PANews, February 26 — Cactus Custody announced that its self-custody MPC (Multi-Party Computation) solution is officially launched. As a custody brand under Matrixport, Cactus holds a Hong Kong trust TCSP license and has served many well-known clients in the industry, including RedotPay, Fosun Wealth Holdings, and TDTC.
As the Web3 industry matures, institutional clients are increasingly seeking custody solutions that offer autonomy while also requiring the robust security infrastructure provided by third-party custodians. Cactus Custody’s MPC solution cleverly bridges this gap by combining cutting-edge Intel SGX TEE (Trusted Execution Environment) with an institution-centric risk management engine.
The platform’s core security foundation is an advanced MPC-TSS (Threshold Signature Scheme). Through this technology, private key shares are independently generated by multiple parties and jointly managed by devices controlled by Cactus and the client. This architecture effectively eliminates the risk of a “single point of failure,” ensuring that no one party can unilaterally transfer funds, thus providing clients with absolute asset sovereignty and peace of mind.
Daniel Lee, CEO of Cactus Custody, commented, “Our new MPC solution is designed for institutions that prefer to directly manage their assets while requiring a secure and compliant infrastructure. By offering a compliant, flexible, and secure platform, we enable clients to expand their digital asset business with full autonomy.”