Anchorage Digital vs Gemini Custody

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

Feature
Ratings
Our score4.1/53.8/5
User ratingNo reviews yetNo reviews yet
Security4.04.0
Compliance4.04.0
Asset support4.03.0
Features4.54.0
Support4.03.5
Specs
Custody modelQualified custodian, HSM, Self-custody softwareQualified custodian, MPC, Multi-sig, HSM
ClientsInstitutions, Funds, Corporates, High-net-worthInstitutions, Funds, Corporates, High-net-worth
Regulated Yes Yes
SOC 2 report Yes Yes
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)NYDFS limited purpose trust charter (US), Nevada foreign independent trust company license (US), State money transmitter licenses (US), MAS Major Payment Institution license (Singapore)
MPCNot disclosed Yes
Cold storage Yes Yes
Qualified custodian Yes Yes
Company
Founded20172014
HeadquartersUnited StatesUS
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
  • Gemini Trust Company is a New York limited purpose trust company and qualified custodian under New York Banking Law
  • Deloitte SOC 1 Type 2 and SOC 2 Type 2 examinations every year since 2019, plus ISO/IEC 27001:2022
  • Posted fees: 0.40% a year or $30 per asset per month, no minimum balance and no setup fee
  • Opt-in SOL staking from segregated cold storage wallets with a validator of the client's choice
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
  • Insurance totals $125 million, dated March 1, 2024, with $25 million for the hot wallet
  • Q2 2026 custodial fee revenue fell to $0.6 million amid institutional custody net outflows
  • UK, EU and Australian operations were wound down in 2026
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-exchangeUS ETF issuers and asset managers that need a New York trust company custodian, Corporate treasuries and high-net-worth clients staking SOL from cold storage, Funds whose auditors ask for SOC 1 Type 2 and SOC 2 Type 2 reports

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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