Singapore, 28 May 2023 - Cactus Custody, a compliant institutional custodian under Matrixport, and Chorus One, a leading global staking service provider, announced a strategic collaboration to jointly launch innovative solutions to optimize the staking experience of institutional clients on the Ethereum network. This collaboration is based on compliance and aims to provide institutional investors with efficient and secure staking services.
By integrating Chorus One’s ETH Vaults with Cactus Custody’s multi-chain wallet extension Cactus Link, institutional clients can seamlessly access Ethereum staking products, significantly simplifying the process of obtaining ETH rewards. Cactus Link users can directly use Chorus One’s ETH Vault solutions, including MEV Max and Obol, and enjoy a simplified staking operation experience.
Institutional clients can quickly start the staking process by selecting a suitable Vault through the ETH Vaults decentralized application (dApp). Among them, MEV Max uses Chorus Ones proprietary MEV-boost fork technology to provide centralized staking services and additional rewards; while Obol integrates staking rewards, MEV income and Obol token incentives. The cooperation between Cactus Custody and Chorus One ensures that all operations are securely executed in a decentralized infrastructure with advanced validator technology.
Timothy Tan, Head of Sales and Partnerships at Cactus Custody, said: “We are committed to combining institutional-grade security standards with the innovative potential of blockchain technology. This collaboration enables clients to easily access trusted staking services through Cactus Link.”
Brian Crain, CEO of Chorus One, added: “Institutional adoption of blockchain technology is a growing trend, and sophisticated investors require staking solutions that are both robust and easy to use.”
ETH Vaults has created a comprehensive platform with optimized rewards. This cooperation not only improves Cactus Custodys institutional service level, but also sets a new benchmark for institutional and retail staking solutions in the industry. With the rapid development of the blockchain industry, both parties will continue to promote efficient and accessible financial innovation.
About Cactus Custody
Cactus Custody was founded by Jihan Wu and is a digital asset custody service provider designed specifically for institutions. It has passed ISO certification, holds a Hong Kong Trust Company License (TC 006789), and has been temporarily exempted by the Monetary Authority of Singapore, strictly following Anti-Money Laundering (AML) and Counter-Terrorism Financing (CFT) regulations. Cactus Custody adopts a multi-layer security architecture and provides hot and cold storage solutions for more than 300 institutions (including mining companies, funds, asset management platforms and OTC traders), with billions of dollars in assets under management.
Cactus Link is a multi-chain wallet extension of Cactus Custody, supporting nearly 30 blockchains including Ethereum, Solana, Bitcoin, Cosmos, etc. It is compatible with Ethereum Virtual Machine (EVM) and non-EVM chains, helping institutions participate in decentralized finance (DeFi). Users can stake directly through browser plug-ins without having to manage mnemonics. It has built-in transaction pre-verification, multi-level approval, hardware signature check and other functions to ensure asset security.
For more information, please visit: https://www.mycactus.com/en/defi-connector
Media Contact: press@mycactus.com
About Chorus One
Chorus One is a leading staking service provider, providing secure and innovative solutions for institutional and retail clients. Its ETH Vaults (including MEV Max and Obol) optimize staking returns through advanced blockchain infrastructure and are currently trusted by many institutions around the world.
