Cactus Custody is the institutional digital asset custodian brand of Matrixport, a significant digital asset financial services platform. Operating primarily from Hong Kong, Cactus Custody holds a Hong Kong Trust Company Service Provider (TCSP) Licence.
Staking Service Details:
Supported Assets: Cactus works in a strategic partnership with RockX for staking. Rockx supports Ethereum, Polkadot, Solana, Zetachain, Cosmos, Near, Cardano, Osmosis, MultiversX, Zilliqa, IoTeX, Oasis, Aelf, Persistence, Cartesi, Celer, Avalanche, dYdX, Canto, Polkadex and Polygon
Staking Yields (APY): Current yield rates for Rockx are available on its website, although this does not mean the rates will be exactly the same through Cactus
Conditions & Features:
Integration: Staking services are facilitated mainly through partnerships, particularly with RockX for institutional PoS staking.
Security: Staking activities leverage the underlying security of the Cactus Custody platform, which includes SOC certifications, insurance, and regulatory licensing (HK TCSP). The partnership with RockX aims to address institutional concerns regarding security and regulatory compliance in staking.
Fees: Base custody fees are 0.5% per annum for cold storage and 0.8% per annum for hot storage, with additional withdrawal fees. Specific fees related to staking services are not detailed.
Cactus Custody, similar to Copper, adopts a partnership-driven approach to offer institutional staking, notably collaborating with RockX. This strategy allows Cactus to provide comprehensive staking solutions by integrating specialized external infrastructure with its own secure, regulated custody environment. This approach enables clients to access yield opportunities while benefiting from Cactus’s security framework.
