Bybit and Cactus Custody Team Up to Streamline Institutional Crypto Trading

In a bid to make big‑ticket crypto trading smoother and safer, Bybit , now the world’s second‑largest exchange by volume, has joined forces with Cactus Custody, Asia’s go‑to licensed custodian under the Matrixport Group umbrella. Mark your calendars for July 28, 2025: that’s when their new off‑exchange settlement service, Cactus Oasis , will officially go live.

Here’s the gist: institutional and professional traders no longer need to keep funds parked directly on Bybit. Instead, they’ll deposit their assets with Cactus Custody, where everything sits in a strictly segregated, fully regulated environment. Only when a trade is actually executed will the collateral move over to Bybit for settlement, and then it’s back in custody afterward. The result? Lower counterparty risk and instant access to Bybit’s liquidity, without having piles of tokens idling on the exchange.

Shunyet Jan, Head of Institutional and Derivatives at Bybit, commented: “Bybit is committed to providing institutions with a secure and efficient trading environment. The integration of Cactus Oasis gives our clients more flexibility in managing liquidity without compromising asset protection.”

Enhancing Institutional Liquidity and Security

Security is at the heart of Cactus Oasis. Cactus Custody combines hardware‑backed encryption for online wallets with deep‑freeze cold storage for long‑term holdings. They’re not just talking the talk, either—they’ve earned SOC 1 Type 1 and SOC 2 Type 2 certifications from Deloitte, and they’re licensed as a Hong Kong Trust Company as well as a Trust or Company Service Provider under HKMA rules. In other words, this isn’t some back‑alley operation; it’s institutional‑grade protection.

But Cactus Oasis does more than stash coins safely. Its standout feature—Buffer accounts—lets firms juggle collateral across multiple exchanges from one dashboard. Need extra oversight? You can set up dual approvals or pre‑trade authorizations. Want to match your own compliance playbook? Custom approval and settlement workflows can be tweaked to fit your company’s policies, complete with role‑based permissions and built‑in KYC, KYB, and KYT checks.

Wendy Jiang, General Manager of Cactus Custody, said: “This integration with Bybit addresses institutional demands for secure custody, risk reduction, and efficient post-trade settlement. It represents a meaningful step in advancing digital asset trading infrastructure and driving institutional adoption.”

The partnership is particularly timely for Asia‑Pacific institutions, where regulators are demanding ever‑tighter controls and clarity around digital assets. By combining Bybit’s deep liquidity and advanced trading tools with Cactus’s rock‑solid custody infrastructure, both firms aim to accelerate institutional adoption in a market that’s hungry for compliant, scalable solutions. As big players dip more toes into crypto, the Bybit–Cactus Oasis alliance is a significant step toward the robust, professional ecosystem these investors expect and deserve.