Laser Focus World is an industry bedrock—first published in 1965 and still going strong. We publish original articles about cutting-edge advances in lasers, optics, photonics, sensors, and quantum technologies, as well as test and measurement, and the shift currently underway to usher in the photonic integrated circuits, optical interconnects, and copackaged electronics and photonics to deliver the speed and efficiency essential for data centers of the future.

Our 80,000 qualified print subscribers—and 130,000 12-month engaged online audience—trust us to dive in and provide original journalism you won’t find elsewhere covering key emerging areas such as laser-driven inertial confinement fusion, lasers in space, integrated photonics, chipscale lasers, LiDAR, metasurfaces, high-energy laser weaponry, photonic crystals, and quantum computing/sensors/communications. We cover the innovations driving these markets.

Laser Focus World is part of Endeavor Business Media, a division of EndeavorB2B.

Laser Focus World Membership

Never miss any articles, videos, podcasts, or webinars by signing up for membership access to Laser Focus World online. You can manage your preferences all in one place—and provide our editorial team with your valued feedback.

Magazine Subscription

Can you subscribe to receive our print issue for free? Yes, you sure can!

Newsletter Subscription

Laser Focus World newsletter subscription is free to qualified professionals:

The Daily Beam

Showcases the newest content from Laser Focus World, including photonics- and optics-based applications, components, research, and trends. (Daily)

Product Watch

The latest in products within the photonics industry. (9x per year)

Bio & Life Sciences Product Watch

The latest in products within the biophotonics industry. (4x per year)

Laser Processing Product Watch

The latest in products within the laser processing industry. (3x per year)

Get Published!

If you’d like to write an article for us, reach out with a short pitch to Sally Cole Johnson: [email protected]. We love to hear from you.

Photonics Hot List

Laser Focus World produces a video newscast that gives a peek into what’s happening in the world of photonics.

Following the Photons: A Photonics Podcast

Following the Photons: A Photonics Podcast dives deep into the fascinating world of photonics. Our weekly episodes feature interviews and discussions with industry and research experts, providing valuable perspectives on the issues, technologies, and trends shaping the photonics community.

Editorial Advisory Board

  • Professor Andrea M. Armani, University of Southern California
  • Ruti Ben-Shlomi, Ph.D., LightSolver
  • James Butler, Ph.D., Hamamatsu
  • Natalie Fardian-Melamed, Ph.D., Columbia University
  • Justin Sigley, Ph.D., AmeriCOM
  • Professor Birgit Stiller, Max Planck Institute for the Science of Light, and Leibniz University of Hannover
  • Professor Stephen Sweeney, University of Glasgow
  • Mohan Wang, Ph.D., University of Oxford
  • Professor Xuchen Wang, Harbin Engineering University
  • Professor Stefan Witte, Delft University of Technology

Matrixport’s Cactus Custody and Fosun Wealth Holdings Launch Custody & OTC Services to Enhance Institutional Efficiency

Hong Kong, September 1, 2025 — Matrixport’s Cactus Custody announces a partnership with Fosun Wealth International Holdings Limited (Fosun Wealth Holdings), a global Web5 (Web2 + Web3) wealth management platform. The collaboration covers institutional-grade digital asset custody and OTC trading capabilities, supporting Fosun Wealth Holdings’ global client base. Guided by a “launch reliable services first, then gradually push into new frontiers” approach, this partnership aims to enhance secure and efficient institutional asset operations.

 

Partnership Goals

Cactus Custody’s custody and risk management expertise, paired with Fosun Wealth Holdings’ wealth management and client service strengths, enables secure, efficient asset conversions. The partnership supports compliance and traceability through clear accounts, controlled workflows, and efficient operations, addressing clients’ needs for speed and security.

 

Service Highlights

The custody and OTC services respond to key institutional challenges. Accounts separate custody from trading, with permissions assigned to specific roles and steps, all fully recorded and verifiable. Automated fund transfers are executed promptly after transaction confirmation, helping to minimize manual delays and errors. Proactive risk management monitors balances and limits, flagging anomalies and triggering approvals to resolve issues before settlement, strengthening overall service reliability and efficiency.

 

Technology and Security

Standardized interfaces connect services, covering account verification, instruction transmission, quota management, and settlement reconciliation. Every step is adjustable, reversible, and traceable. For example, frequent fund transfers generate records during initiation, verification, and authorization, syncing with custody ledgers to facilitate operational efficiency. Segregated accounts, multi-layer approvals, and operational isolation reinforce custody controls. Automated small transactions and manual reviews for large or unusual ones balance speed and security. OTC trading provides clarity, with unique records for quotation, confirmation, delivery, and reconciliation to prevent errors. Customizable trading ranges and limits address client needs, with a focus on process-driven, while maintaining robust risk controls.

 

Partnership Context

Asian institutions increasingly demand efficient custody and trading services, with stricter requirements for speed, compliance, and transparency. Fosun Wealth Holdings’ diverse client portfolios and rigorous risk controls benefit from this partnership, leveraging custody and OTC services to enhance operational efficiency and strengthen security practices.

Wendy Jiang, General Manager of Cactus Custody, said: “We focus on building robust infrastructure with clear accounts, transparent processes, and controlled risks. Fosun Wealth Holdings’ high standards align with our compliance focus, supporting the delivery of reliable client services.”

Zhao Chen, Director of Digital Asset Business at Fosun Wealth Holdings, added: “We empower clients’ long-term success in complex markets. This partnership with Cactus Custody enhances process reliability, paving the way for future innovation. True innovation lies in validated processes and proven results, not untested concepts.”

 

Future Outlook

Cactus Custody commits to a compliance-first, technology-driven approach, optimizing permission management, record tracking, and automation while boosting cross-institutional efficiency through standardized interfaces. Fosun Wealth Holdings prioritizes client needs, collaborating on scalable solutions to drive sustained value.

About Cactus Custody

Cactus Custody, a Matrixport Group subsidiary with global regulatory credentials, offers digital asset custody, DeFi access, and OES/OTC settlement services to over 300 institutions worldwide, managing assets worth multiple billions.

Using a cold-hot-layered security architecture, military-grade HSM encryption, and institutional-grade cold storage with strict compliance controls, we ensure security and trust. Driven by innovation, we empower institutions to manage their digital assets with confidence.

Official website https://www.mycactus.com/

About Fosun Wealth International Holdings Limited

Fosun Wealth International Holdings Limited (referred to as “Fosun Wealth Holdings”) is an AI-driven global one-stop Web5 wealth management platform wholly owned by Fosun International Limited (stock code: 656.HK) in Hong Kong. With its solid financial position, Fosun Wealth Holdings has obtained various licenses via its subsidiaries, including Type 1, 2, 4, 6, and 9 licenses issued by the Hong Kong Securities and Futures Commission (SFC), and an insurance brokerage license from the Hong Kong Insurance Authority.

Amid the Web3 trend, Fosun Wealth Holdings actively explores the virtual asset business. Fosun International Securities Limited, a wholly-owned subsidiary of Fosun Wealth Holdings, obtained an upgrade to its SFC Type 1 license in June 2024, making it one of the first batch of brokerages to obtain virtual asset dealing service licenses. At the same time, Fosun International Asset Management Limited, another wholly-owned subsidiary, has also obtained the upgrade of its SFC VA Type 4 and Type 9 licenses.

Official website: https://www.fosunwealth.com/

Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms Of Service.