Top Tools / June 14, 2022
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Top 30 Cryptocurrency Custody Tools

The tools used to keep and secure bitcoin assets are cryptocurrency custody tools. These technologies rely on private key encryption to limit access to digital currency assets and maintain their privacy while in long-term storage. Individuals and organizations can acquire and sell cryptocurrencies with the help of many cryptocurrency custody solutions.

Additionally, these solutions can help to streamline and centralize cryptocurrency-related transactions and operations. Businesses use them to make asset management and storage more accessible while also maintaining asset security and privacy. In this top tools list, we have got the list of top 30 cryptocurrency custody tools.


1. Gemini

Gemini is a simple, attractive, and safe way to develop your cryptocurrency portfolio. Gemini provides all of the tools you'll need to keep, buy, and sell your cryptocurrency, regardless of your expertise.

The New York Financial Services Department has granted Gemini a trust corporation license. Gemini is subject to regular bank checks and cybersecurity audits. SOC Type 1 and SOC Type 2 Compliance — Gemini is SOC Type 1 and SOC Type 2 compliant. Gemini, the world's first cryptocurrency exchange and custodian, completed these exams.

Key Features:

  • Security keys made of hardware.

  • Insurance protection.

  • With reputable insurers, you may get the most significant cold storage coverage.

  • The user interface is simple to use.

Cost:

Free trial available.


2. Casa

Casa's well-proven security ensures that your bitcoin is kept safe for you and your loved ones. You are in complete control at all times. Casa provides you with the necessary tools and access to your bitcoin. Casa is always available to provide experienced assistance and protect your personal information.

Single points of failure are eliminated with Casa's multi-location security approach, devised by Jameson Lopp (a prominent Bitcoin and privacy specialist). It safeguards you from robbery, accidents, and natural calamities. Casa Covenant guarantees that when the time comes, your loved ones will receive their bitcoin securely and safely.

Key Features:

  • Online support

  • Integrates with Bitcoin and COLDCARD.

Cost:

$10 per month.


3. Coinbase Custody

Coinbase is a digital currency wallet and platform that allows merchants and users to exchange bitcoin, Ethereum, and litecoin. Coinbase Custody is a self-contained, self-capitalized subsidiary of Coinbase, Inc. Under New York State Banking Law, Coinbase Custody is a fiduciary.

Key Features:

  • Their battle-tested cold storage protects dedicated on-chain addresses.

  • The most popular insurance coverage in the industry.

  • External firms conduct frequent financial and security audits.

  • Maker Governance is available now, with support for other networks coming soon.

Cost:

Free trial available.


4. Ledger Vault

The Ledger Vault platform is the most secure and adaptable solution to store and manage private keys for custodians, exchanges, crypto banks, and professional investors. De-risk your business by leveraging the Vault and Ledger managed operations' end-to-end security.

Adapt your approval workflows to your governance policies and use APIs to incorporate them into your operations. Audit your users' activities and procedures to ensure you're meeting your compliance goals on the Vault platform. Easily manage many users, wallets, and transactions with administrative tools.

Key Features:

  • Private keys are segregated, stored, and encrypted in a Hardware Security Module and are never handled directly by day-to-day operators.

  • The custom governance rules carefully regulate the use of keys for signing purposes.

  • scalability and funds availability 24 hours a day, seven days a week

  • End-to-end hardware is used to create a transaction solution.

Cost:

Free trial available.


5. BlockFi

For years, crypto investors have been without essential financial products in the blockchain environment. BlockFi fills this void by providing clients worldwide with access to high-interest crypto accounts and low-cost credit products. BlockFi is situated in New York and has a BitLicense from the state of New York.

Key Features:

  • The return rates are high enough to cover the added third-party risk.

  • Makes it quick and painless to invest in significant tokens such as BTC and ETH, as well as numerous altcoins.

Cost:

Free trial available.


6. Fidelity Digital Assets

Thousands of institutions and financial intermediaries trust Fidelity today. With Fidelity Digital Assets, the company has expanded its capabilities to provide a dependable and safe platform for this developing asset class. With over $7 trillion in client assets under administration and over 1.3 million trades handled each day, Fidelity Investments is one of the world's most extensive and most varied financial services firms.

