Anchorage Digital vs Utila

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

VS
Utila3.7/5
Feature
Ratings
Our score4.1/53.7/5
User ratingNo reviews yetNo reviews yet
Security4.04.0
Compliance4.02.5
Asset support4.04.0
Features4.54.5
Support4.04.0
Specs
Custody modelQualified custodian, HSM, Self-custody softwareMPC, Self-custody software
ClientsInstitutions, Funds, Corporates, High-net-worthInstitutions, Funds, Corporates
Regulated YesNot disclosed
SOC 2 report YesNot disclosed
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
Founded20172022
HeadquartersUnited States—
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
  • Published Starter plan at $799 per month with all chains included
  • Two-party MPC with offline recovery controlled by the client's administrator
  • 41 mainnets plus custom EVM networks
  • Utila Link counterparty network and licensed partners for MiCA and US coverage
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 license or charter of its own
  • Utila's key share takes part in every signature
  • SOC 2 Type II and audit claims are self-published
  • Short operating history since its 2022 founding
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-exchangeFintechs and PSPs running stablecoin payments, Trading firms that need automated MPC signing through an API, Stablecoin and token issuers managing 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.

More comparisons