Matrixport’s EVM multi-chain “DeFi Connector” Cactus Custody integrates with MetaMask Institutional » CryptoNinjas

Matrixport's EVM multi-chain “DeFi Connector” Cactus Custody integrates with MetaMask Institutional

Cactus Custody, a certified institutional custodian answer powered by Matrixport, at present introduced that it’s the first MetaMask Institutional (MMI) built-in custodian in a position to assist MMI’s multi-chain capabilities and all EVM suitable chains.

This function referred to as “DeFi Connector” supplied by Cactus Custody allows institutional shoppers seamless and safe reference to decentralized finance (DeFi) protocols by way of MMI.

The profitable improve, allows multi-chain connectivity entry throughout all Ethereum Digital Machine (EVM) suitable chains, sidechains, and layer-2s, together with however not restricted to Ethereum, Binance Sensible Chain, Polygon, Sensible Bitcoin Money, Avalanche, Fantom, Arbitrum, HECO, Concord One and Celo, and many others.

“Our providing concurrently delivers the best degree of safety and value to establishments in search of to faucet into the huge alternatives inside DeFi. We’re absolutely dedicated to enabling multi-chain capabilities that present even broader entry to DeFi, while adhering to world-class requirements of safety and compliance.”
Cynthia Wu, Head of Sales and Business Development, Matrixport

Cactus Custody

  • Cactus Custody goals to convey elevated safety, transparency, and effectivity to the market. DeFi Connector provides audit trails that align with regulatory necessities whereas permitting for decentralized app (DApp) interactions and pockets transactions on MMI to be traceable within the custody system.
  • DeFi Connector additionally implements enterprise-grade controls and role-based approval course of in the course of the interplay with DeFi, in addition to safe good contract addresses whose personal keys are safeguarded in a {Hardware} Safe Module by a certified custodian.

“EVM chain assist is among the most essential institutional wants. With our newest custodial account multichain function, Cactus Custody not solely helps a number of EVM chains but in addition permits establishments to freely bridge digital property throughout these networks. This can be a profound DeFi providing for establishments.”
– Johann Bornman, Product Lead for MMI

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