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Metamask’s New Inbuilt Multi-Chain Institutional Custody Feature

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The institutional arm of the Consensys-owned MetaMask has integrated its first multi-chain digital asset custody solution called Cactus Custody.

MetaMask Institutional (MMI) initially partnered with Cactus Custody owned by crypto financial service platform Matrixport in October last year to incorporate its “DeFi Connector” feature into MMI’s suite of services.

The full integration with MMI was announced on Jan. 26, and Cactus Custody’s feature will now provide institutional customers with multi-chain connectivity to all Ethereum Virtual Machine (EVM) chains, sidechains and Layer 2s supported by MetaMask such as Ethereum, Binance Smart Chain, Avalanche, Celo and Polygon.

MMI product lead Johann Bornman said that Cactus Custody’s multi-chain EVM support will enable institutions to “freely bridge digital assets across these networks.” CRYPTOCASTER® - DECENTRALIZED FREEDOM!


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