Best Institutional Custody Solutions for Tokenized Assets in 2026

Best Institutional Custody Solutions
  • 2 Million+ Readers
  • Verified Unbiased Projects
  • Reviewed By Crypto Experts
  • 2 Million+ Readers
  • Verified Unbiased Projects
  • Reviewed By Crypto Experts

CoinGape has been covering cryptocurrency and blockchain markets since 2017. Our editorial team evaluates projects and platforms using structured review frameworks focused on transparency, utility, and risk assessment. You can explore our review methodologies to see how we assess and rate different categories. We maintain clear editorial standards and disclose advertising or affiliate relationships where applicable.

Investment disclaimer
The content reflects the author's personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure
This site may feature sponsored content and affiliate links, To get more information on the partner link placements visit our affiliate policy page . All advertisements are clearly labeled, and ad partners have no influence over our editorial content.

Tokenized assets are moving fast. Bonds, treasuries, real estate, private equity, and money markets are now being traded on the blockchain. Now, the institutions behind these tokenized assets need custody infrastructure that truly understands what that means. 

This is where institutional custody solutions for tokenized assets come in. Unlike standard crypto custody, tokenized asset custody has to satisfy securities laws, integrate with issuers and transfer agents, support on-chain settlement, and thrive under the intense regulatory scrutiny that comes with holding institutional capital. 

The consequences of getting it wrong here are beyond losing assets. There could be regulatory actions, investor lawsuits, and the possibility of bankruptcy. That’s why we’ve reviewed 8 of the best institutional custody solutions for tokenized assets. We evaluated them on security architecture, tokenized asset support, and regulatory status. At the end of this guide, institutions will know which platform suits their market needs.

Best Institutional Crypto Custody Providers – Quick Comparison

PlatformBest ForSupported AssetsTokenized Asset Support Security ModelInsurance Coverage Regulatory StatusRating
Coinbase Custody
1. Coinbase CustodyRead More
Regulated US compliance NFTs, BTC, ETH, and 470+ othersTokenize treasuries and RWAsCold, MPC, SOC 2$320 million crime policy ChainSecurity and Guardian 4.8
Anchorage Digital
2. Anchorage Digital Read More
Federal bank custodyBTC, ETH, multi-chainTokenized securities/stakingMPC, TEE, policy workflowsEnterprise-negotiatedOCC Charter 4.7
BitGo
3. BitGoRead More
MPC/multi-chain1500+ assetsRWAs, funds, bonds Multi-sig, MPC, HSMUp to $250 millionNYDFS, OCC, Bafin 4.7
Fireblocks
4. Fireblocks Read More
MPC transfer1,200+ assetsTokenized securities, RWAsMPC-CMP, SGX, SOC 2Partner-negotiatedNYDFs, multi-jurisdictions 4.6
Fidelity Digital Assets
5. Fidelity Digital AssetsRead More
TradFi investorsBTC, ETH, and select assetsTokenized treasuries and funds Cold, HSM, MPC, SOC 2Not publicly disclosed NY trust, FCA 4.7
Komainu
6. KomainuRead More
EMEA, multi-jurisdictionsBTC, ETH, and altcoinsFunds, bonds, RWAsMPC, HSM, zero-trust Not publicly disclosedJFSC, VARA, FCA 4.5
Zodia Custody
7. Zodia CustodyRead More
Bank-affiliated EMEABTC, ETH, and othersRWAs, bonds, fundsAir-gapped, MPCInstitutional negotiatedFCA, MAS, ADGM
4.4
Copper
8. CopperRead More
Off-exchange settlement BTC, ETH, institutional Tokenized MMFsMPC, ClearLoop, SOC 2Enterprise negotiatedFSRA, FCA 4.3

Top Institutional Crypto Custody Solutions - Detailed Reviews

We reviewed over 25 institutional custody platforms and narrowed our list to the top 8 based on the CoinGape review methodology, which evaluates core factors like security architecture, regulatory standing, tokenized support, insurance coverage, and real institutional fit. These aren’t the biggest or most popular names. Instead, they are the ones that actually hold up when institutions put serious capital behind them.

