DUBAI, UAE, July 23, 2025 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency change by buying and selling quantity, at this time pronounces a strategic partnership with Cactus Custody, Asia’s main compliant and licensed digital asset custodian beneath Matrixport Group. Collectively, they’re launching an off-exchange settlement resolution through Cactus Oasis, designed to boost asset safety, capital effectivity, and operational management for institutional shoppers. The combination will go dwell on July 28, 2025.
This partnership permits institutional {and professional} shoppers to commerce instantly on Bybit with out pre-funding change accounts. Purchasers deposit collateral into Cactus Custody, the place property are held in totally segregated, regulated custody and transferred to Bybit solely on the level of commerce settlement, lowering counterparty danger whereas sustaining entry to market liquidity.
Shunyet Jan, Head of Institutional and Derivatives at Bybit, commented: “Bybit is dedicated to offering establishments with a safe and environment friendly buying and selling atmosphere. The combination of Cactus Oasis offers our shoppers extra flexibility in managing liquidity with out compromising asset safety.”
Enhanced Asset Safety and Effectivity
With Cactus Oasis, institutional shoppers can commerce on Bybit whereas holding their collateral securely held in impartial custody. Belongings stay protected with Cactus Custody till commerce settlement, bettering capital effectivity and aligning with strict inside governance necessities.
Cactus Custody delivers bank-grade safety by way of a tiered cold and warm pockets system, combining {hardware} safety module (HSM) encryption with institutional-grade chilly storage. It holds SOC 1 Kind 1 and SOC 2 Kind 2 certifications from Deloitte and is licensed as a Hong Kong Belief Firm and Belief or Firm Service Supplier (TCSP) beneath the Hong Kong Financial Authority, assembly the compliance requirements of main monetary establishments.
Cactus Oasis: Tailor-made for Institutional Wants
Cactus Oasis gives cross-platform custody by way of Buffer accounts, a Cactus Oasis function, streamlining asset administration throughout a number of exchanges. It gives versatile danger controls, together with dual- and pre-authorization modes, customizable approval and settlement workflows, and compliance with KYC, KYB, and KYT necessities. Position-based entry and multi-level permissions guarantee sturdy governance and operational effectivity.
Wendy Jiang, Normal Supervisor of Cactus Custody, mentioned: “This integration with Bybit addresses institutional calls for for safe custody, danger discount, and environment friendly post-trade settlement. It represents a significant step in advancing digital asset buying and selling 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, danger controls, and capital flexibility are important to long-term engagement.
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About Bybit
Bybit is the world’s second-largest cryptocurrency change by buying and selling quantity, serving a world neighborhood of over 70 million customers. Based in 2018, Bybit is redefining openness within the decentralized world by creating a less complicated, open and equal ecosystem for everybody. With a powerful give attention to Web3, Bybit companions strategically with main blockchain protocols to supply sturdy infrastructure and drive on-chain innovation. Famend for its safe custody, numerous marketplaces, intuitive consumer expertise, and superior blockchain instruments, Bybit bridges the hole between TradFi and DeFi, empowering builders, creators, and fans to unlock the complete potential of Web3. Uncover the way forward for decentralized finance at Bybit.com.
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