Coinbase Prime vs Fideum

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

VS
Fideum2.3/5
Feature
Ratings
Our score4.1/52.3/5
User ratingNo reviews yetNo reviews yet
Security4.02.5
Compliance4.01.5
Asset support4.02.0
Features4.53.5
Support4.02.5
Specs
KYC requiredNot disclosed Yes
ClientsNot disclosedInstitutions, Funds, Corporates
Regulated YesNot disclosed
SOC 2 report YesNot disclosed
InsuranceUp to $320M commercial crime policy (insurer syndicate), shared by all Coinbase customersNot disclosed
Staking Yes Yes
API access Yes Yes
Licenses & chartersNYDFS limited purpose trust charter (US), NYDFS BitLicense (US), CSSF MiCA CASP authorization (Luxembourg)Not disclosed
Cold storage YesNot disclosed
Qualified custodian Yes No
Company
Founded2012—
HeadquartersUnited StatesUnited Kingdom
InvestorsNot disclosedValereum PLC
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
  • Custody software, trading APIs, staking and payment orchestration under one contract and API
  • June 2026 Terms spell out roles: Fideum licenses software and the client safeguards signing material
  • Website cites MPC custody, HSM-backed keys and offline cold wallets paired with warm wallets
  • KYC, KYB, AML screening and Travel Rule tools sit on the same platform
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
  • Website and Terms name no regulator, license type or registration number
  • Terms state Fideum is not a custodian of record, and the custodians it integrates are unnamed
  • Insurance and SOC controls are mentioned without a carrier, limit, report or auditor
  • No published list of supported assets or networks
Best forHedge 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 FIXFintechs and brokerages adding custody, trading and staking through one API, Banks and credit unions that already contract a licensed custodian and want key-management software, Payment firms settling in stablecoins and fiat across Fideum's 11 listed currencies

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.