1. Coinbase Custody

Best for regulated US institutional custody with strong compliance

4.8

Coinbase Custody has spent 12+ years building its key management and cold storage technology in-house. As a New York state-chartered trust company and Qualified Custodian under NY banking law, Coinbase Custody is a well-known custody provider that is regulatory compliant and suitable for US asset managers, ETFs, and institutional funds. Coinbase Custody web

Coinbase doesn’t only offer compliance, it also excels at security. It stands out for its Vault storage model. This system combines physical security, consensus computation, and strict process controls. At the end, it gives institutions something more defensible than standard cold storage. Plus, there’s also the Prime On-chain Wallet integration, which means clients can interact with smart contracts and DeFi without pulling assets out of custody. 

Key Parameters Details 
Fees 50 bps annualized. Implementation fee applies 
Supported Assets Crypto and tokenized securities 
Security Model Coinbae Vault, MPC, SOC 2
Regulatory Status NYDSF qualified custodian 
Institutional Clients Asset managers, ETF issuers, hedge funds, crypto native funds
Custody Architecture  Segregated cold storage, multi-user account controls, 
Insurance Coverage Yes
Compliance and Audit  SOC 1 and SOC 2 (Deloitte) 
KYC/AML Institutional grade

Pros and Cons

  • The 50bps custody fee with a flat $500k minimum offers transparent pricing for institutional clients.
  • Prime integration eliminates the need for fragmentation.
  • Mature governance and staking services without moving assets.
  • The $500k minimum balance locks out smaller institutions.
  • Asset coverage favors mostly established tokens.

2. Anchorage Digital

Best for federally regulated institutional crypto custody under US banking oversight

4.7

The US has only one federally chartered crypto bank and that’s Anchorage Digital. It’s not marketing, but pure facts. Since receiving its OCC national trust charter in 2021, Anchorage has built the kind of regulatory infrastructure that most institutional crypto custodians are still trying to catch up to. It’s not just about compliance though.

Anchorage processes 90% of transactions in under 20 minutes, which, for institutional custody, is genuinely fast. The biometric voice and video authorization layer also addresses something most custodian ignore: human error is often the biggest attack vector, and not the tech. 

Anchorage currently has an impressive momentum. Tether made a strategic equity investment in Anchorage Digital in early 2026. This put a $4.2 billion valuation on the company, which I think is a strong show of institutional confidence. Plus, Anchorage has a custody relationship with BlackRock, which covers spot crypto ETPs with over $50 billion in AUM. This alone puts it in a different tier from most crypto custody providers. Read our coverage of BlackRock tapping Anchorage for custody

Key Parameters Details 
Fees Not publicly disclosed (Enterprise-negotiated)
Supported Assets Cryptocurrencies
Security Model MPC, TEE, biometric authentication 
Regulatory Status OCC-chartered qualified custodian 
Institutional Clients Funds, banks, asset managers
Custody Architecture  Segregated keys with policy engine 
Insurance Coverage Yes
Compliance and Audit  SOC 1 and SOC 2 Type 2
KYC/AML Bank-grade compliance 

Pros and Cons

  • Strong regulatory confidence as the only OCC-chartered crypto bank
  • Offers fast, policy-driven transaction flows with biometric approvals, which keep operational risks low, and speed up.
  • Framework makes it a strong fit for tokenized securities and regulatory RWAs.
  • Pricing is unclear, making it difficult for clients to self-qualify before entering a sales process
  • Limited asset breadth compared to exchange-based custodians.
BitGo-(1)

3. BitGo

Best for MPC-based multi-chain custody and scalable institutional infrastructure

4.7

BitGo has been offering institutional custody services since 2013, long before most of the platforms on this list even existed. BitGo invented multi-signature wallet technology, has processed over $3 trillion in lifetime transactions, and has never experienced a single loss due to hacking. That track record matters a lot when you’re an institution deciding who holds your assets. BitGo web (1)

BitGo covers more tokenized assets than most custodians on this list, around 1,500 assets across 60+ chains. BitGo integrates directly with issuers like Ark21Shares, HashDex, and Valkyrie. With BitGo, institutions can custody tokenized securities, funds, and RWAs while integrating staking, lending, and trading workflows. BitGo has a conditional OCC national bank charter in hand. With that, it is quickly closing the regulatory gap with Anchorage. See how the SEC’s custody guidance directly names BitGo as a qualified custodian. 

