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An independent annual ranking of the custodians that funds, crypto and payment firms and corporate treasuries use to hold digital assets. 12 custodians, six criteria, nothing paid for.
Scores out of 100. Each segment weights the criteria differently; the method is below. Facts read on 26 October 2026 from the providers' own pages.
The mean of the 3 segment scores.
| Rank and provider | Score /100 | Status | Strongest for |
|---|---|---|---|
| 1. BitGo | 83 | Qualified custodian and national trust bank | Firms needing licensed custody across the US, EU, Singapore and Dubai |
| 2. Hex Trust | 81 | Licensed institutional custodian | Firms in Asia and the Middle East wanting licensed custody with a published asset list |
| 3. Coinbase Prime Custody | 78 | Qualified custodian (New York trust company) | Funds and listed products wanting a large asset range with audited controls |
| 4. Gemini Custody | 73 | Qualified custodian (New York trust company) | Smaller funds and corporates wanting a fully published custody price |
| 5. Komainu | 70 | Regulated institutional custodian | Funds and issuers in Europe and the Middle East wanting on-chain segregated custody |
| 6. Ceffu | 70 | Institutional custodian (Binance off-exchange partner) | Trading firms that hold assets in cold storage while trading on Binance |
| 7. Zodia Custody | 69 | Bank-backed institutional custodian | Banks and asset managers in Europe, the Middle East and Asia |
| 8. Sygnum | 68 | Swiss regulated bank | Corporates and funds wanting bank custody with a published price list |
| 9. Anchorage Digital | 62 | Federally chartered crypto bank | US funds, banks and corporates wanting custody from a federally chartered bank |
| 10. Copper | 61 | Qualified custodian and settlement network | Trading firms wanting custody linked to off-exchange settlement |
| 11. Crypto Finance | 54 | Swiss and German regulated custodian | European banks and asset managers outsourcing custody to a regulated group |
| 12. Fidelity Digital Assets | 44 | National trust bank custodian | US asset managers and wealth firms wanting a custodian within a large traditional group |
Weighted to regulatory standing, security and segregation: a fund must show investors and auditors that assets sit with a licensed custodian, apart from its balance sheet.
| Rank and provider | Score /100 | Status | Strongest for |
|---|---|---|---|
| 1. BitGo | 88 | Qualified custodian and national trust bank | Firms needing licensed custody across the US, EU, Singapore and Dubai |
| 2. Hex Trust | 87 | Licensed institutional custodian | Firms in Asia and the Middle East wanting licensed custody with a published asset list |
| 3. Coinbase Prime Custody | 84 | Qualified custodian (New York trust company) | Funds and listed products wanting a large asset range with audited controls |
| 4. Zodia Custody | 76 | Bank-backed institutional custodian | Banks and asset managers in Europe, the Middle East and Asia |
| 5. Komainu | 75 | Regulated institutional custodian | Funds and issuers in Europe and the Middle East wanting on-chain segregated custody |
| 6. Gemini Custody | 74 | Qualified custodian (New York trust company) | Smaller funds and corporates wanting a fully published custody price |
| 7. Ceffu | 71 | Institutional custodian (Binance off-exchange partner) | Trading firms that hold assets in cold storage while trading on Binance |
| 8. Copper | 70 | Qualified custodian and settlement network | Trading firms wanting custody linked to off-exchange settlement |
| 9. Anchorage Digital | 69 | Federally chartered crypto bank | US funds, banks and corporates wanting custody from a federally chartered bank |
| 10. Sygnum | 66 | Swiss regulated bank | Corporates and funds wanting bank custody with a published price list |
| 11. Crypto Finance | 62 | Swiss and German regulated custodian | European banks and asset managers outsourcing custody to a regulated group |
| 12. Fidelity Digital Assets | 49 | National trust bank custodian | US asset managers and wealth firms wanting a custodian within a large traditional group |
Weighted to asset coverage, standing and security: these firms hold many tokens for customers and need a licensed custodian that supports them.
