Cactus Custody Institutional DeFi Connector Stakes $100 Million in BTC at Babylon

Odaily News Cactus Custody helps institutional users successfully pledge $100 million worth of Bitcoin in the Babylon project. With the innovative Cactus Link DeFi connector, institutional users can complete the staking operation through the browser interface without development. As an institutional-level DeFi connector on Babylon, Cactus Link is equipped with multiple security protections such as transaction pre-verification, staking address pre-verification and protection, multiple audits, hardware signature audit mechanism, Taproot address whitelist and auditor Ukey to fully protect user assets. Cactus Link is a DeFi connector compatible with EVM and non-EVM chains. It now supports more than 20 public chains such as Bitcoin, Solana, and Ethereum. Users do not need to record mnemonics, only browser plug-ins are needed to seamlessly connect to multiple ecosystems and enjoy convenient and efficient staking services.