BeInCrypto Institutional Research: 15 Digital Asset Custody Providers Behind Crypto Adoption

Digital asset custody is one of the core trust layers behind institutional crypto adoption. Best Custody Provider is an award category within The BeInCrypto Institutional 100, an annual research-driven program recognising institutional digital asset excellence across 26 categories and six pillars. This category sits in Pillar 2: Capital Markets & Infrastructure. The 15 firms below are its longlist. A shortlist will be named in May 2026, with the winner announced at Proof of Talk in Paris on June 2–3, 2026. Long list: 15 custody providers across federal charters, NYDFS trust companies, MPC platforms, bank-backed JVs, APAC custodians, and off-exchange settlement networks Initial pool: More than 30 qualified custodians and digital asset custody platforms screened; 15 advanced to the long list Scoring: 50% quantitative data · 50% Expert Council Criteria assessed: Qualified custodian status, assets under custody, institutional client base, audit posture, product depth, jurisdictional reach, settlement innovation, reputation Data sources: OCC, NYDFS, FCA, FINMA, BaFin, MAS, MiCA-CASP registers, Jersey FSC, audited filings, company disclosures, PitchBook, Tracxn, and Crunchbase #FirmCustody Sub-SegmentHQReachTop Licensure / CharterRepresentative Work1Anchorage DigitalFederal-chartered crypto custodySF / NY / Sioux Falls / Singapore / Porto$4.2B valuationBacked by a16z, GIC, Goldman Sachs, KKR, Visa, TetherFirst federally chartered US crypto bankAtlas Settlement Network is live with institutional integrationsOCC National Trust Bank CharterMiCA via BaFin, VARA, Singapore, Korea2Coinbase CustodyUS ETF custody providerWilmington / SF, USACustodian for 8 of 11 spot Bitcoin ETFs80%+ of US Bitcoin ETF assets routed via CoinbaseNYDFS Limited Purpose Trust CharterCoinbase Custody Trust CompanyPrimary custodian for IBITCo-custodian for Morgan Stanley Bitcoin Trust3BitGoFederally chartered public custodySioux Falls / Palo Alto, USA$104B+ AUCThousands of institutional clientsCustod...