Cactus Custody Completes SOC 1 Type 1 Certification with Deloitte

Odaily News According to official news, Cactus Custody, the world's leading institutional-grade crypto asset custody service provider, announced the completion of SOC 1 Type 1 certification, which fully demonstrates its unremitting pursuit of operational excellence, accurate financial disclosure and top digital asset security, as well as its firm commitment to providing institutional clients with secure and reliable custody solutions.
Independent audit firm Deloitte conducted a comprehensive review of Cactus Custody's internal control capabilities, covering areas such as customer account opening, fiat currency and digital asset transactions, and internal system operations. The audit results verified Cactus Custody's comprehensive financial processing procedures, including settlement, reconciliation, account management, fee processing, asset valuation, reporting, and full life cycle management of keys under various storage methods.
Cactus Custody will further raise the standard of digital asset custody and provide custody solutions with security, compliance and peace of mind at its core.
It is worth mentioning that Cactus Custody has also passed the SOC 2 Type 1 certification conducted by independent auditing agency Deloitte. The above two certifications indicate that Cactus Custody has achieved industry-leading standards in operational control, data security and financial management.