Cactus Custody, a leading third-party institutional custody service offered by Matrixport, is pleased to announce the expansion of its chain support to include Merlin Chain, Mantle, Linea, IoTeX, and BASE.
This enhancement is part of our ongoing commitment to providing comprehensive services to our institutional clients through our “DeFi Connector” feature. This feature facilitates seamless and secure connectivity with decentralised finance (DeFi) protocols, offering two accessible options:
- MMI (MetaMask Institutional): This integration highlights MMI’s multi-chain capabilities, accommodating all EVM-compatible chains.
- Cactus Link: Our proprietary wallet browser extension supports EVM-compatible and non-EVM chains integrated with the Cactus Custody DeFi Connector.
This upgrade enables multi-chain connectivity across Ethereum Virtual Machine (EVM)-compatible and non-EVM chains, sidechains, and Layer 2 solutions. Supported chains now include Merlin Chain, Mantle, Linea, IoTeX, BASE, Ethereum, Arbitrum, Avax C-chain, BNB Chain, Fantom, HECO, Klaytn, Optimism, Polygon, SmartBCH, WEMIX, and zkSync Era, with additional integrations in progress.
About Merlin Chain
Merlin Chain is an enhancement layer for Bitcoin, augmenting its capabilities with features such as the ZK-Rollup network, decentralised Oracle network, data availability, and anti-fraud modules. By leveraging zero-knowledge proofs, Merlin Chain ensures that Bitcoin transaction verification remains secure and transparent while fostering creativity and community-driven development.
About Mantle
Mantle Network optimises Ethereum’s speed and cost-effectiveness, aiming to maintain Ethereum’s security while enhancing accessibility and usability. Their innovative approach seeks to make Ethereum usage more affordable for individuals, simplify app development for developers, and lay a robust foundation for future applications.
About Linea
Linea is a network that enhances the Ethereum experience by being fully compatible with the Ethereum Virtual Machine. This compatibility allows for deploying existing applications and creating new ones that are otherwise too expensive for Mainnet. It also enables the community to use these applications at a lower cost and faster speeds than Mainnet.
About IoTeX
Launched in 2017, IoTeX is an open-source, decentralised platform enabling trusted machine and human interactions with economic incentives. Its EVM-compatible blockchain, launched in April 2019, is managed by over 100 global delegates and has processed over 10 million transactions. The ecosystem includes the ioPay wallet, ioTube bridge, decentralised identity, confidential computing, and products like Ucam and Pebble, which thousands of users and developers use.
About BASE
BASE in blockchain has two meanings: Basis, a Layer-2 solution intended to enhance Ethereum’s scalability but was halted due to legal issues, highlighting regulatory complexness, and SwapBased, an automated liquidity protocol supporting DeFi by enabling asset swaps without traditional market makers. This underscores BASE’s commitment to immutable smart contracts and DeFi growth. Overall, BASE focuses on improving blockchain infrastructure and advancing DeFi applications influenced by regulatory, technological, and community factors.
About Cactus Custody’s DeFi Connector
Cactus Custody’s DeFi Connector prioritises market security, transparency, and efficiency, aligning with regulatory compliance requirements. It offers comprehensive audit trails, traceable DApps interactions, and wallet transactions within the custody system. With enterprise-grade controls and role-based approval processes, coupled with secure contract addresses safeguarded in Hardware Secure Modules (HSM), Cactus Custody ensures the utmost security for its clients.
As part of Matrixport, a leading crypto financial services platform in Asia with over USD 10 billion in assets under custody, Cactus Custody remains committed to supporting the evolving needs of the DeFi and Web3 ecosystem.
Learn more about how Cactus Custody can bolster your DeFi endeavours.