Cactus Custody has entered into a strategic partnership with the trust service provider Vistra, to launch digital asset custody services.

BlockBeats News, November 28th, institutional-grade digital asset custody provider Cactus Custody announced a strategic partnership with globally renowned trust services provider Vistra, launching a digital asset trust service that complies with the highest regulatory and security standards, offering a new option for asset inheritance and management for high-net-worth clients and family offices.

The two parties have introduced an inheritance solution that combines professional protection and flexible management, including family asset inheritance, children's education and medical support, and family reserves. The solution supports both cryptocurrency and fiat currency payments and is available in Hong Kong and Singapore.

This partnership will address challenges in digital asset trust, such as KYC, AML, and security management. By leveraging the technical advantages of a professional platform, it will provide customers with transparent, secure, and efficient trust services.

Trusts, with their advantages of risk isolation and flexible structure, have become an ideal tool for asset preservation and wealth inheritance. Through a trust, settlors can ensure asset security, mitigate risks, and adapt flexibly to different legal environments.

It is reported that Cactus Custody, founded by industry leader Ji Han Wu, holds a Hong Kong Trust License (TC006789) and has obtained a temporary exemption qualification from the Monetary Authority of Singapore (MAS). Its assets under management exceed $10 billion. Through multiple international certifications and bank-level security measures, it comprehensively safeguards asset security.

Vistra is a globally leading independent trust service provider, with extensive experience and a focus on complex family asset management, providing clients with efficient and secure professional services.