Anchorage Digital vs Safeheron

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

Feature
Ratings
Our score4.1/53.3/5
User ratingNo reviews yetNo reviews yet
Security4.04.0
Compliance4.02.5
Asset support4.03.5
Features4.53.5
Support4.03.0
Specs
KYC requiredNot disclosed Yes
Custody modelQualified custodian, HSM, Self-custody softwareMPC, Self-custody software
ClientsInstitutions, Funds, Corporates, High-net-worthInstitutions, Funds, Corporates
Regulated YesNot disclosed
SOC 2 report Yes Yes
Staking YesNot disclosed
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
Founded2017—
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
  • Client always holds one of three key shards, and Safeheron never holds a full key
  • SOC 2 Type II by a Big Four firm, renewed May 2026, plus ISO 27001:2022 audited by DNV
  • Public pricing, with a Starter plan at $5,750 a year
  • Open-source MPC libraries and an offline key recovery tool
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
  • No financial license, so it cannot act as a regulated or qualified custodian
  • Routine signing depends on Safeheron's two cloud-hosted shards being online
  • Starter plan caps teams at two and users at three, with 8x5 support
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 payment service providers running hot wallets, OTC desks and brokers that want to keep control of their keys, Funds and asset managers needing MPC treasury wallets

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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