# Best Cryptocurrency Custody Software

  *By [Brandon Summers-Miller](https://research.g2.com/insights/author/brandon-summers-miller)*

   Cryptocurrency custody software is used to store and secure cryptocurrency assets. These tools rely on private key encryption to restrict access to digital currency assets and ensure their privacy while in long-term storage. Many cryptocurrency custody solutions also facilitate the buying and trading of cryptocurrencies for individuals or institutions. Furthermore, these tools can simplify and centralize cryptocurrency-related transactions and operational processes. Businesses use them to simplify management and storage of assets while ensuring their security and privacy.

Cryptocurrency custody solutions are related to [cryptocurrency wallets](https://www.g2.com/categories/cryptocurrency-wallets) in that they are used to store cryptocurrency, and [cryptocurrency exchanges](https://www.g2.com/categories/cryptocurrency-exchanges) as they can be used to purchase and trade digital currency assets. However, custody solutions differ in that they centralize the transaction and storage processes while facilitating storage to an institutional-level scale.

To qualify for inclusion in the Cryptocurrency Custody category, a product must:

- Facilitate cold storage of digital currency assets
- Allow users to trade and share cryptocurrency assets
- Provide policy and security controls for storage and trading digital currency





## Category Overview

**Total Products under this Category:** 47


## Trust & Credibility Stats

**Why You Can Trust G2's Software Rankings:**

- 30 Analysts and Data Experts
- 400+ Authentic Reviews
- 47+ Products
- Unbiased Rankings

G2's software rankings are built on verified user reviews, rigorous moderation, and a consistent research methodology maintained by a team of analysts and data experts. Each product is measured using the same transparent criteria, with no paid placement or vendor influence. While reviews reflect real user experiences, which can be subjective, they offer valuable insight into how software performs in the hands of professionals. Together, these inputs power the G2 Score, a standardized way to compare tools within every category.


## Best Cryptocurrency Custody Software At A Glance

- **Leader:** [Fireblocks](https://www.g2.com/products/fireblocks/reviews)
- **Highest Performer:** [3Commas](https://www.g2.com/products/3commas/reviews)
- **Easiest to Use:** [Fireblocks](https://www.g2.com/products/fireblocks/reviews)
- **Top Trending:** [Fireblocks](https://www.g2.com/products/fireblocks/reviews)
- **Best Free Software:** [Zengo Wallet](https://www.g2.com/products/zengo-wallet/reviews)


---

**Sponsored**

### Utila

Utila is an institutional-grade stablecoin infrastructure platform powering fintechs, PSPs, banks, and global enterprises running real-world cross-border payment and treasury flows. Utila provides a modular infrastructure stack for building and operating large-scale stablecoin operations — from wallet infrastructure and governance to automated payments, compliance, and liquidity routing. Built for institutions handling high-volume digital asset operations, Utila combines secure MPC wallet infrastructure, programmable policy controls, and robust APIs with embedded compliance and deep ecosystem integrations. Organizations use Utila to launch stablecoin products, automate treasury workflows, and run global payment rails with enterprise-grade security and operational scalability.



[Visit website](https://www.g2.com/external_clickthroughs/record?secure%5Bad_program%5D=ppc&amp;secure%5Bad_slot%5D=category_product_list&amp;secure%5Bcategory_id%5D=1795&amp;secure%5Bdisplayable_resource_id%5D=1795&amp;secure%5Bdisplayable_resource_type%5D=Category&amp;secure%5Bmedium%5D=sponsored&amp;secure%5Bplacement_reason%5D=page_category&amp;secure%5Bplacement_resource_ids%5D%5B%5D=1795&amp;secure%5Bprioritized%5D=false&amp;secure%5Bproduct_id%5D=1573377&amp;secure%5Bresource_id%5D=1795&amp;secure%5Bresource_type%5D=Category&amp;secure%5Bsource_type%5D=category_page&amp;secure%5Bsource_url%5D=https%3A%2F%2Fwww.g2.com%2Fcategories%2Fcryptocurrency-custody&amp;secure%5Btoken%5D=575dd6facf8aaf5dcecb64113b7abc8c3f732b3a6e8dce200108fa6bdb6cf105&amp;secure%5Burl%5D=https%3A%2F%2Futila.io%2F&amp;secure%5Burl_type%5D=custom_url)