Key Parameters Details 
Fees AUC-tiered (20-25 bps avg USD balance), withdrawal fees per contract
Supported Assets Crypto, RWAs, bonds, 
Security Model Multi-sig + MPC hybrid, 100% cold storage, 
Regulatory Status NYDSF Trust, OCC conditional, BaFin, MAS
Institutional Clients Asset managers, banks, ETFs, funds
Custody Architecture  Segregated cold wallets with policy controls 
Insurance Coverage Yes. Up to $250 crime policy 
Compliance and Audit  SOC 1 and SOC 2
KYC/AML Institutional-grade verification 

Pros and Cons

  • Supports both crypto and tokenized assets
  • Strong MPC + multi-sig security with disaster recovery keys
  • Global compliance coverage, ideal for institutional clients
  • The fee structure may be complex for smaller institutions
Fireblocks-logo

4. Fireblocks

Best for MPC-based custody infrastructure with secure digital assets operations at scale

4.6

Fireblock is not just a digital assets custodian. Think of it as more of an infrastructure layer that a lot of the crypto world runs on. Over $10 trillion in total digital asset transfers have moved through Fireblocks, and more than 2,400 organizations rely on the platform include banks, neobanks, ETF issuers, and prime brokers. What makes Fireblock really different from most crypto custodians is that it combines MPC-based security with a granular policy engine that lets institutions define exactly who can move what, when, and how. Fireblocks web

Fireblocks Trust Company, its NYDFS-chartered qualified custody arm, was launched in 2024 and has already brought on heavy clients like Galaxy, FalconX, Bakkt, and Castle Island. Fireblock helps institutions manage tokenized securities, RWA, and traditional finance. Chainlink and Fireblocks are currently helping banks issue stablecoins, which shows how deeply important Fireblock is to institutions.

Key Parameters Details 
Fees Custom, starting at $18,000 per year. Essential plans are $699 per month. 
Supported Assets Crypto, stablecoins, tokenized RWA, securities.
Security Model MPC-CMP, SGX, SOC 2, multi-layered security 
Regulatory Status NYDFS-qualified custodian, multi-jurisdiction coverage 
Institutional Clients Banks, asset managers, ETFs, VCs, treasuries 
Custody Architecture  Segregated keys, policy engine, hot/warm/cold wallets
Insurance Coverage Not disclosed
Compliance and Audit  SOC Type 2
KYC/AML Bank-grade institutional compliance 

Pros and Cons

  • Highly scalable for institutional treasuries and tokenization projects
  • Flexible wallet policies
  • Supports staking, DeFi, and cross-platform integrations
  • Custom pricing may be complex for smaller institutional clients
  • Many advanced features require enterprise plan add-ons
Fidelity-Digital-Assets-logo

5. Fidelity Digital Assets

Best for traditional institutional investors entering tokenized assets custody

4.7

Fidelity Digital Assets is one of the top tokenized assets custody solutions for investment advisors, pension funds, and family offices interested in digital assets custody. Fidelity has been building an infrastructure for tokenized assets custody since 2014, meaning its whole operations reflect TradFi DNA.

In terms of security, Fidelity has both SOC 1 and SOC 2 Type II audits by a Big Four firm. It uses cold-vault storage, with 24/7 on-site security, multi-person and multi-organization access controls for advanced protection. They also launched FIDD, its own stablecoin built on Ethreum. This move shows that Fidelity’s ambition in tokeinized assets is beyond providing custody. 

