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Provider profile · 2026 edition

Copper review 2026: scores, fees and alternatives.

A custodian using its own MPC technology, linked to its ClearLoop settlement network.

Research by Buckingham Intelligence, the research unit of Buckingham Capital Consulting · Facts read 26 October 2026 · Dated copies of source pages kept · Method
3.0 / 5Buckingham Intelligence score
3Awards 2026
1Index
10 of 12Rank, Crypto Custody Index

Short answer.

Copper scores 3.0 out of 5 (61 out of 100) in the Buckingham Intelligence Crypto Custody Index 2026 and ranks 10 of 12. It is strongest for trading firms wanting custody linked to off-exchange settlement, with 5 out of 5 for security assurance, insurance and client asset segregation. Not published or not stated on the pages read: pricing.

Awards and scores.

Scores from the Crypto Custody Index 2026.

Crypto Custody Index

3.0 / 561 out of 100 · rank 10 of 12
Top rated for security assurance 2026Top rated for insurance 2026Top rated for client asset segregation 2026
SegmentScore out of 100Rank
For funds and asset managers708 of 12
For crypto, payment and stablecoin firms5210 of 12
For corporate treasuries628 of 12

The score out of 5 is the overall score out of 100 divided by 20. Leader goes to the top three overall, Best for to the first in each segment, and Top rated for to a score of 5 out of 5 on a criterion. Awards cannot be bought.

Strengths and watch-outs.

Where it scores best, and where to check closely, as shown in each ranking.

Strongest for

Trading firms wanting custody linked to off-exchange settlement.

  • Security assurance (5/5). SOC 2 Type 2 and ISO 27001 published.
  • Insurance (5/5). $500M cover and Lloyd's market published.
  • Client asset segregation (5/5). On-chain and legal segregation stated.
Watch out for
  • Published pricing (0/5). Not published on the pages read.
  • Asset coverage (0/5). Not published on the pages read.

Published facts.

What Copper publishes on its own pages, read on 26 October 2026.

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.

FactWhat the provider publishes
Regulatory standingServices 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.
PricingNot published on the pages read.
Asset coverageNot published on the pages read.
SecuritySecurity 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 read26 October 2026

Not published or not stated by Copper

  • Pricing. Not published on the pages read.

A fact that is not published is scored as not offered or, for a fee, as if it were high. It is never estimated.

Facts read on 26 October 2026 from: copper.co/en-us/solutions/hold/qualified-custody, copper.co/en-us/company/security, copper.co/en-us/disclosures.

Criterion scores.

Each score with the evidence behind it.

  • Regulatory standing: 3/5. One US registration as a broker-dealer published.
  • Published pricing: 0/5. Not published on the pages read.
  • Asset coverage: 0/5. Not published on the pages read.
  • Security assurance: 5/5. SOC 2 Type 2 and ISO 27001 published.
  • Insurance: 5/5. $500M cover and Lloyd's market published.
  • Client asset segregation: 5/5. On-chain and legal segregation stated.

Each criterion is scored 0 to 5 against the best published offer in the Crypto Custody Index. 0 means not offered or not published. How it is scored

Copper alternatives.

The other providers in the same ranking, ordered by score.

ProviderScore out of 5RankStrongest for
BitGo4.21 of 12Firms needing licensed custody across the US, EU, Singapore and Dubai
Hex Trust4.02 of 12Firms in Asia and the Middle East wanting licensed custody with a published asset list
Coinbase Prime Custody3.93 of 12Funds and listed products wanting a large asset range with audited controls
Gemini Custody3.64 of 12Smaller funds and corporates wanting a fully published custody price
Komainu3.55 of 12Funds and issuers in Europe and the Middle East wanting on-chain segregated custody
Ceffu3.56 of 12Trading firms that hold assets in cold storage while trading on Binance
Zodia Custody3.57 of 12Banks and asset managers in Europe, the Middle East and Asia
Sygnum3.48 of 12Corporates and funds wanting bank custody with a published price list
Anchorage Digital3.19 of 12US funds, banks and corporates wanting custody from a federally chartered bank
Crypto Finance2.711 of 12European banks and asset managers outsourcing custody to a regulated group
Fidelity Digital Assets2.212 of 12US asset managers and wealth firms wanting a custodian within a large traditional group

Full Crypto Custody Index ranking

Copper compared.

Side by side on every criterion, fact and award.

Head-to-head comparisons cover pairs within the top five of each ranking. Copper is compared with its alternatives in the table above.

All comparisons

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