---

## Top-Rated Products (Ranked by G2 Score)
### 1. [3Commas](https://www.g2.com/products/3commas/reviews)
  3Commas is an AI-powered crypto trading automation platform designed to assist traders of all experience levels in maximizing efficiency and profitability across various cryptocurrency exchanges. This platform serves as a centralized hub for managing trading activities, allowing users to streamline their operations and make informed decisions in the fast-paced crypto market. The platform is tailored for a diverse audience, including individual traders, professional investors, and institutions. With support for 15+ major exchanges such as Binance, Coinbase, OKX, and Bybit, 3Commas enables users to manage their portfolios and execute trades with precision. The SmartTrade tools facilitate manual trading, while automated strategies like DCA (Dollar Cost Averaging), GRID, and Signal bots empower users to implement complex trading strategies effortlessly from a single dashboard. One of the standout features of 3Commas is its commitment to non-custodial security. The platform does not hold user funds; instead, it connects to exchange accounts via API, ensuring that users maintain complete control over their assets at all times. This focus on security is crucial for traders who prioritize the safety of their investments while utilizing automation tools. For those looking for hands-free trading solutions, 3Commas offers an extensive bot options. Users can copy top-performing bot presets, generate strategies instantly using the AI Assistant, or create their own custom setups. Whether engaging in scalping, swing trading, or long-term investments, 3Commas supports advanced automation features, including trailing capabilities, take-profit and stop-loss logic, and multi-pair strategies. Additionally, 3Commas provides robust analytics, historical backtesting capabilities, and portfolio tracking. The platform&#39;s mobile app ensures that users can manage their trades on the go, while integrations with TradingView allow technical traders to trigger Signal bots based on custom alerts. This comprehensive suite of tools positions 3Commas as a valuable resource for crypto enthusiasts and professionals alike.


  **Average Rating:** 4.4/5.0
  **Total Reviews:** 24


**Seller Details:**

- **Seller:** [3commas.io](https://www.g2.com/sellers/3commas-io)
- **Year Founded:** 2017
- **HQ Location:** Road Town, VG
- **LinkedIn® Page:** https://www.linkedin.com/company/3commas-io/ (111 employees on LinkedIn®)

**Reviewer Demographics:**
  - **Top Industries:** Financial Services
  - **Company Size:** 92% Small-Business, 4% Mid-Market


### 2. [Fireblocks](https://www.g2.com/products/fireblocks/reviews)
  Fireblocks is the world&#39;s most trusted digital asset infrastructure company, empowering organizations of all sizes to build, manage and grow their business on the blockchain. With the industry&#39;s most scalable and secure platform, we streamline stablecoin payments, settlement, custody, tokenization, trading, accounting operations, and compliance reporting- enabling everything from institutional finance to consumer-facing digital experiences across the largest ecosystem of banks, payment providers, stablecoin issuers, exchanges and custodians. Thousands of organizations - including Worldpay, BNY, Galaxy, and Revolut - trust Fireblocks to secure more than $10 trillion in digital asset transactions across 150+ blockchains. Learn more at fireblocks.com. Key capabilities and platform features include: - Secure custody and wallet infrastructure — Over 550 million wallets have been created on the platform, with MPC-based key management and policy controls designed to meet institutional security and regulatory requirements. - Multi-chain connectivity — Supports 150+ blockchains and millions of tokens, enabling organizations to operate across networks without rebuilding their technical stack for each chain. - Stablecoin and payment operations — Hundreds of payment companies use Fireblocks to run stablecoin operations, settling transactions across 100+ countries. - Tokenization and capital markets infrastructure — Supports asset tokenization workflows for banks and financial institutions building onchain financial products. - Compliance and reporting tools — Integrated transaction monitoring, audit trails, and policy enforcement to support regulatory obligations across jurisdictions. Fireblocks processes approximately 10% of global blockchain transactions to date. The platform maintains over $100 billion in daily assets under custody. More than 2,400 organizations rely on Fireblocks as core infrastructure for their digital asset operations. Some customers to note are BNY, Revolut, Galaxy, and Worldpay. The platform is designed for organizations of all sizes that require institutional-grade controls alongside the flexibility to operate across a broad and evolving blockchain ecosystem.


