Anchorage Digital vs Cobo

How Anchorage Digital vs Cobo compare on our ratings, custodian specs, funding, pros and cons.

VS
Cobo3.6/5
Feature
Ratings
Our score4.1/53.6/5
User ratingNo reviews yetNo reviews yet
Security4.03.5
Compliance4.02.5
Asset support4.04.5
Features4.54.5
Support4.03.5
Specs
KYC requiredNot disclosed Yes
Custody modelQualified custodian, HSM, Self-custody softwareMPC, HSM, Self-custody software
ClientsInstitutions, Funds, Corporates, High-net-worthInstitutions, Funds, Corporates
Regulated YesNot disclosed
SOC 2 report Yes Yes
Assets supportedNot disclosed3,000
Staking Yes Yes
API access Yes Yes
Licenses & chartersOCC national trust bank charter (US), NYDFS BitLicense (US), MAS Major Payment Institution license (Singapore), NFA introducing broker registration (US)Not disclosed
MPCNot disclosed Yes
Cold storage Yes Yes
Qualified custodian YesNot disclosed
Company
Founded20172017
HeadquartersUnited StatesSingapore
InvestorsTether, KKR, GICNot disclosed
Strengths and weaknesses
Pros
  • Custody at an OCC-chartered national trust bank, in place since January 2021
  • SOC 1 Type 2 and SOC 2 Type 2 reports, with SOC 2 examinations since 2021
  • Staking and governance voting on 20+ networks without assets leaving custody
  • Atlas settlement supports off-exchange trading on Binance from custody
  • Published Starter and Standard plans at $299 and $999 a month, with no cap on assets under custody
  • More than 3,000 tokens across 80+ chains through one WaaS 2.0 API
  • Custodial keys protected by HSMs and Intel SGX, with about 95% of funds in cold wallets
  • MPC wallets in which no single party, Cobo included, holds a complete key
Cons
  • No insurance policy for digital assets appears in its custody disclosures
  • OCC consent order over BSA/AML deficiencies ran from April 2022 to August 2025
  • No EU authorization yet; the Irish MiCA application was announced in October 2026
  • The custody license Cobo cites is a Hong Kong TCSP license; Singapore and Middle East licensing was still in progress in November 2025
  • Custodial wallets and 24/7 support require the custom-priced Enterprise plan
  • Custodial wallets cover fewer assets, 70+ chains and 2,000+ tokens, than the headline figures
Best forETF issuers and asset managers that want a federally chartered custodian, Funds that stake or vote without moving assets out of custody, Trading firms using Binance with collateral held off-exchangeExchanges and brokers that need custodial and MPC wallets behind one API, Payment and fintech companies building wallets for their own customers, Trading firms that want off-exchange settlement through SuperLoop

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