Cactus Custody vs Fireblocks

How Cactus Custody vs Fireblocks compare on our ratings, custodian specs, funding, pros and cons.

VS
Feature
Ratings
Our score3.5/54.3/5
User ratingNo reviews yetNo reviews yet
Security3.54.0
Compliance3.04.0
Asset support3.05.0
Features4.04.5
Support4.04.0
Specs
Custody modelNot disclosedQualified custodian, MPC, HSM, Self-custody software
ClientsInstitutions, Funds, Corporates, High-net-worthInstitutions, Funds, Corporates
Regulated Yes Yes
SOC 2 report Yes Yes
InsuranceOneDegree policy covering the Hong Kong and Bhutan custody entities; Swiss entity cover planned (Sep 2026)Not disclosed
StakingNot disclosed Yes
API access Yes Yes
Licenses & chartersNot disclosedNYDFS limited purpose trust charter (US), FinCEN MSB registration (US), State money transmitter licenses in 37 states and DC (US)
MPC Yes Yes
Cold storage Yes Yes
Qualified custodianNot disclosed Yes
Company
Founded——
Headquarters—United States
InvestorsNot disclosedD1 Capital Partners, Spark Capital
Strengths and weaknesses
Pros
  • SOC 1 Type II and SOC 2 Type II reports, per BIT
  • Choice of full custody or MPC self-custody with Cactus's key share in an SGX enclave
  • Oasis off-exchange settlement with Bitget, Bybit and KuCoin
  • 98% of assets in air-gapped cold vaults in Switzerland, Hong Kong and Singapore, per BIT
  • Qualified custody through NYDFS-chartered Fireblocks Trust alongside self-custody software
  • Thousands of assets across more than 200 blockchains
  • SOC 2 Type 2 with zero material findings, plus ISO 27001 and CCSS QSP Level 3
  • Air-gapped MPC cold wallet and an HSM option (KeyLink) for banks
Cons
  • Licenses come from Hong Kong's TCSP regime, Bhutan's GFSO and Swiss self-regulation, with no SFC license or US trust charter
  • OneDegree insurance had not yet been extended to the Swiss entity at its September 2026 launch
  • Custody sits in the same group as BIT's OTC trading, lending and asset management businesses
  • Key-loss claims from StakeHound and the Celsius plan administrator
  • Licenses are US-only, with no MiCA or other non-US authorization listed
  • Custom plans start at $36,000 a year
Best forAsia-based funds and family offices that want custody linked to OTC and lending, Bitcoin miners sending mined BTC straight into custody, Trading firms settling off-exchange with Bitget, Bybit or KuCoinExchanges and payment companies building in-house custody, Funds and RIAs that need a New York qualified custodian, Fintechs launching embedded or white-label 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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