[PRESS RELEASE – Singapore, Singapore, November 29th, 2024]
Cactus Custody, a leading institutional-grade digital asset custodian, has partnered strategically with global trust service provider Vistra. Together, they are introducing digital currency trust services aims to deliver the highest compliance and security standards, offering high-net-worth clients and family offices new asset inheritance and management options.
Trusts serve as effective tools for asset preservation and wealth transfer, providing risk isolation and flexible structures. They enable settlors to safeguard assets, separate risks, and adapt to various legal environments.
“As the digital currency market matures, early investors are increasingly concerned about securely transferring private keys, preventing asset misuse, and ensuring wealth inheritance,” said Wendy Jiang, General Manager of Cactus Custody. “Our collaboration with Vistra delivers inheritance solutions that combine professional assurance with flexible management, including Family Asset Inheritance, Children’s Education and Medical Support, and Family Reserve Funds. These solutions support payments in cryptocurrencies and fiat currencies and are available in Hong Kong and Singapore.”
This partnership addresses challenges in digital currency trusts—such as KYC, AML, and security management—by leveraging professional platforms’ technical advantages to provide transparent, secure, and efficient trust services.
For more information on this exclusive digital currency trust service, users can contact the Cactus Custody team at sales@mycactus.com
About Cactus Custody
Founded by industry leader Jihan Wu, Cactus Custody holds a Hong Kong Trust License (TC006789) and has obtained a temporary exemption from the Monetary Authority of Singapore (MAS). They fully guarantee asset safety by managing assets exceeding $10 billion through multiple international certifications and bank-grade security measures.
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About Vistra
Vistra is a leading global independent trust service provider specializing in complex family asset management. They offer clients efficient, secure, and professional services.
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