Key Features:

  • A full-featured, enterprise-grade platform for safeguarding, trading, and managing digital asset investments.

  • To store, transact, and support digital asset investments, you need highly accessible, reliable, enterprise-grade services.

  • Stocks, bonds, and other asset classes are readily available.

Cost:

Free trial available.


7. Koinly

Tax calculator for bitcoin and cryptocurrencies that makes generating tax reports a breeze. Koinly will compute your capital gains after connecting your accounts and wallets using API or CSV files. Forms 8949, K4, Schedule C, and a slew of others are supported.

Key Features:

  • connection with cryptocurrency exchanges

  • Any transaction that has been created automatically can be readily changed.

  • Helps you stay on top of your crypto taxes.

Cost:

Free trial available.


8. AmbiVault

AmbiVault is a hyper-secure storage solution that helps you manage digital assets and safeguard them from tampering or theft from the outside world. AmbiVault is based on the Ethereum blockchain's smart contracts, which define the following multi-sig rules: Multiple stakeholders must sign off to carry out any operation. These parties can be anyone you trust to act in your best interests. AmbiVault ensures the highest security for your digital assets by demanding multiple signatures.

Key Features:

  • Authentication with two factors.

  • Smart contracts power the Ethereum blockchain.

  • Private keys are stored in encrypted containers that cannot be decoded on the server-side.

  • Choose whether the token developer or the end-user pays the Blockchain transaction fees.

  • Allows you to specify how many users are required to perform network tasks.

Cost:

Free trial available.


9. Anchorage

Anchorage was created on the principle that technical issues necessitate technical solutions. We're creating the first crypto-native custodian to assist financial institutions to invest safely in digital assets. Anchorage Digital Bank is the first federally chartered digital asset bank in history, and it is a Qualified Custodian with fiduciary powers that can assist SEC-registered investment advisers in meeting their federal law requirements.

The Anchorage platform, which is regulated by the same agency and offers the same seamless experience clients have come to expect, is the easiest and most secure option for banks looking to deliver a comprehensive digital asset solution.

Key Features:

  • Safe crypto custody, trading, staking, governance, and more on the most advanced digital asset platform.

  • Provides convenient and effective crypto custody, trading, funding, staking, and governance services to institutions.

  • Assets are easily accessible, and transactions are completed quickly.

  • Provides a large-scale digital asset investment.

Cost:

Free trial available.


10. Fireblocks

Fireblocks is a one-stop-shop for storing, transferring, and issuing digital assets throughout your whole ecosystem. You can now safely access the full range of DeFi protocols for techniques like decentralized exchange (DEX) trading, lending/borrowing, staking, and yield farming, thanks to the Fireblocks DeFi API and Browser Extension. Using a multi-layer technique that combines the latest developments in MPC cryptography with hardware isolation protect consumer and investor funds from cyber attacks, internal collusion, and human mistake.

Key Features:

  • Using the first and only institutional asset transfer network, move and settle assets 24 hours a day, seven days a week.

  • Increase the value of your balance sheet, decrease counterparty risk, and generate new revenue streams.

  • The only insurance policy that covers assets in storage and transport gives you peace of mind.

Cost:

Free trial available.


11. itBit

With supervision from the New York Department of Financial Services ("DFS"), best-in-class blockchain monitoring software, and measures designed to prevent market manipulation, itBit Digital Asset Exchange offers a safe, secure, and fair trading environment. Access USD:BTC, USD:ETH, USD:BCH, USD:LTC, USD:PAXG, and other fiat-to-crypto liquidity pools with itBit's global network of clients in over 100 countries.

Key Features:

  • The exchange and your assets are always safe thanks to multiple levels of platform security and 100% crypto asset cold storage.

  • All liquidity providers are eligible for maker rebates.

  • Fees are charged on a transaction-by-transaction basis.

  • There are no fees for withdrawing cryptocurrency.

  • The fee structure is straightforward, with the lowest possible prices.

