Cactus Custody partnered with Deloitte to complete SOC 1 Type 1 certification

BlockBeats news, on February 20th, according to official sources, the globally renowned institutional-grade encryption 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 steadfast commitment to providing institutions with secure and reliable custody solutions. Independent audit firm Deloitte conducted a comprehensive review of Cactus Custody’s internal control capabilities, covering areas such as client account opening, fiat currency and digital asset transactions, and internal system operations. The audit results validated Cactus Custody’s sound financial processing procedures, including settlement, reconciliation, account management, fee processing, asset valuation, reporting, and full lifecycle management of Secret Keys 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 the core. It is worth mentioning that Cactus Custody has also obtained SOC 2 Type 1 certification conducted by the independent audit firm Deloitte, indicating that Cactus Custody has achieved industry-leading standards in operational control, data security, and financial management. For more information about Cactus Custody’s secure infrastructure, please visit the official security system page.