| Rank and provider | Score /100 | Status | Strongest for |
|---|---|---|---|
| 1. BitGo | 84 | Qualified custodian and national trust bank | Firms needing licensed custody across the US, EU, Singapore and Dubai |
| 2. Hex Trust | 83 | Licensed institutional custodian | Firms in Asia and the Middle East wanting licensed custody with a published asset list |
| 3. Coinbase Prime Custody | 81 | Qualified custodian (New York trust company) | Funds and listed products wanting a large asset range with audited controls |
| 4. Komainu | 75 | Regulated institutional custodian | Funds and issuers in Europe and the Middle East wanting on-chain segregated custody |
| 5. Sygnum | 68 | Swiss regulated bank | Corporates and funds wanting bank custody with a published price list |
| 6. Zodia Custody | 67 | Bank-backed institutional custodian | Banks and asset managers in Europe, the Middle East and Asia |
| 7. Gemini Custody | 65 | Qualified custodian (New York trust company) | Smaller funds and corporates wanting a fully published custody price |
| 8. Ceffu | 65 | Institutional custodian (Binance off-exchange partner) | Trading firms that hold assets in cold storage while trading on Binance |
| 9. Anchorage Digital | 60 | Federally chartered crypto bank | US funds, banks and corporates wanting custody from a federally chartered bank |
| 10. Copper | 52 | Qualified custodian and settlement network | Trading firms wanting custody linked to off-exchange settlement |
| 11. Crypto Finance | 48 | Swiss and German regulated custodian | European banks and asset managers outsourcing custody to a regulated group |
| 12. Fidelity Digital Assets | 42 | National trust bank custodian | US asset managers and wealth firms wanting a custodian within a large traditional group |
Weighted to published pricing and segregation: a company holding a few assets needs a known cost and clear legal protection.
| Rank and provider | Score /100 | Status | Strongest for |
|---|---|---|---|
| 1. Gemini Custody | 80 | Qualified custodian (New York trust company) | Smaller funds and corporates wanting a fully published custody price |
| 2. BitGo | 77 | Qualified custodian and national trust bank | Firms needing licensed custody across the US, EU, Singapore and Dubai |
| 3. Ceffu | 73 | Institutional custodian (Binance off-exchange partner) | Trading firms that hold assets in cold storage while trading on Binance |
| 4. Hex Trust | 72 | Licensed institutional custodian | Firms in Asia and the Middle East wanting licensed custody with a published asset list |
| 5. Sygnum | 71 | Swiss regulated bank | Corporates and funds wanting bank custody with a published price list |
| 6. Coinbase Prime Custody | 69 | Qualified custodian (New York trust company) | Funds and listed products wanting a large asset range with audited controls |
| 7. Zodia Custody | 64 | Bank-backed institutional custodian | Banks and asset managers in Europe, the Middle East and Asia |
| 8. Copper | 62 | Qualified custodian and settlement network | Trading firms wanting custody linked to off-exchange settlement |
| 9. Komainu | 60 | Regulated institutional custodian | Funds and issuers in Europe and the Middle East wanting on-chain segregated custody |
| 10. Anchorage Digital | 57 | Federally chartered crypto bank | US funds, banks and corporates wanting custody from a federally chartered bank |
| 11. Crypto Finance | 53 | Swiss and German regulated custodian | European banks and asset managers outsourcing custody to a regulated group |
| 12. Fidelity Digital Assets | 40 | National trust bank custodian | US asset managers and wealth firms wanting a custodian within a large traditional group |
Each criterion is scored 0 to 5 against the best published offer in this edition. 0 means not offered or not published.
| Provider | Regulatory standing | Published pricing | Asset coverage | Security assurance | Insurance | Client asset segregation |
|---|---|---|---|---|---|---|
| BitGo | 5 | 1 | 5 | 4 | 5 | 5 |
| Hex Trust | 5 | 0 | 5 | 5 | 4 | 5 |
| Coinbase Prime Custody | 5 | 0 | 5 | 5 | 3 | 5 |
| Gemini Custody | 4 | 5 | 0 | 5 | 4 | 3 |
| Komainu | 5 | 0 | 5 | 5 | 0 | 5 |
| Ceffu | 4 | 4 | 1 | 5 | 3 | 3 |
| Zodia Custody | 5 | 0 | 3 | 4 | 3 | 5 |
| Sygnum | 4 | 5 | 3 | 3 | 2 | 3 |
| Anchorage Digital | 5 | 0 | 2 | 5 | 0 | 5 |
| Copper | 3 | 0 | 0 | 5 | 5 | 5 |
| Crypto Finance | 5 | 0 | 0 | 4 | 3 | 3 |
| Fidelity Digital Assets | 4 | 0 | 0 | 5 | 3 | 0 |
6 criteria, scored only from what each provider publishes.
