According to ChainCatcher, Batoshi Foundation (the issuer and operator of beraBTC) announced a collaboration with Cactus Custody, a custody brand under Matrixport, to provide institutional-level secure custody for its on-chain BTC treasury and beraBTC system, including multi-signature, cold and hot wallet separation, and HSM. The service has passed Deloitte's SOC 1 Type 1 / SOC 2 Type 2 audit, ensuring compliance, transparency, and institutional trustworthiness that gives users peace of mind.
BTC used by users to mint beraBTC on Berachain will be securely stored through the custody collaboration with Cactus Custody, ensuring funds can be verified, traced, and redeemed.
Batoshi Foundation, based on TerpLayer technology, is introducing BTC liquidity security into Berachain DeFi. This collaboration builds financial-grade asset protection and consolidates its leading position in the Bitcoin DeFi field. In the future, both parties will continue to deepen their collaboration and drive innovation in the Bitcoin ecosystem.