Cost:

Free trial available.


12. Kingdom Trust

Kingdom Trust is a leading independent, qualified custodian that specializes in cutting-edge custody and escrow services for both individual and institutional investors. Self-Directed IRA and Solo 401(k) account holders, single-member LLCs, family offices, investment advisers and advisory companies, broker-dealers, private equity funds, sponsors, and other investment platforms are among the company's clients (foreign and domestic). Private equity, private debt, digital assets, venture capital, and fund of funds can all benefit from the firm's institutional pooled investment vehicle (PIV) custody offering.

Key Features:

  • Can hold qualifying taxable and separately managed accounts (SMAs), as well as government-regulated, FATCA-registered, and IRS-recognized 402(b) plans.

  • It assists its clients in complying with SEC regulations.

  • Alternative assets, such as digital currency, real estate, precious metals, and private equity, are available for investment.

Cost:

Free trial available.


13. Poolin Wallet

Poolin Wallet was founded in December 2017 and has offices all around the world. Poolin Wallet has gradually evolved into an industry-leading custodial wallet that integrates comprehensive crypto financial products such as Custody, Swap, Earn, Loan, Derivatives, DeFi, and so on, with their vision to provide clients with cutting-edge tools to gain exposure to cryptocurrency. With this in mind, Poolin Wallet has gradually evolved into an industry-leading custodial wallet that integrates comprehensive crypto financial products such as Custody, Swap, Earn, Loan, Derivative, etc.

Key Features:

  • With top security and skilled risk management, assets are protected by best-in-class technology and infrastructure.

  • Attractive return, ample liquidity, and the lowest interest rate on the market.

  • Provide a broad set of crypto financial products with a high level of capability.

  • Easy-to-use program with helpful and prompt customer assistance.

Cost:

Free trial available.


14. Swiss Crypto Vault

Swiss Crypto Vault created a patented cold storage concept that is extremely safe. It uses the highest cryptographic, IT, and physical security requirements, as well as multi-party segregation and multi-signing capabilities. An independent third party reviews the implementation on a regular basis.

Key Features:

  • High-quality physical protection of digital assets.

  • a high level of safety

  • It supports all ERC20 / 223 tokens in addition to bitcoin and a variety of other digital currencies.

Cost:

Free trial available.


15. Venly

Venly's suite of blockchain products, support the largest blockchain layers. Venly is a company that focuses on both fungible and non-fungible tokens (NFTs). You have a trustworthy partner to scale your blockchain project with their robust wallet, minting, and market APIs. Their products work in unison with one another and with yours. venly is a blockchain technology supplier that is prepared for the future. Venly's wallet solutions will let you onboard your users. Choose their widget or API solution as your custody wallet provider to scale your project.

Key Features:

  • enables you to sell your NFTs

  • a rapidly expanding user base

  • Get a cut of every sale as a royalty fee.

Cost:

Free trial available.


16. Bakkt

Intercontinental Exchange, which manages over a dozen of the world's most prestigious exchanges, including the New York Stock Exchange, owns a majority stake in Bakkt®. Bakkt places a high focus on the security of your digital assets, and they use advanced information security and fraud prevention techniques to keep them safe. The Bakkt Warehouse houses air-gapped digital asset storage both online and offline. Bakkt's warm and cold wallets are covered by a $125,000,000 insurance coverage from a leading global carrier to protect the customers further.

Key Features:

  • Track, spend and send your digital assets with this app.

  • Use your digital assets to collect, convert, and pay.

  • You can use your digital asset to trade, spend, or send it.

Cost:

Free trial available.


17. Matrixport

Matrixport provides simple and easy-to-use crypto financial products. It should be simple to earn interest. Interest rates of up to 30% annually are offered; multi-currency and varied tenors are also available. Withdraw at your leisure and hourly compounding, and you can earn up to 6% APY. Borrow USDT or USDC to acquire crypto and convey a bullish stance on the price of BTC, ETH, BCH, and LTC. Borrow BTC, ETH, or BCH to sell, and be bearish on the price of BTC, ETH, BCH, and LTC.

