Institutional Custody
Regulated, insured custody solutions for institutions holding digital assets with SOC 2, insurance, and segregated storage
10 providersFluidRWA vendor category
Find institutional custodians, MPC wallet providers, qualified custodians, bank-backed storage, self-custody infrastructure, HSM providers, staking custody and DeFi access platforms.
Coverage
Use these service areas to understand the custody model, security layer, regulatory posture and operational fit before shortlisting providers.
Regulated, insured custody solutions for institutions holding digital assets with SOC 2, insurance, and segregated storage
10 providersMulti-party computation wallets that split private keys across multiple parties for security without single points of failure
6 providersNon-custodial solutions where the asset owner retains full control of private keys with smart contract security layers
5 providersCustody provided by chartered banks, trust companies, or qualified custodians meeting SEC/OCC requirements
5 providersPhysical tamper-resistant devices for securing private keys in enterprise and institutional environments
2 providersCustody-integrated staking services and DeFi access enabling institutions to earn yield while assets remain secured
4 providersDirectory
28 providers with custody type, best-fit use case, jurisdiction coverage, key strengths and provider-level structured data.
Showing 28 providers
01 / Federally Chartered Crypto Bank
Best forInstitutions needing a federally chartered bank for digital asset custody, trading, staking, and lending under OCC regulation
The only federally chartered crypto bank in the US. If your institution needs custody from an OCC-regulated bank (not a trust company, not a state-chartered entity, but a full federal bank charter), Anchorage is the only option. Also provides trading, staking, lending, and governance participation.
Anchorage Digital holds a unique position: the only federally chartered digital asset bank, regulated by the OCC. This matters for institutional investors whose compliance teams require custody by a federally chartered bank rather than a trust company or state-chartered custodian. Beyond custody, Anchorage provides integrated trading, staking (earning yield while assets remain in custody), lending, and governance participation (voting on-chain proposals with custodied tokens). For institutions that want their custodian to also handle trading and yield, Anchorage provides the vertically integrated solution.
02 / ICE-Backed Custody & Trading
Best forInstitutions wanting digital asset custody backed by the Intercontinental Exchange (ICE/NYSE parent) with regulated trading
Digital asset custody and trading platform backed by ICE (parent of NYSE). If your institution wants custody from a provider with the credibility and infrastructure of a major exchange group, Bakkt provides that institutional pedigree.
Bakkt was created by the Intercontinental Exchange (ICE), the parent company of the New York Stock Exchange. This pedigree matters for institutional investors who need their board and compliance teams to approve a custodian. Bakkt provides custody, trading, and payment solutions for digital assets with the operational rigor and regulatory framework expected of a major exchange infrastructure company. The ICE backing provides institutional credibility that pure-crypto custodians cannot match.
03 / Multi-Sig & Qualified Custody
Best forInstitutions needing qualified custody with multi-signature security, $250M insurance, and 700+ coin support
Provides qualified custody with multi-signature wallets, $250M insurance coverage, and support for 700+ coins. If you need a qualified custodian (meeting SEC Rule 206(4)-2) with the broadest asset support and proven multi-sig security, BitGo is the institutional standard.
BitGo pioneered multi-signature wallet technology for institutional custody. Their qualified custody solution (BitGo Trust, a South Dakota trust company) meets SEC requirements for registered investment advisers. With $250M in insurance coverage, support for 700+ coins, and hot/warm/cold wallet architecture, BitGo provides the security infrastructure that institutional investors require. They also offer BitGo Prime (trading and lending) and portfolio management tools. For institutions needing a qualified custodian with the broadest digital asset support, BitGo is the default choice.
04 / Global Custodian Bank - Digital Extension
Best forInstitutions wanting digital asset custody from the world's largest custodian bank ($46T+ in assets under custody)
Digital asset custody from BNY Mellon, the world's largest custodian bank with $46T+ in traditional assets under custody. If your institution already uses BNY for traditional asset custody and wants to add digital assets within the same custodial relationship, BNY provides that unified experience.