The licences a custodian publishes for holding client assets: a bank or trust charter, or a custody licence such as a MiCA licence (the EU licence for crypto service providers), with the regulator and licence number.
Custody rates, minimum fees and withdrawal fees on a public fee page. "From", "starting at" and promotional prices do not count.
The published number of digital assets and blockchains the custodian supports.
Independent audit reports on controls: SOC 1 and SOC 2 reports (US auditor reports on a firm's controls; Type II tests them over a period), ISO 27001 (the international security management standard) and how keys are kept offline in cold storage.
The published amount of insurance against theft or loss of assets in custody, and who provides it.
Whether each client's assets sit in their own on-chain wallets, and whether they are held off the custodian's balance sheet so they are bankruptcy remote (out of reach of the custodian's creditors if it fails).
| Criterion | Funds and asset managers | Crypto, payment and stablecoin firms | Corporate treasuries |
|---|---|---|---|
| Regulatory standing | 25 | 20 | 20 |
| Published pricing | 10 | 15 | 25 |
| Asset coverage | 10 | 25 | 5 |
| Security assurance | 20 | 20 | 15 |
| Insurance | 15 | 10 | 15 |
| Client asset segregation | 20 | 10 | 20 |
| Criterion | 5 | 3 | 0 |
|---|---|---|---|
| Regulatory standing | Bank or trust charter, or custody licences, from named regulators in two or more regions | One custody licence or charter, or registrations only | Not published |
| Published pricing | Custody rate, minimum fee and withdrawal fees on a fee page | Custody rate published without tiers or minimums | Not published, or "from" prices only |
| Asset coverage | 400 or more assets published | About 50 to 150 assets published or listed | Not published |
| Security assurance | SOC 1 Type II and SOC 2 Type II, or SOC 2 Type II and ISO 27001 | One report or certification published | Not published |
| Insurance | Cover amount and insurer or market published | Insurance stated without an amount | Not published |
| Client asset segregation | Per-client on-chain wallets and a bankruptcy-remote legal structure stated | One of the two stated | Not published |
Score out of 100 is the sum of each criterion score divided by five and multiplied by its weight. The overall ranking is the mean of the segment scores. Ties are broken by regulatory standing, then client asset segregation. A provider that does not publish a price is scored as though the price were high, because a business cannot plan on an unpublished price. Prices are scored on the standard published rate, never an introductory, promotional or "from" rate, and a figure counts only when it appears on a pricing, fee or terms page rather than in a marketing line. A provider that serves one country only is scored on access for that country, and the limitation is printed in its profile.
What each provider publishes, criterion by criterion, with the date read and the source.
A custodian with a national trust bank in the US and licensed entities in New York, Germany, Singapore, Dubai and Switzerland. It publishes the widest asset support in this edition, a $250M Lloyd's insurance policy, full cold storage and bankruptcy-remote segregation. It publishes how fees are calculated but not the rates.
| Regulatory standing | Licences page: BitGo Bank & Trust, National Association, authorised by the OCC; BitGo New York Trust Company, regulated by NYDFS; BitGo Europe GmbH, MiCAR licence from BaFin; BitGo Singapore, Major Payment Institution licence from MAS; BitGo Custody MENA FZE, licensed by VARA for custody; BitGo GmbH, affiliated with VQF under FINMA supervision. |
| Pricing | Billing methodology: a basis point fee on average assets under custody plus fees on outgoing transfers, at "the rate or tiered rates specified in the client's agreement". No rates published. |
| Asset coverage | "supports more than 1,110 crypto assets across more than 44 different blockchains" (BitGo article). |
| Security | "100% Cold Storage" in "Cold storage environments that are offline"; SOC 2 Type 2, renewed annually (BitGo article). SOC 1 not stated on the pages read. |
| Insurance | "We maintain a $250M insurance policy on digital assets where BitGo Bank & Trust, National Association maintains all of the keys", from "a syndicate of insurers in the Lloyd's of London and European Marketplace". |
| Segregation | Custodial wallets are "structured to keep client assets segregated from corporate balance sheets" and "segregated and structured to be bankruptcy-remote". |
| Date read | Read 26 October 2026 |
Facts read on 26 October 2026 from: www.bitgo.com, www.bitgo.com, www.bitgo.com, www.bitgo.com, www.bitgo.com, www.bitgo.com.