Key Parameters Details 
Fees Enterprise-negotiated
Supported Assets Crypto, FIDD
Security Model Cold storage, HSM, multi-tier approvals, SOC 2
Regulatory Status NY Trust Company, OCC national charter, FCA registered
Institutional Clients Asset managers, banks, pensions, and hedge funds
Custody Architecture  Multi-site cold vaults, Segregated accounts 
Insurance Coverage Not publicly disclosed 
Compliance and Audit  SOC 1 Type II, SOC 2 Type II
KYC/AML Federal bank-level compliance 

Pros and Cons

  • Offers a strong infrastructure for TradFi seeking regulated crypto custody
  • Offers trade execution without moving assets from cold storage
  • Strong compliance presence with FCA registration, OCC, and SOC audits
  • Offers a narrower asset coverage than most rival platforms
  • Tokenized assets support lacks in comparison to RWA-focused platforms
Komainu-logo

6. Komainu

Best for Multi-jurisdictional institutional crypto custody with on-chain segregation

4.5

Komainu is built from scratch for tokenized asset custody. It offers a bank-grade RWA custody specifically for financial institutions like banks operating across regulated markets. Komainu has a custody model for tokenized RWAs that focuses more on segregated, on-chain wallets that keep client assets off-balance sheet and bankruptcy-remote.Komainu web

The crypto custody provider uses a strong combination of MPC and HSM architectures to support crypto and tokenized assets such as funds, bonds, and RWAs, while offering on-chain visibility, strong governance controls, and regulatory oversight in multiple jurisdictions. 

Key Parameters Details 
Fees Enterprise negotiated
Supported Assets 6,000+ tokens across 40 blockchains 
Security Model MPC, HSM, zero-trust architecture 
Regulatory Status JFSC, VARA, FCA
Institutional Clients Asset managers, banks, funds
Custody Architecture  Segregated, on-chain, bankruptcy-remote 
Insurance Coverage Enterprise-level protection 
Compliance and Audit  Institutional controls 
KYC/AML Institutional grade compliance 

Pros and Cons

  • Offers true on-chain segregation with strong bankruptcy protection
  • Designed for TradFi governance and regulatory expectations
  • Supports staking and liquidity access without leaving custody
  • Limited US appeal
Zodia-Custody-logo

7. Zodia Custody

Best for Bank-affiliated institutional custody across EMEA and global markets

4.4

Zodia Custody is what you get when banking giants decide to build a custody solution that understands the needs of financial institutions. The platform is backed by Standard Chartered, Northern Trust, SBI Holdings, National Australia Bank, and Emirates NBD, which means it has institutional credibility that most crypto-native platforms spend years building. Zodia Custody web

Zodia was FCA-registered from the start and has strong regulatory coverage in Europe, the Middle East, and Asia. It is one of the best crypto custody providers for financial institutions. Zodia’s air-gapped storage solutions with 24/7 instant withdrawal are a rare combination. Most cold storage solutions trade speed for security. Zodia built both. It also supports crypto and tokenized assets, including bonds, funds, and RWAs, while enabling trading, staking directly rom custody. 

Key Parameters Details 
Fees Volume-based and client-negotiated
Supported Assets Crypto, bonds, RWAs
Security Model Air-gapped HSM cold storage, client policies 
Regulatory Status ADGM, FCA, MAS, 
Institutional Clients Banks, corporate treasuries, digital asset managers 
Custody Architecture  Fully segregated, bankruptcy-remote, 24/7  instant access
Insurance Coverage Digital assets crime and cyber insurance program 
Compliance and Audit  SOC 1 Type II, SOC 2 Type I
KYC/AML Financial crimes controls

Pros and Cons

  • Air-gapped cold storage with 24/7 instant withdrawals
  • Strong bank-backed governance and regulatory credibility
  • Offers integrated trading and staking without custody risk
  • Less US-centric compared to American custodians
  • Pricing transparency requires direct engagement

8. Copper

Best for Off-exchange settlement and institutional tokenized MMF custody

4.3

Copper is one of those crypto custody providers that doesn’t always get the headlines, but is behind a lot of institutional crypto activities. Its ClearLoop off-exchange settlement is what truly makes Copper different. It allows institutions trade across 50+ exchanges without needing to take funds away from custody. There’s no prefunding or counterparty exposure, which is really impressive.Copper web

Copper is best used by hedge funds, trading firms, ETP issuers, and foundations. Security on this platform is also impressive. Copper eliminates a single point of failure by splitting wallet control into three shards (Client, Copper, Trusted Third-Party) and uses a 2-of-3 signing quorum. Copper also supports hot, cold, and warm vaults or flexibility.