BNY Mellon is the world's largest custodian bank, holding $46T+ in traditional assets. Their digital asset custody extension means institutions can custody tokenized assets alongside traditional holdings within a single custodial framework. This eliminates the operational complexity of managing separate custody relationships for traditional and digital assets. For asset managers tokenizing funds or institutions adding digital asset allocations, BNY provides the familiar custodial infrastructure with digital asset capability.
05 / Exchange-Integrated Qualified Custody
Best forInstitutions wanting qualified custody from the largest US public crypto company with seamless Coinbase Prime trading access
Qualified custody from Coinbase, the largest US publicly traded crypto company. If you want institutional custody tightly integrated with a major trading venue (cold storage to trade execution in seconds), Coinbase Custody provides custody + exchange liquidity in one relationship.
Coinbase Custody operates as a New York trust company providing qualified custody for institutional clients. The key advantage: seamless integration with Coinbase Prime for trading. Assets move from cold storage to trade execution in seconds, not hours. For institutions that actively trade their digital asset holdings, having custody and exchange access with the same provider eliminates the settlement delays and counterparty risks of moving assets between separate custodian and exchange. SOC 1 and SOC 2 certified, $320B+ in assets on platform.
06 / Multi-Chain MPC Custody
Best forCrypto businesses and DeFi institutions needing MPC custody with integrated DeFi access across 80+ chains
Provides MPC custody with integrated DeFi access across 80+ chains. If your crypto business needs to interact with DeFi protocols while maintaining institutional custody standards (not choosing between security and DeFi yield), Cobo bridges that gap.
Cobo differentiates by combining MPC custody security with DeFi accessibility. Traditional custodians lock assets in cold storage, making DeFi interaction impossible. Cobo's MPC wallet technology lets institutions maintain custody-grade security while accessing DeFi protocols across 80+ chains: staking, lending, liquidity provision, and yield farming. For crypto-native institutions, funds, and DAOs that want to earn DeFi yield without sacrificing custody security, Cobo provides the infrastructure.
07 / Off-Exchange Settlement & Custody
Best forInstitutions wanting to trade on multiple exchanges without moving assets off custody through ClearLoop off-exchange settlement
Provides custody with ClearLoop off-exchange settlement: trade on exchanges without moving assets off custody. If your institution trades across multiple exchanges and wants to eliminate the counterparty risk of having assets sitting on exchange hot wallets, Copper's ClearLoop is the solution.
Copper's unique innovation is ClearLoop: institutional clients can trade on partner exchanges (Binance, OKX, Bybit, others) without actually transferring assets to the exchange. Assets remain in Copper custody throughout the trade, with settlement happening off-exchange. This eliminates the counterparty risk that was catastrophically demonstrated by FTX: your assets are never on the exchange, so exchange insolvency does not affect your holdings. For institutions that learned from FTX, ClearLoop is the post-FTX custody standard.
08 / TradFi Giant - Digital Custody
Best forInstitutions wanting digital asset custody from the $4.5T asset manager with the most trusted name in traditional finance
Digital asset custody from Fidelity, one of the world's largest asset managers ($4.5T AUM). If your institution's compliance team, board, or investment committee needs a custodian name they already trust implicitly, Fidelity provides that institutional comfort.
Fidelity Digital Assets brings the most recognized name in traditional asset management to crypto custody. For institutions where the custody decision goes through a board or investment committee, Fidelity's brand eliminates the 'who is this crypto company' objection entirely. They provide custody, trade execution, and analytics. The $4.5T parent company provides financial stability that pure-crypto custodians cannot match. For family offices, RIAs, and pension funds making their first digital asset allocation, Fidelity is often the only custodian the investment committee will approve.
09 / MPC Custody & Treasury Operations
Best forAny institution, exchange, or fintech building digital asset operations that needs the most widely adopted MPC custody infrastructure
The most widely adopted institutional MPC custody platform, used by 1,800+ institutions including banks, exchanges, and fintechs. If you are building any digital asset operation that requires institutional-grade key management, Fireblocks is the default infrastructure choice.