A custodian licensed in Singapore, Dubai and Hong Kong. It publishes 501 supported assets, SOC 1 and SOC 2 Type II reports with named auditors, ISO 27001, a stated insurance cap and insolvency-remote, on-chain segregated accounts. It does not publish prices.
| Regulatory standing | Custody FAQ: "Registered with the Monetary Authority of Singapore (MAS) as a Major Payment Institution"; "Regulated by the Dubai Virtual Assets Regulatory Authority (VARA) to offer virtual asset custody services"; licensed under Hong Kong's Trust or Company Service Provider regime. |
| Pricing | Not published on the pages read. |
| Asset coverage | "Hex Safe supports the following 501 assets, listed alphabetically by ticker" (help centre). |
| Security | Trust Center: SOC 2 Type II (December 2023, AssuranceLab), SOC 1 Type I and II (February 2023, Deloitte), ISO 27001:2013; keys held in FIPS 140-3 Level 3 hardware security modules in air-gapped environments. |
| Insurance | "Our insurance policy provides a maximum coverage of US$25,000,000 across all clients"; dedicated cover can be extended "upon agreement with our Lead Insurer". Insurer not named. |
| Segregation | "Client assets are both legally and technologically segregated through on-chain account structures"; "Hex Trust utilises an insolvency-remote legal structure". |
| Date read | Read 26 October 2026 |
Facts read on 26 October 2026 from: hextrust.com, hextrust.com, hextrust.com, help.hextrust.com.
Custody through Coinbase Custody Trust Company, a New York trust company and qualified custodian, inside the Coinbase Prime platform. It publishes 470+ assets, SOC 1 and SOC 2 Type II audits by Deloitte, and on-chain segregation with bankruptcy-remote client funds. It does not publish custody prices or an insurance amount.
| Regulatory standing | Coinbase Custody Trust Company is "chartered as a limited purpose trust company by the New York State Department of Financial Services" and "a Qualified Custodian". Coinbase Prime page: Coinbase holds a MiCA licence covering all 27 EU member states. |
| Pricing | Not published on the pages read. |
| Asset coverage | "Clients can access 470+ assets today, with more being added regularly." |
| Security | "Coinbase Custody Trust Company maintains SOC 1 Type II and SOC 2 Type II audits by Deloitte & Touche"; Coinbase Vault storage "combines physical security, consensus computation, and strict process controls". |
| Insurance | Coinbase article (4 March 2024) cites "a substantial commercial crime insurance policy that covers theft of fiat currency or digital assets"; no amount published. |
| Segregation | "Client funds are segregated at the account, sub-account, and on-chain wallet address level"; "Legally, client funds are bankruptcy remote" (Coinbase article, 4 March 2024). |
| Date read | Read 26 October 2026 |
Facts read on 26 October 2026 from: www.coinbase.com, www.coinbase.com, www.coinbase.com, www.coinbase.com.
Custody from Gemini Trust Company, a New York trust company and qualified custodian. It publishes a complete custody fee schedule, a stated insurance amount, ISO 27001 and SOC 2 Type 2, and on-chain segregated addresses. It does not publish a supported asset count or a bankruptcy-remote legal structure.
| Regulatory standing | "Gemini is a fiduciary and qualified custodian under New York Banking Law and is licensed by the State of New York to custody digital assets." Gemini Trust Company, LLC NMLS #1518126. |
| Pricing | Custody Fee Schedule (7 October 2026): "0.4% or $30 per month per asset, whichever is higher"; minimum balance: none; setup fee: waived; withdrawals: network fee passed through (legacy accounts $125). |
| Asset coverage | Not published on the custody pages read. |
| Security | "ISO 27001 and SOC 2 Type 2 certified"; "Instant trading from cold storage"; new accounts use Gemini's MPC (multi-party computation) infrastructure. |
| Insurance | "Gemini maintains $125M in digital asset insurance for certain types of losses": $25M commercial crime cover for the hot wallet and $100M for cold storage (as of 1 March 2024). Insurer not named. |
| Segregation | "All customer assets are segregated using unique digital addresses that are independently verifiable on their respective blockchains." Bankruptcy remoteness not stated. |
| Date read | Read 26 October 2026 |
Facts read on 26 October 2026 from: www.gemini.com, www.gemini.com.
