BitGo vs Tangany

BitGo4.5/5

VS

Tangany3.7/5

Feature	BitGoVisit	TanganyVisit
Ratings
Our score	4.5/5	3.7/5
User rating	No reviews yet	No reviews yet
Security	4.5	3.5
Compliance	4.5	4.0
Asset support	4.5	4.0
Features	4.5	3.5
Support	4.5	3.5
Specs
KYC required	Yes	Yes
Custody model	Qualified custodian, Multi-sig, MPC, HSM, Self-custody software	Qualified custodian, MPC, HSM
Clients	Institutions, Funds, Corporates, High-net-worth, Retail	Institutions, Funds, Corporates, Retail
Regulated	Yes	Yes
SOC 2 report	Yes	Not disclosed
Insurance	Up to $250M for assets where BitGo Bank & Trust holds all keys (Lloyd's of London and European market syndicate)	Not disclosed
Assets supported	1,770	250
Staking	Yes	Yes
API access	Yes	Yes
Licenses & charters	OCC national trust bank charter (US), NYDFS limited purpose trust charter (US), FinCEN MSB registration and state MTLs (US), SEC broker-dealer registration (US), BaFin MiCA CASP authorization (Germany), VQF SRO membership under FINMA oversight (Switzerland), VARA custody license (Dubai, UAE), VARA broker-dealer license (Dubai, UAE), MAS Major Payment Institution license (Singapore), FINTRAC foreign MSB registration (Canada)	BaFin MiCA CASP authorization (Germany), BaFin qualified crypto custody license (Germany), BaFin PSD2 payment services license (Germany)
MPC	Yes	Yes
Cold storage	Yes	Not disclosed
Qualified custodian	Yes	Yes
Company
Founded	2013	—
Headquarters	United States	Germany
Investors	Valor Equity Partners, Redpoint Ventures, Public, Galaxy Digital +1	Not disclosed
Strengths and weaknesses
Pros	Up to $250M insurance from a Lloyd's and European market syndicate where BitGo holds all keys Qualified custody fully backed by cold storage, with over 95% of client assets held cold at the end of 2025 Licensed by the OCC, NYDFS, BaFin under MiCA, Dubai's VARA and Singapore's MAS Over 1,770 supported assets as of December 31, 2025	MiCA CASP authorization from BaFin since August 8, 2025, passported to every other EEA country Crypto custody license under the German Banking Act held since October 2021 Keys protected with HSM and MPC, backed by ISO 27001:2022 certification API-first platform with off-chain settlement and a sandbox on request
Cons	Material weaknesses in internal control over financial reporting disclosed in its FY2025 10-K Securities class action filed in June 2026, and the Galaxy Digital suit was awaiting a ruling as of August 2026 COO left in October 2026 and the CFO is transitioning out Insurance excludes hot wallets and setups where clients hold keys	No SOC 1 or SOC 2 report cited; ISO 27001:2022 is the listed certification No cold storage tier described; keys sit in a cloud-hosted HSM and MPC setup The FAQ says no fixed insurance limit can be guaranteed per customer
Best for	Funds and ETF issuers needing a long asset list and published insurance, Global firms that want licensed entities in the US, EU, Dubai and Singapore, Exchanges and fintechs building wallets on an API	Banks and brokers in the EEA adding white-label crypto custody, Neobrokers and fintechs that integrate custody through an API, Stablecoin issuers and tokenization projects needing a MiCA-authorized custodian

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