Fireblocks has become the standard infrastructure for institutional digital asset operations. Their MPC (Multi-Party Computation) technology eliminates single points of failure in key management: no single party ever holds a complete private key. Beyond custody, Fireblocks provides the operational layer: treasury management, transaction routing, policy engines, and DeFi access. With 1,800+ institutional clients, SOC 2 Type II certification, and integration with every major exchange and DeFi protocol, Fireblocks is often not a choice but a requirement. If your counterparties, exchanges, or settlement partners use Fireblocks, you need Fireblocks.
10 / Institutional MPC with Embedded Security
Best forInstitutions wanting MPC custody with built-in transaction simulation and threat detection before every transaction is signed
MPC custody with embedded security: every transaction is simulated and scanned for threats before signing. If your institution wants custody that actively prevents malicious transactions (not just stores keys securely), Fordefi adds a security intelligence layer on top of MPC.
Fordefi differentiates from other MPC providers by embedding security intelligence into the signing process. Before any transaction is signed, it is simulated (showing exactly what will happen on-chain) and scanned for threats (malicious contract interactions, phishing, approval exploits). This prevents the category of losses where an institution signs a transaction that looks legitimate but actually drains funds through a malicious smart contract. For institutions interacting with DeFi protocols where smart contract risk is real, Fordefi's embedded security adds a protection layer that basic MPC custody does not provide.
11 / Air-Gapped Cold Custody
Best forInstitutions needing the highest physical security with air-gapped (no internet connection) cold vaults for large holdings
Provides air-gapped cold custody: signing devices that have zero internet connectivity. If your institution holds large digital asset positions and wants the highest physical security guarantee (keys that are never, under any circumstances, connected to the internet), GK8's air-gapped vaults provide that assurance.
GK8 (acquired by Galaxy Digital) takes cold storage to its physical extreme. Their proprietary hardware signing devices are air-gapped: they have no internet connectivity, no WiFi, no Bluetooth, no USB data connections. Transactions are signed on the air-gapped device and transferred via QR code. This makes remote hacking physically impossible. For institutions custodying large positions where the threat model includes sophisticated nation-state level attacks, GK8's air-gap provides the strongest physical security guarantee available.
12 / Smart Contract Multi-Sig Wallet
Best forDAOs, protocols, and teams needing on-chain multi-signature wallets where no single person can move funds
The standard multi-signature smart contract wallet securing $100B+ in digital assets. If your tokenization project, DAO, or team needs an on-chain wallet where transactions require multiple signers (3-of-5, 4-of-7, etc.), Safe is the default and most battle-tested option.
Safe (formerly Gnosis Safe) is not a custodian. It is smart contract infrastructure that lets you create multi-signature wallets on-chain. You define the signers and threshold (e.g., 3 out of 5 team members must approve), and no single person can move funds. With $100B+ secured and used by virtually every major protocol, DAO, and crypto team, Safe is the most battle-tested smart contract wallet in existence. For tokenization projects managing treasury funds, protocol reserves, or team allocations, Safe provides transparent, on-chain governance of funds.
13 / Licensed Asia Custody
Best forInstitutions needing regulated digital asset custody in Asia with licenses in Hong Kong, Singapore, and Dubai
Licensed digital asset custodian across Asian financial hubs: Hong Kong, Singapore, Dubai. If your institution operates in Asia and needs a custodian with local regulatory licenses in the region's key financial centers, Hex Trust provides Asia-native regulated custody.
Hex Trust holds custody licenses across Asia's major financial centers: Hong Kong (SFC-licensed), Singapore (MAS-licensed), and Dubai. For institutions operating in Asia-Pacific, local regulatory licensing matters. A US-based custodian may not satisfy local regulatory requirements in Hong Kong or Singapore. Hex Trust provides the Asian regulatory coverage, combined with institutional-grade custody technology and support for tokenized assets, staking, and DeFi access.
14 / Joint Venture Institutional Custody
Best forInstitutions wanting custody backed by CVC Capital, Nomura, and Ledger's combined institutional and security expertise
Joint venture between CVC Capital Partners, Nomura, and Ledger providing institutional custody. If your institution wants a custodian backed by a major PE firm (CVC), a major investment bank (Nomura), and the leading hardware security company (Ledger), Komainu provides that combined credibility.