An institutional custodian regulated in Jersey and Dubai and registered in the UK. It publishes SOC 1 and SOC 2 Type II, ISO 27001, support for 6,000+ tokens and bankruptcy-remote, on-chain segregated wallets held off balance sheet. It does not publish prices or an insurance amount.
| Regulatory standing | Komainu (Jersey) Limited is regulated by the Jersey Financial Services Commission and is a Virtual Asset Service Provider; Komainu MZE is regulated by Dubai VARA "for VA Custody Services (including custodial staking)"; Komainu (UK) Limited is registered with the UK FCA. |
| Pricing | Not published on the pages read. |
| Asset coverage | "We support custody for 40+ native blockchains and over 6,000 tokens." |
| Security | "holds SOC 1 Type II and SOC 2 Type II attestations. Komainu is also ISO27001 certified." |
| Insurance | No cover amount or insurer published; an article on the site discusses insurance in custody. |
| Segregation | "Client assets are held off-balance sheet, in bankruptcy-remote segregated on-chain wallets." |
| Date read | Read 26 October 2026 |
Facts read on 26 October 2026 from: komainu.com, komainu.com, komainu.com.
An institutional custodian that describes itself as Binance's sole off-exchange custody partner, with a Dubai custody licence. It publishes a fee schedule, ISO 27001 and SOC 2 Type 2, Lloyd's specie insurance and segregated on-chain wallets. The fee schedule is dated 2022, no asset count is published, and the Dubai licence page shows a validity date that has passed.
| Regulatory standing | Ceffu Custody FZE "is regulated by the Dubai Virtual Assets Regulatory Authority (VARA) as a Virtual Asset Service Provider for Custody Services", licence VL/25/10/001; the page states "License Validity: 8 Oct 2026"; no renewal was shown on the page when read on 26 October 2026. FAQ: Bifinity UAB is registered in Lithuania as a crypto wallet service provider. |
| Pricing | Fee schedule (last update 3 August 2022): Qualified Wallet custody "0.30% per annum; tiered pricing based on AUC"; minimum balance 1,000,000 USD; withdrawals to Binance waived; to external wallets "currently waived (0.01% - 0.03% after introductionary offer)". |
| Asset coverage | Supports "BTC, ETH, BNB, LTC, BCH, XRP, and a host of other ERC-20 and BEP-20 tokens"; no total count published. |
| Security | "Our solutions are ISO 27001/27701 certified and SOC 2 Type 2 attested"; "MPC-backed institutional-grade cold storage". |
| Insurance | "Ceffu maintains specie insurance coverage by Arch syndicate at Lloyd's of London"; no amount published. |
| Segregation | Qualified Wallet users "will have fully segregated wallets", each with its own "segregated on-chain wallet address"; legal insolvency protection not stated. |
| Date read | Read 26 October 2026 |
Facts read on 26 October 2026 from: www.ceffu.com, www.ceffu.com, www.ceffu.com, www.ceffu.com.
An institutional custodian backed by Standard Chartered, which has agreed to acquire it subject to approvals. It publishes licence numbers in Luxembourg, Abu Dhabi, the UK and Hong Kong, air-gapped cold wallets, and segregated, insolvency-remote client wallets. It does not publish prices or an insurance amount.
| Regulatory standing | Zodia Custody (Europe) S.A. is authorised as a crypto-asset service provider by the Luxembourg CSSF (number N00000006); Zodia Abu Dhabi is regulated by the ADGM FSRA (permission 220129); Zodia Custody Limited is registered with the UK FCA (FRN 928347) under the Money Laundering Regulations; Hong Kong Trust and Company Service Provider licence TC009245. |
| Pricing | Not published on the pages read. |
| Asset coverage | Coin coverage page lists more than 70 named assets, including BTC, ETH, SOL, XRP, USDT and PAXG; support is "dependent on jurisdiction". |
| Security | "SOC 1 Type II accreditation", "SOC 2 Type I accreditation" and "ISO 27001:2022 accreditation"; assets held in "air-gapped cold wallets" with 24/7 withdrawals. |
| Insurance | Insurance programme covering digital asset custody, crypto asset crime and cyber risks; no cover amount published. |
| Segregation | "Each client's digital assets reside in dedicated, segregated wallets with no co-mingling between clients"; "insolvency-remote structures designed to keep client assets legally and operationally segregated from the custodian's balance sheet". |
| Date read | Read 26 October 2026 |
Facts read on 26 October 2026 from: zodia-custody.com, zodia-custody.com, zodia-custody.com, zodia-custody.com, zodia-custody.com.
