Anchorage Digital vs Hex Trust

Anchorage Digital4.1/5

VS

Hex Trust4.0/5

Feature	Anchorage DigitalVisit	Hex TrustVisit
Ratings
Our score	4.1/5	4.0/5
User rating	No reviews yet	No reviews yet
Security	4.0	3.5
Compliance	4.0	4.0
Asset support	4.0	4.5
Features	4.5	4.5
Support	4.0	4.0
Specs
Custody model	Qualified custodian, HSM, Self-custody software	Qualified custodian, HSM
Clients	Institutions, Funds, Corporates, High-net-worth	Not disclosed
Regulated	Yes	Yes
SOC 2 report	Yes	Yes
Insurance	Not disclosed	Up to $25M in aggregate across all clients (custodian fraud, physical loss of private keys)
Assets supported	Not disclosed	501
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)	MAS Major Payment Institution license (Singapore), VARA VASP license, custody (Dubai, UAE), VARA VASP license, broker-dealer (Dubai, UAE), Trustee Ordinance trust company registration (Hong Kong), Companies Registry TCSP license (Hong Kong)
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	501 assets across 31 blockchains on Hex Safe SOC 2 Type II and SOC 1 Type II reports, plus CSA STAR Level 2 MAS Major Payment Institution license and two active VARA licenses FIPS 140-3 Level 3 HSMs in air-gapped vaults behind data diodes
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 capped at $25 million in aggregate across all clients No EU license listed on the current Trust Center Newest listed SOC report dates from December 2023
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	Token foundations that want custody, staking and DeFi access from one provider, Institutions in Asia and the Gulf that need MAS- or VARA-licensed custody, High-net-worth clients of the Aura wealth platform

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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