Komainu is unique as a joint venture combining three different types of institutional credibility: CVC Capital Partners (one of the world's largest PE firms), Nomura (Japan's largest investment bank), and Ledger (the leading hardware wallet and security company). This combination means financial institutional credibility (Nomura), security hardware expertise (Ledger), and strategic backing (CVC). For institutions where the custody provider's ownership and backing matter as much as the technology, Komainu's JV structure provides multi-dimensional institutional trust.
15 / Hardware Security Module (HSM) Custody
Best forInstitutions wanting custody built on the most trusted hardware security technology in crypto with Ledger's proven secure element chips
Enterprise custody built on Ledger's industry-leading hardware security technology. If your institution trusts Ledger's secure element chips (the same technology protecting 6M+ consumer wallets) and wants enterprise custody with hardware-rooted security, Ledger Enterprise provides that foundation.
Ledger is the most trusted name in crypto hardware security, with 6M+ hardware wallets sold. Ledger Enterprise brings that hardware security expertise to institutional custody. Their solution uses custom hardware security modules (HSMs) with secure element chips to protect private keys. The security model is rooted in physical hardware, not just software-based MPC. For institutions where the custody decision is made by security teams (not just business teams), Ledger's hardware security pedigree carries significant weight. Also provides governance workflows and DeFi access.
16 / Multi-Chain Wallet Infrastructure
Best forCrypto businesses needing affordable, multi-chain wallet infrastructure with customizable policy engines
Provides wallet infrastructure and custody for crypto businesses across multiple chains with customizable policy engines. If you need institutional-grade wallet infrastructure without the premium pricing of Fireblocks or BitGo, Liminal provides the security features at a more accessible price point.
Liminal targets the segment of crypto businesses that need institutional security but find Fireblocks or BitGo pricing prohibitive. Their platform provides MPC and multi-sig wallets, customizable policy engines (spending limits, whitelisting, approval workflows), and multi-chain support. For mid-stage crypto companies, exchanges, and tokenization platforms that have outgrown basic wallet solutions but do not yet need (or cannot afford) top-tier custodians, Liminal provides the operational security infrastructure at an accessible price point.
17 / Emerging Markets Custody & Exchange
Best forCompanies needing crypto custody and exchange services in African and emerging markets where other providers have no presence
Provides crypto custody and exchange services in emerging markets, particularly Africa and Southeast Asia. If your tokenization project targets investors in Nigeria, South Africa, Indonesia, or Malaysia, Luno has the local presence, regulatory relationships, and fiat on-ramp infrastructure that global custodians lack.
Luno, part of Digital Currency Group (DCG), operates in markets where most institutional custodians have zero presence: Nigeria, South Africa, Malaysia, Indonesia, and other emerging markets. For tokenization projects with emerging market investor bases, Luno provides local fiat on-ramps, regulatory compliance, and custody in countries where Fireblocks or BitGo have no local infrastructure. The DCG backing provides financial stability and ecosystem connections.
18 / Bank Orchestration Platform
Best forTier 1 banks needing a digital asset orchestration platform that integrates with their existing core banking infrastructure
Digital asset orchestration platform for Tier 1 banks, acquired by Ripple. If you are a major bank wanting to add digital asset custody, tokenization, and trading to your existing core banking systems (not replacing them), Metaco provides the orchestration layer that connects crypto to your banking infrastructure.
Metaco (acquired by Ripple) is not a custodian you sign up for. It is an orchestration platform that Tier 1 banks deploy within their own infrastructure to add digital asset capabilities. The platform integrates with existing core banking systems, risk management frameworks, and compliance infrastructure. Banks like BBVA, Societe Generale, and others use Metaco to offer digital asset services to their clients through their existing banking interface. For banks where 'move to a crypto custodian' is not acceptable and 'add crypto capability to our existing infrastructure' is the requirement, Metaco is the solution.
19 / MAS-Licensed Singapore Custody
Best forInstitutions needing MAS-regulated custody in Singapore for digital securities and tokenized assets
MAS-licensed digital asset custodian in Singapore. If your tokenized asset issuance or distribution involves Singapore and you need a locally licensed custodian that MAS recognizes, Propine provides Singapore-native regulated custody.