A Swiss bank supervised by FINMA offering digital asset custody alongside bank accounts. It publishes a full tiered custody, transfer and trading price list and holds client digital assets off balance sheet as bankruptcy remote. It publishes ISAE controls reports rather than SOC reports and only limited insurance.
| Regulatory standing | "Sygnum is a regulated bank supervised by the Swiss Market Financial Authority (FINMA)." Regional sites for the EU, Singapore and the UAE are linked without licence details on the page read. |
| Pricing | Corporate price list (valid from 25 June 2026): custody 0.6% a year up to CHF 500K, 0.5% from CHF 500K to 5M and 0.4% above CHF 5M, charged quarterly; transfers out 0.2% up to CHF 500K, minimum CHF 100; trading 0.8%, minimum 80. |
| Asset coverage | "more than 70 digital assets", with further tokens on request. |
| Security | "Certified custody under ISAE 3000 and ISAE 3402"; keys on "FIPS-140.2 Level 3 hardware" and multi-party computation. SOC and ISO 27001 not stated. |
| Insurance | "Sygnum has limited insurance cover against loss of digital assets, i.e., due to internal fraud." No amount published. |
| Segregation | "Sygnum is able to hold all client digital assets off-balance sheet"; crypto assets are "bankruptcy remote in the unlikely case of a Sygnum insolvency". Per-client on-chain wallets not stated. |
| Date read | Read 26 October 2026 |
Facts read on 26 October 2026 from: www.sygnum.com, www.sygnum.com, www.sygnum.com.
A US custodian that holds client assets through a national bank chartered by the OCC, with a licensed Singapore entity. It publishes SOC 1 and SOC 2 Type II controls and bankruptcy-remote, segregated custody. It does not publish custody prices, insurance or a total asset count.
| Regulatory standing | Custody, settlement, staking and governance are offered through Anchorage Digital Bank National Association, "the first crypto bank with an OCC charter". Anchorage Digital Singapore holds a Major Payment Institution licence from the Monetary Authority of Singapore. New York agency trading: "BitLicense #0000041". |
| Pricing | Not published on the pages read. |
| Asset coverage | Supported assets page lists assets alphabetically; "Asset support varies by legal entity, jurisdiction, and services." No total count published. |
| Security | "Our internal control frameworks are supported by SOC 1 and SOC 2 Type II audited controls." |
| Insurance | No cover amount or insurer published; assets in custody "are not subject to the insurance protections" of the FDIC or SIPC. |
| Segregation | "Protect assets with bankruptcy-remote, segregated custody, backed by a federally chartered crypto bank." |
| Date read | Read 26 October 2026 |
Facts read on 26 October 2026 from: www.anchorage.com, www.anchorage.com, www.anchorage.com, www.anchorage.com.
A custodian using its own MPC technology, linked to its ClearLoop settlement network. It publishes the largest insurance cover in this edition, SOC 2 Type 2 and ISO 27001, and on-chain and legal segregation. US services run through a SEC-registered broker-dealer; no other licences, prices or asset counts appear on the pages read.
| Regulatory standing | Services in the US "are offered by Copper Markets (US), Inc., a broker-dealer registered with the U.S. Securities and Exchange Commission (SEC); a member of the Financial Industry Regulatory Authority (FINRA)" and SIPC. Copper Markets (Switzerland) AG is described as "not registered as a broker-dealer"; no other licences on the pages read. |
| Pricing | Not published on the pages read. |
| Asset coverage | Not published on the pages read. |
| Security | Security page lists "SOC 2 Type 2" (security and availability attestation) and "ISO 27001" (ISO-certified security management system); custody built on "proprietary MPC technology". |
| Insurance | "$500M of specie market-based insurance, placed in the Lloyd's of London market", arranged with Aon. |
| Segregation | "Client assets can be segregated both on-chain and through legal structures." "No single individual can authorize or move assets alone." |
| Date read | Read 26 October 2026 |
Facts read on 26 October 2026 from: copper.co, copper.co, copper.co.