Key Parameters Details 
Fees Institutional-negotiated
Supported Assets Tokenized MMFs
Security Model 3-entity MPC, 2-of-3 quorum, policy engine 
Regulatory Status FSRA, FCA, multi-jurisdictional compliance 
Institutional Clients Hedge funds, ETPs, trading firms, foundations 
Custody Architecture  Segregated, on-chain wallets, cold, warm, and hot vaults, and flexibility 
Insurance Coverage Yes. ( $500 million specie + crypto crime policies via AON/Lloyd’s)
Compliance and Audit  Policy engine for governance 
KYC/AML Role-based controls 

Pros and Cons

  • Strong MPC setup eliminates private key risk
  • Supports staking and DeFi directly from custody
  • Offers a robust institutional insurance coverage
  • Limited regulatory footprint in the US
  • 3-entity control could be more complex compared to simple multi-sig institutional crypto custodians.

Why Institutional Custody is Essential for Tokenized Assets?

Safety is a priority in the digital assets market. But the truth is that tokenized assets are only as safe as the infrastructure holding them. Here are a couple of reasons why institutional crypto custody is a must for institutional players: 

  1. Ownership Protection and Private Key Security

Private keys are the main assets when it comes to digital assets. Losing your private keys means losing your asset. Institutional custody solutions help with this. For example, MPC custody shares key control across several parties. This system eliminates a single point of failure, as we see with self-custody. 

  1. Regulatory and Fiduciary Compliance Requirements

Compliance is a serious demand in this tokenized asset market. Risking it means the possibility of lawsuits and even shutdowns. Qualified custodians handle all those headaches for their clients. They meet regulatory demand across key jurisdictions to offer protection to investors. 

  1. Institutional Risk Management and Asset Segregation

Institutional custody is set in a way that a client’s asset is protected if the custodian becomes insolvent. For example, compliance demands that assets are held in segregated, insolvency-remote structures. 

  1. Integration with Tokenization Platforms and Asset Segregation 

Tokenized securities and RWAs require custody systems that integrate with issuers, transfer agents, trading venues, and compliance tooling. 

How We Reviewed Leading Institutional Custody Solution Providers?

We reviewed over 25+ institutional crypto custodians and narrowed the list to 8 based on the CoinGape review methodology. We assessed each platform across seven core criteria: 

  • Security architecture (MPC, HSM, cold storage model), 
  • Regulatory standing and qualified custodian status. 

We also looked at:

  • Tokenized asset support 
  • Insurance coverage 
  • Custody architecture 
  • Asset segregation
  • Institutional client base and fee transparency. 

We only included platforms that have an active institutional client base.

Regulatory Framework for Institutional Crypto Custody

Different rules apply for crypto custody across different jurisdictions. You need to understand what applies in core markets like the US and the EU to stay safe. Here’s what you need to know about regulatory requirements across different regions: 

United States – The SEC runs the show for tokenized assets in the United States. Under its rules, RIAs can’t pick just any custody provider. That provider has to be a regulated entity like a national bank, state trust, or OCC-chartered institution. There are also reporting standards to comply with. 

Europe and Global Custody Regulations – MiCA is the rulebook for the EU. It covers everything from digital assets to custodians. However, the Uk has its own rulebook. It sits outside MiCA entirely. The FCA has its own processes. Platforms like Zodia hold both licenses, which is what you need if your work spans both the UK and the EU. 

Compliance Requirements for Tokenized Asset Custody – Tokenized securities don’t get a lighter touch because they stay on the blockchain. Once an asset is classified as a security, and in most jurisdictions most tokenized assets are, they come under the same laws as traditional assets like stock.