Propine holds a Capital Markets Services (CMS) license from MAS for custody of digital securities. For tokenized securities distributed to Singapore-based investors or issued under Singapore regulatory frameworks, MAS expects custody by a locally licensed provider. Propine fills this requirement. They specialize in digital securities custody (not general crypto custody), making them particularly relevant for RWA tokenization projects with Singapore nexus.
20 / Decentralized MPC Custody Network
Best forInstitutions wanting MPC custody where key shares are held by a decentralized network of validators, not a single company
Provides decentralized MPC custody where key shares are distributed across an independent validator network. If you want MPC security but are concerned about trusting a single custody company with all key shares, Qredo decentralizes the trust across independent validators.
Qredo's innovation is decentralizing the MPC key share distribution. In standard MPC custody (Fireblocks, Fordefi), the custody company holds multiple key shares. If that company is compromised, key shares may be at risk. Qredo distributes key shares across an independent network of validators who do not know each other and are geographically distributed. This provides MPC security without trusting a single entity with key material. For institutions concerned about custodian single-point-of-failure risk (as demonstrated by FTX), Qredo's decentralized approach addresses that trust concern.
21 / Swiss HSM for Digital Assets
Best forBanks and financial institutions needing Swiss-grade hardware security modules (HSMs) for digital asset key management
Swiss HSM manufacturer providing hardware security modules specifically for digital asset key management. If your bank or institution requires Swiss-grade hardware security (FIPS 140-2 Level 4, Common Criteria certified) for protecting digital asset private keys, Securosys provides the hardware.
Securosys manufactures hardware security modules in Switzerland specifically designed for digital asset key management. Their HSMs are FIPS 140-2 Level 4 certified (the highest level, meaning tamper-active physical security) and support multi-authorization workflows for digital asset transactions. For Swiss banks and financial institutions where custody hardware must meet the most stringent security certifications, Securosys provides the physical security infrastructure that software-based custody cannot match.
22 / Swiss Digital Asset Bank
Best forInstitutions wanting custody from a FINMA-regulated Swiss bank that also provides tokenization, trading, and DeFi access
FINMA-regulated Swiss digital asset bank providing custody, tokenization, trading, and DeFi access. If you want a Swiss bank that is native to digital assets (not a traditional bank adding crypto), Sygnum was purpose-built as a digital asset bank from day one.
Sygnum is a purpose-built digital asset bank, not a traditional bank that added crypto. Holding a Swiss banking license from FINMA, Sygnum provides full banking services for digital assets: custody, trading (crypto and tokenized assets), tokenization services (their Desygnate platform), staking, and DeFi access. For institutions that want their custodian to also handle tokenization, trading, and yield generation within a single Swiss banking relationship, Sygnum provides that vertically integrated, regulated Swiss banking experience.
23 / Bank Infrastructure Platform
Best forBanks wanting to add tokenization, custody, and trading to existing systems with a Swiss-regulated, bank-grade platform
Full-stack digital asset infrastructure for banks covering custody, tokenization, and trading. If you are a bank wanting to offer digital asset services to your clients without building crypto infrastructure from scratch, Taurus provides the bank-grade platform that integrates with existing banking workflows.
Taurus provides the infrastructure stack that banks deploy to offer digital asset services. Rather than sending clients to a crypto custodian, banks use Taurus to provide custody, tokenization, and trading within their own banking interface. The platform meets Swiss banking security standards and integrates with existing banking workflows rather than requiring crypto-native processes. For banks that want to be the digital asset custodian for their clients (rather than outsourcing to a crypto company), Taurus provides the technology.
24 / White-Label German Custody
Best forEuropean fintechs and banks wanting BaFin-regulated white-label custody they can offer under their own brand
BaFin-regulated white-label custody from Germany. If you are a European fintech, neobank, or financial institution wanting to offer digital asset custody to your customers under your own brand (not sending them to a third-party custodian), Tangany provides the white-label infrastructure.
Tangany holds a BaFin crypto custody license in Germany and provides white-label custody infrastructure. This means European fintechs and banks can offer digital asset custody to their customers under their own brand while Tangany provides the regulated backend. For companies building tokenization platforms, neobanks adding crypto, or financial services apps integrating digital assets, Tangany enables 'custody as a feature' without the regulatory burden of obtaining your own custody license.
