RockX, a provider of staking solutions, has entered into an exclusive partnership with Cactus Custody, the parent company of Matrixport. This collaboration aims to streamline and enhance the staking process for mainstream financial institutions, focusing on regulatory compliance and security.

As institutional interest in staking grows, organizations are facing challenges such as cybersecurity risks, regulatory compliance, and token slashing risks. Cactus Custody addresses these concerns with its advanced security features.

The recent implementation of the Shapella Upgrade has led to a surge in Ethereum staking volume, making digital assets increasingly appealing to institutions for their profit potential.

Cactus Custody holds licenses from the Trust and Company Service Providers Unit of Hong Kong and the Financial Market Supervisory Authority of Switzerland, along with SOC-2 accreditation. With over 300 institutional clients and a track record of securing digital assets across more than 30 blockchains, Cactus Custody is a trusted custodian in the industry.

RockX offers staking services for over twenty top tokens and has surpassed $1 billion in collectively staked assets. The partnership between RockX and Cactus Custody represents a significant milestone in institutional staking, providing a secure and straightforward solution for managing digital assets.

Wendy Jiang, Head of Cactus Custody, highlights the synergy between RockX's advanced blockchain staking system and Cactus Custody's asset-control services, offering unparalleled yield options for institutional clients.

Chen Zhuling, CEO of RockX, emphasizes that partnering with Cactus Custody enables institutions to access the intersection of traditional and decentralized finance. Both companies share the goal of facilitating the transition of traditional finance into the digital asset staking space.

As a global blockchain node network, RockX enables user access to Web3 and provides staking and development tools for various Proof-of-Stake blockchains. With over 20 prime tokens worth over $1 billion held, RockX plays a crucial role in advancing blockchain technology.

Established in 2019, Cactus Custody offers financial services for digital assets, aiming to provide reliable institutional custodial services in the digital realm while meeting regulatory standards and maintaining security protocols.