Key Features:

  • Zero-interest and self-operated collateralized loans

  • Credit Funding and Spot Leverage Product

  • With their low-interest rates, you can save money on your finance.

  • Offers zero-commission spot trading.

Cost:

Free trial available.


18. Tangany

Tangany is a white-label custody provider based in Germany. Use their solution to build a solid foundation for your business case and gain best-in-class flexibility. All wallets use the most up-to-date HSM technology, FIPS140-2 certified (US-governmental and banking standard). Tangany is also subjected to external audits regularly and adheres to ISO 27001. The German Federal Financial Supervisory Authority is in charge of oversight (BaFin).

Key Features:

  • All digital assets, including cryptocurrencies, security tokens, utility tokens, and NFT custody, are supported.

  • Banks, asset managers, and finance IT service providers can safely store digital assets using their white-label solution.

  • Custody of tokenized assets industry leader.

Cost:

Free trial available.


19. CYBAVO

CYBAVO is a digital asset security company formed by specialists and pioneers from the cryptocurrency and security industries with over 20 years of experience in high-level cybersecurity. CYBAVO's objective is to provide digital asset custodians with the most technologically sophisticated protection available. This tool provides blockchain enterprises with enterprise-ready cryptocurrency wallet management services secured with the best technology available, thanks to the expertise in cybersecurity and decentralized technology.

Key Features:

  • By using a shared responsibility paradigm, a robust cryptographic scheme safeguards your private keys and reduces the chance of crucial loss.

  • To acquire access to your keys hypothetically, an attacker would have to compromise at least three separate entities.

  • From the operating system to the programming language level, everything is safe.

Cost:

Free trial available.


20. BCB Group

BCB Group is the first 'all-in-one' solution that allows corporate treasuries to integrate crypto assets in their portfolios. Purchase, sell, store, and manage your cash and cryptocurrency treasury. For all main blockchains, they provide numerous layers of security and accessibility. Custodial and non-custodial wallet solutions are natively supported for both long-term and high-frequency use cases for Bitcoin, Ethereum, Solana, Stellar, Algorand, and other cryptocurrencies. For digital assets, private wealth experience is required. For both institutional and private clients, they provide market-leading solutions.

Key Features:

  • At the most competitive spreads, buy and sell bitcoin at scale.

  • Instantly transfer money with no transaction fees or limits, 24 hours a day, seven days a week.

  • Members of the global settlements network can pay each other in numerous currencies, cryptocurrencies, and stable coins.

Cost:

Free trial available.


21. Copper

Copper has everything you need to succeed in an ever-changing market. Copper ClearLoop allows you to easily manage the transfer and reporting of digital assets between trading accounts and secure offline storage from a single location. Multiple vault accounts are available. Wallets with multiple signatures. Cooper combines MPC key shard technology with unique optical air-gapping for ultimate security when storing digital assets off-exchange. App for iPhone and iPad (Android coming soon).

Key Features:

  • Multiple trading accounts are available.

  • Total command of your assets.

  • Optical air-gapping with encryption.

  • Methodology with several signatures.

  • Management of MPC keys.

  • Secure custody architecture for crypto assets from end to end.

Cost:

Free trial available.


22. BitGo

BitGo is the global leader in digital asset financial services, including security, compliance, custody, and liquidity services to its clients. BitGo Trust Company, founded in 2018, is the first licensed custodian dedicated to digital assets. BitGo ingests and resolves your current and historical transactions, regardless of which exchanges, OTC desks, or brokers you use for trading or which custodial services or wallets you use for custody. This allows you to get a holistic view of your performance, positions, and tax.

Key Features:

  • Provides tight standards, procedures, controls, and disclosures to institutional investors.

  • With a connected, compliant, and secure range of solutions, clients can manage the complicated environment of digital assets.

  • Access to liquidity is combined with best-in-class security.

  • Advanced security configurations include multi-signature security, multi-user policy controls, and advanced security configurations.

Cost:

Free trial available.


