Cactus Custody Teams Up with Deloitte to Achieve SOC 1 Type 1 Certification

BlockBeats News, February 20, according to official sources, globally renowned institutional-grade crypto asset custody service provider Cactus Custody announced the completion of SOC 1 Type 1 certification, fully demonstrating its relentless pursuit of excellence in operations, precise financial disclosure, top-notch digital asset security, and its firm commitment to providing institutional clients with a secure, reliable custody solution.

Independent auditing firm Deloitte conducted a comprehensive review of Cactus Custody's internal control capabilities, covering areas such as client account opening, fiat and digital asset transactions, and internal system operations. The audit results validated Cactus Custody's robust financial processing procedures, including settlement, reconciliation, account management, fee handling, asset valuation, reporting, and full lifecycle key management under various storage methods.

Cactus Custody will further enhance digital asset custody standards and wholeheartedly provide custody solutions with security, compliance, and peace of mind at their core.

It is worth mentioning that Cactus Custody has already obtained SOC 2 Type 2 certification through independent auditing firm Deloitte and, with dual certification of SOC 1 Type 1 and SOC 2 Type 2, has fully demonstrated its commitment to security, transparency, and operational excellence.