Fireblocks vs Gemini Custody

Fireblocks4.3/5

VS

Gemini Custody3.8/5

Feature	FireblocksVisit	Gemini CustodyVisit
Ratings
Our score	4.3/5	3.8/5
User rating	No reviews yet	No reviews yet
Security	4.0	4.0
Compliance	4.0	4.0
Asset support	5.0	3.0
Features	4.5	4.0
Support	4.0	3.5
Specs
Custody model	Qualified custodian, MPC, HSM, Self-custody software	Qualified custodian, MPC, Multi-sig, HSM
Clients	Institutions, Funds, Corporates	Institutions, Funds, Corporates, High-net-worth
Regulated	Yes	Yes
SOC 2 report	Yes	Yes
Staking	Yes	Yes
API access	Yes	Yes
Licenses & charters	NYDFS limited purpose trust charter (US), FinCEN MSB registration (US), State money transmitter licenses in 37 states and DC (US)	NYDFS limited purpose trust charter (US), Nevada foreign independent trust company license (US), State money transmitter licenses (US), MAS Major Payment Institution license (Singapore)
MPC	Yes	Yes
Cold storage	Yes	Yes
Qualified custodian	Yes	Yes
Company
Founded	—	2014
Headquarters	United States	US
Investors	D1 Capital Partners, Spark Capital	Not disclosed
Strengths and weaknesses
Pros	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	Gemini Trust Company is a New York limited purpose trust company and qualified custodian under New York Banking Law Deloitte SOC 1 Type 2 and SOC 2 Type 2 examinations every year since 2019, plus ISO/IEC 27001:2022 Posted fees: 0.40% a year or $30 per asset per month, no minimum balance and no setup fee Opt-in SOL staking from segregated cold storage wallets with a validator of the client's choice
Cons	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	Insurance totals $125 million, dated March 1, 2024, with $25 million for the hot wallet Q2 2026 custodial fee revenue fell to $0.6 million amid institutional custody net outflows UK, EU and Australian operations were wound down in 2026
Best for	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	US ETF issuers and asset managers that need a New York trust company custodian, Corporate treasuries and high-net-worth clients staking SOL from cold storage, Funds whose auditors ask for SOC 1 Type 2 and SOC 2 Type 2 reports

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