Fireblocks vs Taurus

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

VS
Taurus4.0/5
Feature
Ratings
Our score4.3/54.0/5
User ratingNo reviews yetNo reviews yet
Security4.04.0
Compliance4.03.5
Asset support5.04.0
Features4.54.5
Support4.04.0
Specs
Custody modelQualified custodian, MPC, HSM, Self-custody softwareHSM, MPC, Self-custody software
ClientsInstitutions, Funds, CorporatesInstitutions, Corporates
Regulated Yes Yes
SOC 2 report YesNot disclosed
Staking Yes Yes
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)FINMA securities firm license (Switzerland), CySEC MiFID investment firm license (Cyprus)
MPC Yes Yes
Cold storage Yes Yes
Qualified custodian YesNot disclosed
Company
Founded—2018
HeadquartersUnited StatesSwitzerland
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 banks keep keys in FIPS 140-2 Level 3 HSMs they own and operate
  • Fully on-premises, hybrid or managed deployment
  • Deloitte ISAE 3402 Type II audit for a fourth straight year (May 2025) plus ISO/IEC 27001
  • Clients can review the source code, and Taurus commissions at least 10 external security tests a year
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
  • PROTECT clients act as their own custodian and carry key operations and regulatory duties
  • MiCA license still pending, and the CySEC license dates only from March 2026
  • Security page lists no SOC 2 report
  • Taurus SA holds a securities firm license rather than a bank license
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 walletsBanks building in-house crypto custody, Broker-dealers and neobanks adding digital assets, Market infrastructure firms issuing tokenized securities

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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