  **Average Rating:** 4.7/5.0
  **Total Reviews:** 51


**Seller Details:**

- **Seller:** [Fireblocks](https://www.g2.com/sellers/fireblocks)
- **Year Founded:** 2018
- **HQ Location:** New York, US
- **Twitter:** @FireblocksHQ (38,610 Twitter followers)
- **LinkedIn® Page:** https://www.linkedin.com/company/fireblocks/ (908 employees on LinkedIn®)

**Reviewer Demographics:**
  - **Top Industries:** Financial Services
  - **Company Size:** 55% Small-Business, 37% Mid-Market


#### Pros & Cons

**Pros:**

- Security (10 reviews)
- Customer Support (7 reviews)
- Ease of Use (7 reviews)
- User Interface (6 reviews)
- Innovative Solution (5 reviews)

**Cons:**

- High Costs (4 reviews)
- Complexity (3 reviews)
- Missing Features (3 reviews)
- App Issues (1 reviews)
- Integration Issues (1 reviews)

### 3. [Binance Broker](https://www.g2.com/products/binance-broker/reviews)
  Binance.US is a digital asset marketplace launched in September 2019, providing a secure and reliable platform for trading over 150 cryptocurrencies. Powered by advanced matching engine and wallet technologies licensed from Binance, the world&#39;s largest cryptocurrency exchange, Binance.US is operated by BAM Trading Services and is tailored specifically for U.S. users. The platform offers competitive trading fees and a user-friendly interface, making it accessible to both novice and experienced traders. Committed to regulatory compliance, Binance.US is registered as a Money Services Business with FinCEN and holds licenses in various U.S. jurisdictions. Key Features and Functionality: - Extensive Cryptocurrency Selection: Trade and earn over 150 digital assets, including popular cryptocurrencies like Bitcoin , Ethereum , and Binance Coin . - Competitive Trading Fees: Benefit from low trading fees, with zero fees on certain Bitcoin pairs and tiered fees for other trades based on 30-day trading volume. - Staking Services: Earn passive income by staking supported cryptocurrencies directly through the platform. - Advanced Security Measures: Utilize industry-standard security protocols, including two-factor authentication and biometric verification, to safeguard user accounts and assets. - Regulatory Compliance: Registered with FinCEN and licensed in multiple U.S. jurisdictions, ensuring adherence to federal and state regulations. Primary Value and User Solutions: Binance.US addresses the need for a trustworthy and compliant cryptocurrency exchange tailored for U.S. residents. By offering a wide range of digital assets, competitive fees, and robust security measures, it empowers users to confidently engage in cryptocurrency trading and investment. The platform&#39;s commitment to regulatory compliance ensures a secure and legally compliant environment, fostering financial confidence and crypto literacy among American users.


  **Average Rating:** 4.3/5.0
  **Total Reviews:** 15


**Seller Details:**

- **Seller:** [Binance](https://www.g2.com/sellers/binance)
- **Year Founded:** 2017
- **HQ Location:** Everywhere, OO
- **Twitter:** @binance (15,996,857 Twitter followers)
- **LinkedIn® Page:** https://www.linkedin.com/company/13336409/ (13,804 employees on LinkedIn®)

**Reviewer Demographics:**
  - **Company Size:** 93% Small-Business, 7% Mid-Market


### 4. [Dfns](https://www.g2.com/products/dfns/reviews)
  Dfns is the leading Wallets-as-a-Service (WaaS) platform for simplifying digital asset management and powering onchain services at scale. Our programmable wallet platform brings together transaction management, workflow governance, key orchestration, and third-party integrations into one secure operating system for blockchains, enabling custody, payments, trading, tokenization, and banking. Built on advanced security and cryptography, Dfns is trusted by over 300 financial institutions and applications—including ABN AMRO, Broadridge, Fidelity, Zodia Custody, Stripe, Moonpay, Circle, IBM, Deblock, Republic, Gemini—and secures over $5 billion in monthly transactions.


