Fidelity Digital Assets vs Fireblocks

Fidelity Digital Assets3.5/5

VS

Fireblocks4.3/5

Feature	Fidelity Digital AssetsVisit	FireblocksVisit
Ratings
Our score	3.5/5	4.3/5
User rating	No reviews yet	No reviews yet
Security	4.0	4.0
Compliance	4.5	4.0
Asset support	2.0	5.0
Features	3.0	4.5
Support	3.5	4.0
Specs
Custody model	Qualified custodian	Qualified custodian, MPC, HSM, Self-custody software
Clients	Institutions, Funds, Corporates, High-net-worth, Retail	Institutions, Funds, Corporates
Regulated	Yes	Yes
SOC 2 report	Yes	Yes
Staking	Not disclosed	Yes
API access	Not disclosed	Yes
Licenses & charters	OCC national trust bank charter (US), FCA MLR cryptoasset registration (UK)	NYDFS limited purpose trust charter (US), FinCEN MSB registration (US), State money transmitter licenses in 37 states and DC (US)
MPC	Not disclosed	Yes
Cold storage	Yes	Yes
Qualified custodian	Not disclosed	Yes
Company
Founded	2018	—
Headquarters	United States	United States
Investors	Not disclosed	D1 Capital Partners, Spark Capital
Strengths and weaknesses
Pros	Custodian is a national trust bank subject to OCC supervision Annual SOC 1 Type II and SOC 2 Type II audits Targets more than 98% of assets in geographically distributed cold storage Trades execute without assets leaving cold storage, with off-exchange settlement for hedge funds	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	Custody and execution listed only for bitcoin, ether and SOL FBTC prospectus says custodian insurance benefits only the custodian Fidelity's own Solana ETF uses outside custodians to hold and stake SOL	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 for	RIAs and wealth managers adding bitcoin or ether to client portfolios, Pensions, endowments and corporate treasurers that require a bank-chartered custodian, Hedge funds that want off-exchange settlement while assets stay in cold storage	Exchanges 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.

More comparisons