CoinVoice has recently learned that the Batoshi Foundation (the issuer and operator of beraBTC) announced a collaboration with Cactus Custody, a custody brand under Matrixport, to provide multi-signature + hot and cold separation + HSM and other institutional-grade security custody for its on-chain BTC treasury and beraBTC system. The service is certified by Deloitte audit SOC 1 Type 1 / SOC 2 Type 2, ensuring compliance and transparency, making it trustworthy for institutions and reassuring for users.
The BTC that users use to mint beraBTC on Berachain will be securely held through collaboration with Cactus Custody, ensuring that the funds are verifiable, traceable, and redeemable.
The Batoshi Foundation, based on TerpLayer technology, introduces BTC liquidity security into Berachain DeFi. This collaboration builds financial-grade asset protection and solidifies its leading position in the Bitcoin DeFi space. In the future, both parties will continue to deepen cooperation to drive the Bitcoin ecosystem towards more innovations.
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