  **Average Rating:** 4.8/5.0
  **Total Reviews:** 33


**Seller Details:**

- **Seller:** [Dfns](https://www.g2.com/sellers/dfns)
- **Company Website:** https://www.dfns.co/
- **Year Founded:** 2020
- **HQ Location:** Paris, FR
- **Twitter:** @dfnsHQ (3,982 Twitter followers)
- **LinkedIn® Page:** https://linkedin.com/company/dfnshq (78 employees on LinkedIn®)

**Reviewer Demographics:**
  - **Who Uses This:** CEO
  - **Top Industries:** Financial Services
  - **Company Size:** 82% Small-Business, 12% Mid-Market


#### Pros & Cons

**Pros:**

- Customer Support (11 reviews)
- Ease of Use (8 reviews)
- Comprehensive Features (4 reviews)
- Easy Integrations (4 reviews)
- Security (4 reviews)

**Cons:**

- Missing Features (4 reviews)
- Complexity (3 reviews)
- UX Improvement (3 reviews)
- Poor Usability (2 reviews)
- Integration Issues (1 reviews)

### 5. [Zengo Wallet](https://www.g2.com/products/zengo-wallet/reviews)
  Zengo is the leading self-custodial cryptocurrency wallet solution designed to help users securely manage and store their digital assets without the vulnerabilities associated with traditional seed phrases. Since 2018, Zengo has quickly gained traction within the crypto community, boasting over 1.5 million customers. Its unique approach to security, utilizing Multi-Party Computation (MPC) technology, sets it apart from other wallets in the market, providing users with a high level of protection against hacking and phishing attempts. The target audience for Zengo includes both novice and experienced cryptocurrency users who prioritize security and ease of use. With its user-friendly mobile and desktop applications, Zengo caters to individuals looking to buy, sell, and store a wide variety of cryptocurrencies. The wallet supports dozens of blockchains and thousands of assets, including Bitcoin, Ethereum, TRON, Solana, Dogecoin, and BNB, as well as Layer 2 solutions: Polygon, Arbitrum One, Optimism, and Base. This extensive support allows users to diversify their portfolios while maintaining a secure environment for their transactions. One of Zengo&#39;s standout features is its commitment to security, as evidenced by its track record of ZERO wallets being hacked, drained, or phished. Regular security audits further bolster user confidence in the platform. Additionally, both Zengo mobile app and Zengo desktop have been ranked with top tier security by leading blockchain security firm, Certik. Zengo also offers a seamless purchasing experience, allowing users to buy crypto directly with various payment methods, including credit and debit cards, bank transfers, and popular payment platforms like Apple Pay and Google Pay. For users seeking even more features, Zengo Pro offers a premium subscription service that unlocks a suite of advanced security features and self-custody tools. Subscribers gain access to: - Multiple wallets - BTC vaults - 50% discount on purchase fees - Legacy Transfer, the industry’s 1st self-custodial inheritance-like system - Asset Theft Protection, locked to your liveness biometrics - Advanced Web3 Firewall - Priority 24/7 support And many more benefits and perks!


  **Average Rating:** 4.6/5.0
  **Total Reviews:** 212


**Seller Details:**

- **Seller:** [ZenGo Wallet](https://www.g2.com/sellers/zengo-wallet)
- **Company Website:** https://www.zengo.com
- **Year Founded:** 2018
- **HQ Location:** Tel Aviv, IL
- **Twitter:** @ZenGo (42,190 Twitter followers)
- **LinkedIn® Page:** https://www.linkedin.com/company/zengo/ (54 employees on LinkedIn®)

**Reviewer Demographics:**
  - **Top Industries:** Financial Services, Accounting
  - **Company Size:** 95% Small-Business, 5% Mid-Market


#### Pros & Cons

**Pros:**

- Security (1 reviews)
- Security Measures (1 reviews)


### 6. [Ledger Vault](https://www.g2.com/products/ledger-vault/reviews)
  Securing digital assets for the financial industry. Enterprise-grade crypto-asset safeguarding and transaction solution utilizing end-to-end hardware, firmware, and software security to achieve governance, scalability and 24/7 availability of funds without compromising on security.


  **Average Rating:** 4.4/5.0
  **Total Reviews:** 14


**Seller Details:**

- **Seller:** [Ledger](https://www.g2.com/sellers/ledger-ff5f15e2-3d2e-42c5-a00e-c637a31010ef)
- **Year Founded:** 2014
- **HQ Location:** Paris, Ile-de-France
- **Twitter:** @Ledger (670,277 Twitter followers)
- **LinkedIn® Page:** https://www.linkedin.com/company/5389345/ (796 employees on LinkedIn®)

**Reviewer Demographics:**
  - **Top Industries:** Financial Services
  - **Company Size:** 64% Small-Business, 29% Mid-Market


### 7. [Coinbase Custody](https://www.g2.com/products/coinbase-custody/reviews)
  Coinbase is a digital currency wallet and platform where merchants and consumers can transact with new digital currencies like bitcoin, ethereum, and litecoin.


