Coinbase Prime vs Zodia Custody

Coinbase Prime4.1/5

VS

Zodia Custody3.8/5

Feature	Coinbase PrimeVisit	Zodia CustodyVisit
Ratings
Our score	4.1/5	3.8/5
User rating	No reviews yet	No reviews yet
Security	4.0	4.0
Compliance	4.0	4.0
Asset support	4.0	3.0
Features	4.5	4.0
Support	4.0	4.0
Specs
Custody model	Not disclosed	Qualified custodian, HSM
Clients	Not disclosed	Institutions, Funds, Corporates
Regulated	Yes	Yes
SOC 2 report	Yes	Yes
Insurance	Up to $320M commercial crime policy (insurer syndicate), shared by all Coinbase customers	$100M digital asset custody policy (no retention), plus $55M crime, $10M professional indemnity and $275M cyber cover
Staking	Yes	Yes
API access	Yes	Yes
Licenses & charters	NYDFS limited purpose trust charter (US), NYDFS BitLicense (US), CSSF MiCA CASP authorization (Luxembourg)	CSSF MiCA CASP authorization (Luxembourg), CSSF payment institution license (Luxembourg), FCA cryptoasset registration under MLRs (UK), ADGM FSRA Financial Services Permission (UAE), Companies Registry TCSP license (Hong Kong)
Cold storage	Yes	Yes
Qualified custodian	Yes	Not disclosed
Company
Founded	2012	2020
Headquarters	United States	United Kingdom
Investors	Not disclosed	Not disclosed
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	Shareholders include Standard Chartered, Northern Trust, SBI Holdings, NAB and Emirates NBD CSSF MiCA authorization since December 2025, plus a payment institution license for e-money tokens Published insurance limits, including a $100M custody policy with no retention and $275M cyber cover Interchange settlement with Deribit and LMAX Digital while assets stay in cold storage
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	Standard Chartered takeover still needs regulatory approval, and the software arm is splitting off UK entity holds only an FCA anti-money laundering registration, with no FOS or FSCS protection Listed SOC 2 report is Type I, not Type II Only 78 listed tokens and no public fee schedule
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	Asset managers and ETP issuers that need MiCA-authorized custody in the EU, Trading firms settling off-exchange with venues on Interchange, Banks and wealth managers that want a bank-backed 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.