Coinbase Prime vs Crypto Finance

How Coinbase Prime vs Crypto Finance compare on our ratings, custodian specs, funding, pros and cons.

Feature	Coinbase Prime Visit	Crypto Finance Visit
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	4.5
Asset support	4.0	3.5
Features	4.5	4.5
Support	4.0	4.0
Specs
Custody model	Not disclosed	Qualified custodian, HSM, Self-custody software
Clients	Not disclosed	Institutions, Funds
Regulated	Yes	Yes
SOC 2 report	Yes	Not disclosed
Insurance	Up to $320M commercial crime policy (insurer syndicate), shared by all Coinbase customers	Not disclosed
Staking	Yes	Yes
API access	Yes	Yes
Licenses & charters	NYDFS limited purpose trust charter (US), NYDFS BitLicense (US), CSSF MiCA CASP authorization (Luxembourg)	FINMA securities firm license (Switzerland), BaFin crypto custody license (Germany), MiCA CASP authorization (Germany)
Cold storage	Yes	Not disclosed
Qualified custodian	Yes	Yes
Company
Founded	2012	2017
Headquarters	United States	Switzerland
Investors	Not disclosed	Deutsche Börse Group
Strengths and weaknesses
Pros	Custody at a NYDFS-chartered trust company that acts as a fiduciary under New York Banking Law SOC 1 Type 2 and SOC 2 Type 2 reports cover private key management controls Coinbase generally keeps no more than 2% of custodied assets in hot wallets REST, FIX and WebSocket APIs with TWAP and VWAP order types	Majority-owned by Deutsche Börse, with crypto custody available through existing Clearstream accounts FINMA securities firm in Zurich plus BaFin licenses and a MiCA authorization passported to 14 EEA countries FIPS 140-2 Level 3 HSMs hosted in geo-redundant Swiss data centers Staking for ETH, SOL, ADA and DOT alongside 24/7 principal trading
Cons	The $320 million crime policy is shared by every Coinbase customer $50 million NYDFS penalty in 2023 over anti-money laundering and KYC failures The May 2025 data theft incident led to $311.2 million in cash payments The OCC charter for Coinbase National Trust Company was a conditional approval in April 2026	Insurance is described only as coverage that follows market standards SOC 2 Type II claim covers the storage infrastructure, and SOC 1 is cited at Type 1 level Institutional client base only; individuals reach it through partner banks such as KBC
Best for	Hedge funds that want custody and execution in one account, ETF sponsors and asset managers that need a New York trust company as custodian, Trading desks that route orders over FIX	European banks adding crypto custody under FINMA or BaFin supervision, Clearstream clients that want crypto in existing accounts, ETP issuers that need a SIX-approved 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.