Anchorage Digital vs Copper

Anchorage Digital4.1/5

VS

Copper3.5/5

Feature	Anchorage DigitalVisit	CopperVisit
Ratings
Our score	4.1/5	3.5/5
User rating	No reviews yet	No reviews yet
Security	4.0	4.0
Compliance	4.0	2.5
Asset support	4.0	4.0
Features	4.5	4.5
Support	4.0	3.0
Specs
Custody model	Qualified custodian, HSM, Self-custody software	Not disclosed
Clients	Institutions, Funds, Corporates, High-net-worth	Institutions, Funds
Regulated	Yes	Yes
SOC 2 report	Yes	Yes
Insurance	Not disclosed	$500M specie market insurance placed in the Lloyd's of London market via Aon, plus a crypto crime policy
Assets supported	Not disclosed	500
Staking	Yes	Yes
API access	Yes	Yes
Licenses & charters	OCC national trust bank charter (US), NYDFS BitLicense (US), MAS Major Payment Institution license (Singapore), NFA introducing broker registration (US)	SEC broker-dealer registration, FINRA member (US), VQF SRO financial intermediary registration (Switzerland)
MPC	Not disclosed	Yes
Cold storage	Yes	Yes
Qualified custodian	Yes	Not disclosed
Company
Founded	2017	2018
Headquarters	United States	—
Investors	Tether, KKR, GIC	Not 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	ClearLoop off-exchange settlement links custody to exchanges including OKX, Coinbase, Bybit and Deribit 2-of-3 MPC vaults with a third-party shard holder and segregated, off-balance-sheet wallets $500M of specie insurance placed at Lloyd's of London through Aon, plus a crypto crime policy Custody for 500+ assets on 40+ blockchains and staking on 20 networks
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	Swiss contracting entity holds a VQF registration but no FINMA license Liechtenstein registration waived and ADGM permissions withdrawn in September 2026 Company has sought a buyer since at least May 2026, and the CEO changed in September US qualified custody rests on a broker-dealer approved only in August 2026
Best for	ETF 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-exchange	Trading firms that keep collateral in custody while trading on centralized exchanges, Hedge funds running derivatives positions on Deribit, OKX or Bybit, Institutions staking across many proof-of-stake networks

Highlighted cells show the stronger value in each row. Data comes from each provider's site and public sources; check details before you sign up.

More comparisons