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Cactus Custody Reaches SOC 1 Type 2 Audit Completion - Setting a Higher Benchmark for Institutional Security

11-13-2025 12:40 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: King Newswire

Cactus Custody Reaches SOC 1 Type 2 Audit Completion - Setting

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

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