Institutional Custody vs Self-Custody: Key Differences

Most people are caught in between deciding between self-custody and institutional custody. Now, both have their pros and cons, which you must know to fully decide what works best for you: 

Feature Institutional Custody Self-Custody 
Security Uses a professional standard (MPC, HSM, SOC audits, cold storage)  Individual bears the responsibility of security. 
Compliance  Custodians are regulated, qualified, and follow KUC/AML rules There’s no regulation framework. It’s all about the individual.
Risk  Risk here is lower. As funds are segregated. Some platforms offer insurance as well. Higher. The user could lose everything if the key is compromised.
Insurance This varies by provider. Some platforms have insurance up to $500 million  None. The user bears this responsibility by default. 
Governance  There’s no single point of failure as the system ensures multi-user controls and approval workflows.  The user is the single point of control. Once compromised, funds are atrisk. 
Regulatory Fit Custodians must satisfy regulatory demands to operate.  The user does not follow any regulatory custody requirement. It is self-handled. 
Asset Recovery  Recovery is possible through backup keys and custodian processes.  No recovery if keys are lost.  rana sk o [iwqdi

Conclusion

Institutional crypto custody is the foundation that makes it possible for institutional clients to participate in the digital assets market. Every tokenized bond, treasury, fund, and RWA that moves on-chain needs a regulated, secure, and compliant custodian behind it. Here’s how to decide the best fit: 

  • Best for regulated US institutions: Coinbase Custody and Fidelity Digital Assets both hold OCC national bank charters and satisfy SEC qualified custodian requirements. Both offer really clean compliance structures for US-based asset managers and investment advisers. 
  • Best for tokenized assets: Fireblocks and Komainu lead here. Fireblocks has one of the deepest tokenization infrastructure integrations with Canton Network, Chainlink, and Figment. Likewise, Komainu is one of the largest custodian for BlackRock’s BUIDL fund, and it’s roles in accepting tokenized MMFs as collateral makes it a strong option for tokenized asset custody. 
  • Best for banks and asset managers: I recommend Anchorage Digital here. It holds the only OCC federal bank charter in crypto, serves BlackRock and PayPal, and also combines fiat and crypto custody on a single platform. This is exactly what banks and large asset managers need. For EMEA-based banking institutions, I recommend Zodia Custody. 
  • Best for tokenization platforms: BitGo is the best custody provider for this category. It covers over 1,550+ assets and has deep integration with ETF issuers, RWA protocols, and settlement infrastructure. This makes it one of the most versatile custody platforms for clients building tokenized products at a large scale. 

The bottom line: Secure infrastructure, regulatory compliance, and institutional-grade custody are important for the future of tokenized assets and global capital markets.

Frequently Asked Questions

1. Who are the largest crypto custody providers?

The largest custodians are platforms that serve banks, asset managers, and hedge funds with regulated, insured custody infrastructure like Coinbase Custody, BitGo, and Fidelity Digital Assets.

2. What is a qualified crypto custodian?

A qualified custodian is a regulated entity that’s authorized to hold clients’ assets on behalf of institutions under securities and investment laws. 

3. Are institutional crypto custodians regulated?

Yes, most institutional crypto custodians operate under financial regulators and must meet strict compliance and audit requirements. 

4. How do custody providers secure tokenized assets?

They use MPC, HSM, asset segregation, and policy controls to protect tokenized assets. 

5. What custody solutions do asset managers use?

Asset managers rely on institutional crypto custody solutions that support compliance, reporting, trading, and tokenized asset workflows. 

6. Are crypto custody providers insured?

Yes, most top crypto custody solutions maintain crime and cyber insurance policies to cover certain specific risks.

7. Which custody providers support tokenized securities?

Anchorage Digital, Fireblocks Trust, Copper, and Zodia Custody all support tokenized securities and RWAs.

8. What is the safest crypto custody solution?

It depends on the threat model. Anchorage and Fidelity offer stronger regulatory safety. Fireblock offers purer security infrastructure.

About Author
About Author
Lawrence Mike is a cryptocurrency analyst, writer, and storyteller with over 4 years of experience in blockchain and crypto markets. He has written more than 3,000 articles and scripts, covering news, SEO content, market insights, technical analysis, and alpha-generating strategies. Lawrence has contributed to Altcoin Buzz, Punch Newspapers, and BitcoinWisdom, and collaborated with leading exchanges like Binance and BYDFi. Holding a Master’s in Corporate Communications from Rome Business School, he specializes in breaking down complex crypto topics into clear, actionable insights for readers and traders alike.
Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.