Anchorage Digital vs DFNS

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

VS
DFNS3.5/5
Feature
Ratings
Our score4.1/53.5/5
User ratingNo reviews yetNo reviews yet
Security4.04.0
Compliance4.02.5
Asset support4.04.0
Features4.54.0
Support4.03.5
Specs
Custody modelQualified custodian, HSM, Self-custody softwareMPC, HSM, Self-custody software
ClientsInstitutions, Funds, Corporates, High-net-worthInstitutions, Corporates
Regulated Yes No
SOC 2 report Yes Yes
InsuranceNot disclosed$15M per year cyber, E&O and crime cover for DFNS itself (Beazley, Munich Re); DFNS holds no client assets
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 YesNot disclosed
Qualified custodian Yes No
Company
Founded20172020
HeadquartersUnited StatesFrance
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
  • KPMG renewed its SOC 2 Type II report for 2024 with no exceptions noted
  • Named third-party pentests and audits every year since 2021
  • Keys can run on MPC, HSMs, TEEs or bring-your-own-key, hosted or on premises
  • Published pricing from $800 a year and a 30-day free testnet sandbox
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
  • Holds no license and takes no custody, so clients carry custody and regulatory duties
  • The $15 million insurance is corporate cyber, E&O and crime cover for DFNS itself
  • Marketing claims 100+ blockchains while the documentation names 59 networks
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-exchangeBanks and licensed custodians building in-house custody, Fintechs embedding wallets and stablecoin payments, Institutions that must keep keys in their own HSMs or data centers

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.

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