Fireblocks vs Safeheron

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

VS
Feature
Ratings
Our score4.3/53.3/5
User ratingNo reviews yetNo reviews yet
Security4.04.0
Compliance4.02.5
Asset support5.03.5
Features4.53.5
Support4.03.0
Specs
KYC requiredNot disclosed Yes
Custody modelQualified custodian, MPC, HSM, Self-custody softwareMPC, Self-custody software
ClientsInstitutions, Funds, CorporatesInstitutions, Funds, Corporates
Regulated YesNot disclosed
SOC 2 report Yes Yes
Staking YesNot disclosed
API access Yes Yes
Licenses & chartersNYDFS limited purpose trust charter (US), FinCEN MSB registration (US), State money transmitter licenses in 37 states and DC (US)Not disclosed
MPC Yes Yes
Cold storage YesNot disclosed
Qualified custodian Yes No
Company
Founded——
HeadquartersUnited StatesSingapore
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
  • Client always holds one of three key shards, and Safeheron never holds a full key
  • SOC 2 Type II by a Big Four firm, renewed May 2026, plus ISO 27001:2022 audited by DNV
  • Public pricing, with a Starter plan at $5,750 a year
  • Open-source MPC libraries and an offline key recovery tool
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
  • No financial license, so it cannot act as a regulated or qualified custodian
  • Routine signing depends on Safeheron's two cloud-hosted shards being online
  • Starter plan caps teams at two and users at three, with 8x5 support
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 walletsExchanges and payment service providers running hot wallets, OTC desks and brokers that want to keep control of their keys, Funds and asset managers needing MPC treasury 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.

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