23. NodeVenture

NodeVenture is Austria's most user-friendly and secure crypto wallet. By default, they keep bitcoins offline in the high-security digital vault. The tool primarily assists banks in using NodeVenture Wallet to provide cryptocurrency custody to their customers (B2B2C). This also serves the needs of family offices (B2B), crypto exchanges, venture capital firms, and other financial market participants who need to retain crypto assets in custody.

Key Features:

  • Users can access their digital assets whenever they want, thanks to proprietary air-wall technology (awt).

  • The software is available as a white-label web application and as an API.

  • NodeVenture can help traditional banks bridge the gap between centralized and decentralized digital banking (DeFi).

Cost:

Free trial available.


24. Taurus

With next-generation digital infrastructure, Taurus enables clients to digitalize and tokenize any sort of private asset and manage crypto assets. With the same platform, you can do it safely and easily. They've created one of the most sophisticated digital asset infrastructures. Only Taurus provides financial institutions with the digital infrastructure, technology, and solutions they need to manage crypto assets, as well as digitalize and tokenize any sort of private asset or digital currency. All of this is done on the same platform.

Key Features:

  • For financial institutions, the world's premier end-to-end digital asset infrastructure.

  • Multi-assets and multi-blockchains are available.

  • Financial organizations across the board use it.

  • Digital asset platform that is market-leading and holistic.

Cost:

Free trial available.


25. Unbound’s Crypto Asset Security Platform

The only Multi-Party-Computation (MPC) security platform for digital assets is FIPS 140 L2 certified. You may design multi-party risk-based approval policies that correspond to local legislation using Unbound's Crypto Asset Security Platform (CASP), and you can integrate HSMs and offline signers into one MPC-based platform. A FIPS 140 L2 certified software solution that eliminates public-key cryptography's single point of failure by providing a safe, distributed method of signing transactions while managing all of your digital assets.

Key Features:

  • Asset productivity is guaranteed.

  • In both 'cold' and 'hot' vaults, one comprehensive system protects digital assets.

  • Any approval-policy architecture is supported, as well as any (infinite) number of cryptographically authenticated signers.

Cost:

Free trial available.


26. Bitcoin Suisse

The Bitcoin Suisse Vault provides peace-of-mind cold storage for digital assets. PricewaterhouseCoopers, Grant Thornton, and Zühlke audited the company, and Compass Security performed penetration testing. Assets in the completely redundant Bitcoin Suisse Vault are maintained in cold storage on individual blockchain addresses and are easily accessible by client-defined individuals for trading, transfer, and other purposes 24 hours a day, seven days a week without the use of hardware. The Bitcoin Suisse Vault is periodically updated with new digital assets.

Key Features:

  • Cold storage of crypto assets for peace of mind.

  • For optimal asset governance, use a multi-signing process that has been proven.

  • BTC, ETH, BCH, BSV, XRP, XTZ, all ERC-20/223 tokens, and many others are supported.

Cost:

Free trial available.


27. Genesis

Genesis is a full-service digital currency prime brokerage and a global pioneer in institutional digital asset markets. On a monthly basis, Genesis facilitates billions in digital currency trades, loans, and transactions. Their staff has decades of expertise working at leading Wall Street investment firms, as well as a thorough understanding of the cryptocurrency markets. Their platform offers digital asset trading, derivatives, borrowing, lending, custody, and prime brokerage services through a unified interface.

Key Features:

  • The one-stop-shop for all of your digital asset requirements.

  • Prime digital currency broker with full service.

  • Provides a safe platform for investors to trade, borrow, lend, and custody of digital currencies.

Cost:

Free trial available.


28. Onchain Custodian®

Institutional clients and accredited investors can use integral custody and open finance solutions to manage digital assets in a secure, insured, and compliant manner. Onchain Custodian® (ONC), based in Singapore, provides a global, standardized, resilient, insured, and compliant custody service for institutional digital asset investments with an unrivaled user experience. ONC's solution is designed to be adaptable in order to satisfy the changing needs of crypto custody.

Key Features:

  • Best practices in digital asset custody are critical to the industry's future success.

  • devoted to developing the worldwide standard for digital asset custody in collaboration with customers and partners.

