Bullish

HashKey Cloud and Cactus Custody Partner for Institutional Staking Service

12:06

HashKey Cloud and Cactus Custody form strategic alliance to offer secure, non-custodial institutional staking. Event scheduled for August 27 in Hong Kong with multi-chain partners.

Woofun AI reports that HashKey Cloud has formed a strategic partnership with Cactus Custody to deliver a one-stop institutional staking service. The collaboration merges Cactus Custody's security infrastructure with HashKey Cloud's staking capabilities to provide non-custodial solutions where clients retain full asset control. A signing ceremony is scheduled for August 27 at HashKey Cloud's Hong Kong headquarters, featuring ecosystem partners including Babylon, Stacks, SOL, and Lido. The service covers the entire workflow from custody to on-chain staking, specifically targeting BTC staking and multi-chain returns. It aims to serve institutional investors, funds, CEXs, and Web3 companies through strict risk management and a joint mechanism to hedge against on-chain penalties.

WOOFUN AI

Impact Assessment · Quick Read

This partnership addresses the critical need for secure, compliant staking infrastructure in the institutional market. By combining specialized custody with staking operations, the alliance may reduce friction for large-scale capital entering Proof-of-Stake ecosystems. The inclusion of BTC staking suggests a push to expand yield opportunities beyond traditional PoS assets, potentially influencing demand for related infrastructure tokens.
Generated by WOOFUN AI · For reference only, not investment advice

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