Fireblocks vs Prometheum Capital

How Fireblocks vs Prometheum Capital compare on our ratings, custodian specs, funding, pros and cons.

Feature
Ratings
Our score4.3/52.8/5
User ratingNo reviews yetNo reviews yet
Security4.02.5
Compliance4.03.5
Asset support5.01.5
Features4.53.5
Support4.03.0
Specs
KYC requiredNot disclosed Yes
Custody modelQualified custodian, MPC, HSM, Self-custody softwareQualified custodian
ClientsInstitutions, Funds, CorporatesNot disclosed
Regulated Yes Yes
SOC 2 report YesNot disclosed
Staking YesNot disclosed
API access YesNot disclosed
Licenses & chartersNYDFS limited purpose trust charter (US), FinCEN MSB registration (US), State money transmitter licenses in 37 states and DC (US)SEC/FINRA special purpose broker-dealer (US), SEC/FINRA broker-dealer operating an ATS (US), SEC/FINRA issuance broker-dealer (US), SEC transfer agent registration (US)
MPC YesNot disclosed
Cold storage YesNot disclosed
Qualified custodian Yes Yes
Company
Founded—2017
HeadquartersUnited StatesUnited States
InvestorsD1 Capital Partners, Spark CapitalNot 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
  • Crypto custody inside an SEC-registered, FINRA member broker-dealer under Rule 15c3-3
  • Correspondent clearing lets broker-dealers hold ETH in ordinary brokerage accounts
  • Group includes an issuance broker-dealer, an ATS and an SEC-registered transfer agent
  • No BrokerCheck disclosures for Prometheum Capital or Prometheum ATS
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
  • Narrow crypto coverage, with ETH the only token named in 2026 releases
  • Assets are not SIPC or FDIC insured, per company disclosures
  • Custody technology is described only in general terms
  • A 2023 congressional letter questioned past ties to Wanxiang and HashKey
Best forExchanges and payment companies building in-house custody, Funds and RIAs that need a New York qualified custodian, Fintechs launching embedded or white-label walletsUS introducing broker-dealers adding crypto to client brokerage accounts, Self-clearing broker-dealers that want omnibus crypto custody, Issuers planning tokenized funds or equities in the US

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