  • Provides extensive reporting services to help you manage your digital asset holdings more efficiently and transparently.

Cost:

Free trial available.


29. Curv

Curv is the first cloud-based institutional digital asset wallet service in the market. Curv mitigates the blockchain's irreversible single point of failure by eliminating the concept of private keys and offering an enterprise-grade policy engine, which is powered by revolutionary cryptography. Powered by breakthrough cryptography, a cloud-based wallet that gives you ironclad safety, immediate availability, and ultimate autonomy over all your digital assets.

Key Features:

  • adds new assets to any portfolio quickly and easily, without requiring the usage of any hardware or the management of blockchain infrastructures.

  • Providing a safe, distributed means to sign transactions and manage all of your digital assets eliminates this single point of failure.

Cost:

Free trial available.


30. Prime Trust

Prime Trust's universal asset platform is based on the patented core system, enabling the safekeeping of various assets that traditional institutions fail to represent appropriately. As the fintech landscape evolves, many applications are beginning to incorporate a wide range of assets, from crypto to stocks, in addition to standard USD payments, banking, and custody. All of those assets can be stored in one account with PrimeCore for optimal convenience and integration.

Key Features:

  • Simple custodial accounts for individuals and institutions are the starting point.

  • goes beyond typical Banking-as-a-Service infrastructure by offering tax-advantaged accounts like IRAs and asset protection through various asset protection trusts.

Cost:

Free trial available.


Things to Consider When Choosing a Cryptocurrency Custody Tool

A product must meet the following criteria to be considered for inclusion in the Cryptocurrency Custody category:

  • Cold storage of digital currency assets should be made easier.

  • Allow users to buy, sell, and trade cryptocurrencies.

  • Provide policy and security controls for digital money storage and trading.


Conclusion

This article should have provided you with a basic grasp of Cryptocurrency Custody Tools. You are now in a position to choose the Cryptocurrency Custody tools that are best suited to your requirements.


FAQs

What is Cryptocurrency Custody?

The term "crypto custody" refers to the procedure of safeguarding assets against theft. Custodians, who can be hired to look after your crypto for you, operate as stewards of your funds, whether they are cash, stocks, gold bars, or virtual assets.

What are Cryptocurrency Custody tools?

Cryptocurrency custody tools are similar to bitcoin wallets in that they hold cryptocurrency, as well as cryptocurrency exchanges in that they may be used to buy and sell digital currency assets. Custody tools, on the other hand, are distinct in that they consolidate transaction and storage procedures while permitting storage on an institutional scale.

When Should You Consider Using Cryptocurrency Custody tools?

The primary purpose of bitcoin custody solutions is to keep cryptocurrency assets safe. Private keys are a complex combination of alphanumerics that are used to execute transactions or access crypto assets. They're tough to remember, and they're vulnerable to being stolen or hacked. Online wallets are a possible answer, although they have also been shown to be vulnerable to hacking. Cryptocurrency exchanges are no exception.

Other options include storing private keys offline, on paper, or on a hard disc (or another non-internet-connected electronic device). However, losing physical possession (or either paper or electronic equipment) is a genuine danger, and recovering cryptocurrency assets in those situations can be difficult.

What is the future of Cryptocurrency Custody?

Cryptocurrency custody solutions have become increasingly popular as analysts and institutional investors see them as a bridge between the traditional institutional investing market and the rapidly changing cryptocurrency field. At least two events are predicted to have an impact on cryptocurrency custody in the future.

The first is the arrival of major players. The second issue is the lack of regulatory certainty.

What are the two types of Cryptocurrency Custody?

The fiduciary obligations that come with custody of private keys belong to the certified custodian. "An adviser who has custody of client assets, and thus must comply with the regulation, when it holds, directly or indirectly, client funds or securities or [has] any authority to gain possession of them," according to the SEC.

Custody technology refers to the location of private keys. It's a technology platform that allows companies (usually qualified custodians) to manage digital assets.

Top 30 Cryptocurrency Custody Tools
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The world's biggest online directory of resources and tools for startups and the most upvoted product on ProductHunt History.