1
Anchorage Digital
Federal-chartered crypto custody
SF / NY / Sioux Falls / Singapore / Porto
$4.2B valuation
Backed by a16z, GIC, Goldman Sachs, KKR, Visa, Tether
First federally chartered US crypto bank
Atlas Settlement Network is live with institutional integrations
OCC National Trust Bank Charter
MiCA via BaFin, VARA, Singapore, Korea
2
Coinbase Custody
US ETF custody provider
Wilmington / SF, USA
Custodian for 8 of 11 spot Bitcoin ETFs
80%+ of US Bitcoin ETF assets routed via Coinbase
NYDFS Limited Purpose Trust Charter
Coinbase Custody Trust Company
Primary custodian for IBIT
Co-custodian for Morgan Stanley Bitcoin Trust
3
BitGo
Federally chartered public custody
Sioux Falls / Palo Alto, USA
$104B+ AUC
Thousands of institutional clients
Custody tech used by TradFi banks
Coverage across the US, EU, Switzerland, UAE, Singapore, Australia, Hong Kong
NYSE IPO completed in Jan 2026
First public federally chartered digital asset infrastructure firm
4
Fidelity Digital Assets, NA
Asset manager-operated federal trust
Boston, USA
Custody for FBTC and FETH
Backed by Fidelity’s ~$15T+ AUA platform
Acquired TRES Finance and Dynamic
Building a custody, wallet, and accounting operating system
OCC charter approved Dec 2025
Plans include stablecoin issuance and staking services
5
BNY
Global custodian with crypto surface
New York, USA
~$55.8T AUC/A
Live BTC and ETH custody since 2022
OCC-regulated bank
Institutional custody operations
Co-custodian for Morgan Stanley MSBT
IBIT cash custodian and administrator
6
Fireblocks
MPC-native institutional platform
New York / Tel Aviv
2,400+ institutional clients
$4T+ annual digital asset transfers in 2025
NYDFS BitLicense
SOC 2 Type II + ISO 27001
OCC conditional national trust bank charter
Conversion from the New York State trust
7
Ripple Custody (Metaco)
Bank custody technology stack
Lausanne / SF
Acquired Tungsten Custody in the UAE
Standard Chartered reportedly weighing full takeover
OCC conditional charter
FINMA-regulated custody stack
Ripple rebranded Metaco as Ripple Custody
Ripple National Trust Bank’s charter was conditionally approved
8
Sygnum
Swiss-licensed crypto bank
Zurich, Switzerland
2,000+ institutional clients
$5B+ AUM; unicorn valuation
FINMA banking licence
MAS, Liechtenstein, ADGM permissions
Reached unicorn status in Jan 2025
Sygnum Connect and Sygnum Protect live
9
Komainu
TradFi-backed custody JV
St Helier, Jersey
Operations across Jersey, UK, Italy, Singapore, UAE, Japan
~120 staff target
Jersey FSC, UK FCA, UAE VARA
Italy OAM and Singapore MAS via Propine
$75M Series B funded in Bitcoin
Propine acquisition expanded Singapore custody hub
10
Zodia Custody
Standard Chartered-backed custody
London, UK
~150 staff across 7 offices
75+ digital assets supported
UK FCA, Ireland MiCA-CASP, Lux, ADGM
Hong Kong and Japan FSA coverage
Sub-custodian for Clearstream Crypto offering
AnchorNote off-exchange settlement launched
11
Crypto Finance Group
Exchange-parent regulated custody
Zurich, Switzerland
Deutsche Börse majority-owned
Clearstream institutional distribution
FINMA Switzerland
BaFin licences + MiCA-CASP
Aura private wealth platform launched
Qualified custodian in the Fireblocks network
12
Hex Trust
APAC custody anchor
Hong Kong
$104M raised
APAC and MENA institutional coverage
HK SFC, MAS CMS, ADGM, VARA, DFSA
Multiple licence categories
ClearLoop settlement network expanded
Komainu was integrated into ClearLoop in 2025
13
Copper
Off-exchange settlement custody
London, UK
200+ institutional clients
Multi-billion-dollar assets under custody
Switzerland SO-FIT affiliation
Abu Dhabi ADGM licence
~$2B valuation
9+ exchanges on the ClearLoop network
14
Ceffu
Institutional MPC and OES
Lithuania
200+ institutional clients
Multi-billion assets under custody
Lithuania MiCA-CASP
Multi-jurisdiction sub-custody arrangements
MirrorX off-exchange settlement integrated with KuCoin
EU institutional custody status expanded
15
Bakkt Trust
NYDFS-regulated US custody
New York, USA
ICE-origin institutional custody
Multi-asset custody platform
NYDFS Limited Purpose Trust Charter
BitLicense + 50-state MTLs
Bakkt Warehouse supports institutional custody
$125M+ insurance across cold and warm wallets