Bybit and Cactus Custody join forces in strategic alliance, integrating Cactus Oasis for expanded services.
In a strategic move to bolster the crypto trading landscape, Bybit, the second-largest cryptocurrency exchange globally, has partnered with Cactus Custody, Asia's leading compliant and licensed digital asset custodian. This partnership, set to launch on July 28, 2025, will introduce an off-exchange settlement solution called Cactus Oasis, designed specifically for institutional and professional clients.
The collaboration aims to address the need for enhanced **asset security, capital efficiency, and operational control** when trading on Bybit. Key features of this partnership include an off-exchange settlement system, no pre-funding requirements, and reduced counterparty risk.
Institutional clients will deposit collateral directly with Cactus Custody, where assets are held in segregated, regulated custody instead of on the exchange. This strategy significantly lowers the risk associated with holding large balances directly on the exchange. Clients can trade on Bybit without pre-funding their exchange accounts, as assets are transferred to Bybit only at the point of trade settlement.
By retaining assets off-exchange, clients maintain full access to Bybit’s trading liquidity, ensuring they do not miss out on market opportunities. The robust security and compliance measures employed by Cactus Custody further strengthen this offering. Cactus Custody holds Hong Kong regulatory licenses, uses tiered hot and cold wallets with hardware security module (HSM) encryption and bank-grade cold storage, and has Deloitte SOC 1 Type 1 and SOC 2 Type 2 certifications.
Shunyet Jan, Head of Institutional and Derivatives at Bybit, emphasized that this integration gives clients flexibility in liquidity management without compromising asset protection, creating a secure and efficient trading environment for institutions.
This partnership is particularly impactful for institutions in the Asia-Pacific region, where regulatory clarity, risk controls, and capital flexibility are essential to long-term engagement. By bridging the gap between TradFi and DeFi, this collaboration empowers builders, creators, and enthusiasts to unlock the full potential of Web3.
Bybit's partnerships are focused on providing robust infrastructure and driving on-chain innovation. The exchange is renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools. Cactus Custody, under the Matrixport Group, shares a joint vision of supporting institutional adoption with compliant, transparent, and scalable infrastructure.
[1] Bybit [2] Cactus Custody [3] Matrixport Group [4] Deloitte
Cryptocurrency trading on Bybit becomes more secure and efficient with the introduction of Cactus Oasis, a partnership between Bybit and Cactus Custody, as institutional clients can deposit collateral with Cactus Custody, reducing the risk associated with holding large balances on the exchange. This partnership leverages the technology of blockchain and cryptocurrency to provide a robust, compliant, and transparent infrastructure. The collaboration also addresses the need for enhanced asset security, capital efficiency, and operational control when trading on Bybit.
