprehensive analysis of the market that spans more than 143+ pages and describes the product and industry scope as well as the market prognosis and status for 2025-2032. The marketization process is being accelerated by the market study's segmentation by important regions. The market is currently expanding its reach.
Major companies profiled in Cactus Products Market are: Nopal Valley, True…
Cactus Water Market Growth, Analysis & Future Outlook 2034
The Cactus Water market is valued at USD 600 million in 2024 and is projected to reach USD 1.1 billion by 2034, with a CAGR of 6.2% from 2025 to 2034.
On February 26, 2025, Exactitude Consultancy., Ltd. released a research report titled "Cactus Water Market "evaluation provides information on the major business trends that will impact the market's growth between 2025 and 2034. It provides information on the fundamental business…
Cactus Water Market Size 2024 to 2031.
Market Overview and Report Coverage
Cactus water, also known as prickly pear water, is a beverage made from the extract of the prickly pear cactus. It is gaining popularity due to its numerous health benefits, including hydration, antioxidants, and potential anti-inflammatory properties. The cactus water market is currently experiencing steady growth and is expected to continue to expand in the coming years.
The cactus water market is expected to grow…
Global Cactus Processing Market, Global Cactus Processing Industry, Covid-19 Imp …
A cactus is a special type of plant whose leaves are cut into needles to save the amount of water the plant needs. There are various types of cacti, and they come in many sizes, shapes, and colors. Green is a most common color for cactus. Some cactus plants are round, and some are flat like pancake. Additionally, some cacti are even shaped like starfish or snakes. A cactus plant…
Cactus Images celebrates 10 years at Connect Derby
Cactus Images, one of the region’s best known commercial photographers, is celebrating its tenth anniversary at Connect Derby, the city’s leading managed workspace provider.
The company was founded in 2008 by Angela Jenkins and Chris Howard when they were in their third year studying for a degree in commercial photography at Derby University and started life at the university’s Banks Mill creative studios.
In 2010, they moved to Friar Gate Studios, home…
Cactus Extract Market Size, Share, Development by 2024
Global Info Research offers a latest published report on Cactus Extract Market Analysis and Forecast 2019-2025 delivering key insights and providing a competitive advantage to clients through a detailed report. This report focuses on the key global Cactus Extract players, to define, describe and analyze the value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Cactus Extract with respect to individual growth…