25 / Encryption & Key Management Infrastructure
Best forDevelopers building custody solutions who need enterprise-grade encryption libraries and key management primitives
Provides encryption and key management infrastructure for developers building custody and security solutions. If you are building your own custody system or wallet and need hardened encryption libraries, key management primitives, and cryptographic tooling, Teserakt provides the building blocks.
Teserakt is not a custody provider. It is the cryptographic infrastructure that custody providers and wallet developers build on. Their encryption libraries and key management tools are used by companies building their own custody solutions. For tokenization platforms that want custom key management (not off-the-shelf custody) but do not want to write their own cryptographic code (which is dangerous), Teserakt provides audited, hardened cryptographic building blocks.
26 / Decentralized Threshold Cryptography
Best forDevelopers wanting decentralized threshold cryptography for building custody, bridges, and access control without trusted intermediaries
Provides decentralized threshold cryptography: split keys across multiple independent parties with no single party able to sign alone. If you are building a bridge, custody protocol, or access control system and need decentralized key management, Threshold Network provides the cryptographic infrastructure.
Threshold Network provides threshold cryptography as decentralized infrastructure. Private keys are split across a decentralized network of nodes, and a threshold number must cooperate to sign. This enables decentralized custody (no single custodian), decentralized bridges (tBTC for BTC on Ethereum), and decentralized access control. For tokenization projects building decentralized infrastructure where trust minimization is a requirement, Threshold Network provides the cryptographic layer.
27 / Custom Custody Engineering
Best forInstitutions needing bespoke custody architecture designed and built for their specific operational and regulatory requirements
Provides custom custody engineering and consulting. If your institution has specific custody requirements that no off-the-shelf solution meets (unique regulatory requirements, custom approval workflows, specific hardware requirements), UTXO builds bespoke custody architecture.
UTXO Solutions is a custody engineering firm that designs and builds custom custody solutions for institutions with requirements that standard providers cannot meet. This includes banks with specific regulatory requirements, sovereign wealth funds with unique governance structures, and large institutions needing custom integration with existing infrastructure. For organizations where Fireblocks, BitGo, or Coinbase Custody does not fit the specific technical or regulatory requirements, UTXO engineers bespoke solutions.
28 / Bank-Backed Institutional Custody
Best forInstitutions wanting custody backed by Standard Chartered and Northern Trust with institutional banking pedigree
Joint venture between Standard Chartered and Northern Trust providing institutional digital asset custody. If your institution needs a custodian backed by two of the world's most established banking names, Zodia provides the banking-grade trust with digital asset capability.
Zodia Custody brings together Standard Chartered (global banking, particularly strong in Asia, Africa, Middle East) and Northern Trust (institutional asset servicing, $15T+ in assets under custody/administration). This joint venture provides institutional digital asset custody with the backing and operational standards of two established banking institutions. For institutional investors in markets where Standard Chartered operates (Asia, Middle East, Africa), Zodia provides locally relevant banking credibility alongside digital asset custody.
Selection guide
Confirm whether your project needs qualified custody, bank-backed custody, trust-company custody, MAS, BaFin, FINMA, OCC or FCA-aligned coverage.
Compare MPC, multi-sig, HSM, air-gapped cold storage, smart contract wallets and decentralized threshold cryptography.
Decide whether custody must integrate trading, staking, DeFi access, off-exchange settlement, treasury controls, tokenization or white-label infrastructure.
FAQ
MPC splits key material across parties without exposing a full private key, while multi-signature wallets require multiple separate signers on-chain. MPC is common for institutional operations; multi-sig is common for DAOs and transparent treasury controls.
Anchorage Digital, BitGo, Coinbase Custody, Fidelity Digital Assets, BNY Digital Assets, Zodia Custody, Sygnum Bank, Tangany and Propine are examples of providers positioned around qualified, bank-grade, trust-company, bank-backed or locally regulated custody models.
Fireblocks, Cobo, Coinbase Custody, Anchorage Digital, Copper.co, Sygnum Bank and Hex Trust are examples of providers relevant for custody plus treasury, trading, staking, DeFi access or off-exchange settlement workflows.