Bybit, the world's second-largest cryptocurrency exchange by trading volume, today announces a strategic partnership with Cactus Custody, Asia's leading compliant and licensed digital asset custodian under Matrixport Group. Together, they are launching an off-exchange settlement solution via Cactus Oasis, designed to enhance asset security, capital efficiency, and operational control for institutional clients. The integration will go live on July 28, 2025.

This partnership enables institutional and professional clients to trade directly on Bybit without pre-funding exchange accounts. Clients deposit collateral into Cactus Custody, where assets are held in fully segregated, regulated custody and transferred to Bybit only at the point of trade settlement, reducing counterparty risk while maintaining access to market liquidity.

Shunyet Jan, Head of Institutional and Derivatives at Bybit, commented: "Bybit is committed to providing institutions with a secure and efficient trading environment. The integration of Cactus Oasis gives our clients more flexibility in managing liquidity without compromising asset protection."