Part of Deutsche Börse Group, with a FINMA-regulated Swiss entity and a BaFin-regulated German entity holding a MiCAR licence. It publishes SOC 2 Type II for its storage infrastructure and connections through API, SWIFT and Clearstream. It does not publish prices, an asset count, an insurance amount or an insolvency structure.
| Regulatory standing | "Crypto Finance AG is a financial institution regulated by FINMA, while its subsidiary Crypto Finance (Deutschland) GmbH is regulated by BaFin and operates across Europe thanks to its MiCAR license." |
| Pricing | Not published on the pages read. |
| Asset coverage | "Our custody solution supports a multitude of assets"; no count or list on the pages read. |
| Security | "SOC-2 Type II certified asset storage infrastructure"; "following SOC1 Type 1 ISAE3402 standards"; hardware that "never exposes private keys". |
| Insurance | "Following market standards, we also provide insurance coverage." No amount or insurer published. |
| Segregation | "complete asset segregation" stated; legal treatment in insolvency not described. |
| Date read | Read 26 October 2026 |
Facts read on 26 October 2026 from: www.crypto-finance.com, www.crypto-finance.com.
The digital asset arm of Fidelity Investments, providing custody and trading through a national trust bank chartered by the OCC in 2025, with a UK entity registered with the FCA. It publishes SOC 1 and SOC 2 Type 2 audits and offline cold storage. It does not publish prices, supported assets, insurance terms or how client assets are segregated.
| Regulatory standing | "Fidelity Digital Assets, National Association was granted a national trust bank charter by the OCC in 2025." Fidelity Digital Assets, Ltd. is registered with the UK FCA for certain cryptoasset activities under the Money Laundering Regulations. |
| Pricing | Not published on the pages read. |
| Asset coverage | Not published on the pages read. |
| Security | "Fidelity Digital Assets undergoes SOC 1 Type 2 and SOC 2 Type 2 audits annually"; "Offline, Cold-Vaulted Storage". |
| Insurance | Refers to "industry-leading security and insurance coverage"; no amount or insurer published. |
| Segregation | Not published on the pages read. |
| Date read | Read 26 October 2026 |
Facts read on 26 October 2026 from: www.fidelitydigitalassets.com, www.fidelitydigitalassets.com.
The index is paid for by nobody.
No provider pays to be assessed, listed or ranked, and there are no sponsored places. Providers do not apply: BCC selects the providers a business is likely to consider and scores them from their own pages. Any provider may ask to be assessed; the request changes nothing about the score.
Every figure is read from the provider's own pricing, product, legal or help page on the date shown. Providers may send corrections to [email protected]; a correction changes the page only where the provider's own page supports it. Every provider is re-read monthly and a new edition is published each October.
Wallet and key management software vendors that do not hold assets for clients, such as Fireblocks, Taurus and Ledger Enterprise, are left out, because the client keeps legal control and the vendor is not a custodian. Exchanges that hold assets only for their own trading customers, retail wallets and self-custody apps are left out. Global custody banks that offer digital asset custody only within wider custody mandates are not assessed in this edition.
Ranked providers may show the index badge on their own site.
The badge is free. The one condition is that it links to this page, so that a reader can check the score and the method behind it. It is withdrawn if the link is removed or the provider leaves the index.
Embed: <a href="https://www.buckinghamcapitalconsulting.com/crypto-custody-index"><img src="https://www.buckinghamcapitalconsulting.com/assets/bcc-crypto-custody-index-2026.svg" alt="Ranked in the Buckingham Capital Consulting Crypto Custody Index 2026" width="300"></a>
Nobody. No custodian pays to be assessed, listed or ranked.
A US term for a bank, trust company or similar regulated firm that investment advisers may use to hold client assets. Outside the US, look for a custody licence from the local regulator, such as a MiCA licence in the EU or a VARA licence in Dubai.
That client assets are legally separate from the custodian's own assets, so if the custodian fails its creditors cannot claim them. It depends on the legal structure, not only on separate wallets.
Most policies cover theft or loss up to a shared limit across all clients, which may be small next to the assets held. Segregation and a bankruptcy-remote structure protect the whole holding if the custodian fails.
No. The firm stays responsible for choosing and monitoring its custodian under its own regulator's rules. A custodian's licence covers the custodian, not the client.
No. The index compares published facts and is not a recommendation to use a particular custodian. Every custodian is re-read monthly and a new edition is published every October.
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