  **Average Rating:** 4.1/5.0
  **Total Reviews:** 10


**Seller Details:**

- **Seller:** [Coinbase](https://www.g2.com/sellers/coinbase)
- **Year Founded:** 2012
- **HQ Location:** San Francisco, CA
- **Twitter:** @coinbase (6,868,688 Twitter followers)
- **LinkedIn® Page:** https://www.linkedin.com/company/2857634/ (7,457 employees on LinkedIn®)
- **Ownership:** NASDAQ: COIN

**Reviewer Demographics:**
  - **Company Size:** 80% Small-Business, 20% Enterprise


### 8. [CoinRabbit](https://www.g2.com/products/coinrabbit/reviews)
  CoinRabbit is an instant cryptocurrency lending service without credit checks, monthly payments, and maximum loan sizes. It has one of the smallest APR rates (5%) and a special monitoring system of every loan status tracking. Users can borrow crypto loans for unlimited time periods and start with a low minimum loan amount.


  **Average Rating:** 4.3/5.0
  **Total Reviews:** 30


**Seller Details:**

- **Seller:** [CoinRabbit](https://www.g2.com/sellers/coinrabbit)
- **Year Founded:** 2020
- **HQ Location:** Tallinn, EE
- **Twitter:** @CoinRabbitLoans (10,434 Twitter followers)
- **LinkedIn® Page:** https://www.linkedin.com/company/coinrabbit/ (6 employees on LinkedIn®)

**Reviewer Demographics:**
  - **Top Industries:** Financial Services
  - **Company Size:** 74% Small-Business, 13% Enterprise


### 9. [BitGo](https://www.g2.com/products/bitgo/reviews)
  BitGo is the leader in custody and security solutions. Founded in 2013, BitGo pioneered the multi-signature wallet and is the first digital asset company to focus exclusively on serving institutional clients. In 2018, it launched BitGo Trust Company, the first qualified custodian purpose-built for storing digital assets and established BitGo New York Trust in 2021. In 2022, BitGo launched institutional-grade DeFi, NFT and web3 services. BitGo secures approximately 20% of all on-chain Bitcoin transactions by value and supports more than 600 digital assets within its platform. BitGo provides the security and operational backbone for more than 1500 institutional clients in 50 countries, including many regulated entities and the world’s top cryptocurrency exchanges and platforms. For more information, please visit www.bitgo.com.


  **Average Rating:** 4.1/5.0
  **Total Reviews:** 19


**Seller Details:**

- **Seller:** [BitGo, Inc.](https://www.g2.com/sellers/bitgo-inc)
- **Year Founded:** 2013
- **HQ Location:** Palo Alto, California
- **Twitter:** @bitgo (77,493 Twitter followers)
- **LinkedIn® Page:** https://www.linkedin.com/company/bitgo/ (144 employees on LinkedIn®)

**Reviewer Demographics:**
  - **Top Industries:** Financial Services
  - **Company Size:** 68% Small-Business, 16% Enterprise


#### Pros & Cons

**Pros:**

- Security (2 reviews)
- Easy Trading (1 reviews)
- Many Options (1 reviews)
- Reliability (1 reviews)
- Security Features (1 reviews)

**Cons:**

- App Issues (1 reviews)
- High Fees (1 reviews)
- Missing Features (1 reviews)

### 10. [Cobo Custody](https://www.g2.com/products/cobo-custody/reviews)
  Cobo Custody is compliant, military-grade institutional crypto custody that balances security and efficiency. With industry leading security and technology such as 3-tier private key storage architecture, HSM signing, multi-signature access, key sharding, and global key distribution, it is the most secure custody solution in the market. Its specialized set of risk management configuration such as optimized risk control framework, on-chain monitoring expertise, and custom access and workflows, it supports institutional security and team collaboration needs and eliminates single points of failure and operational risk errors. Cobo Custody protects your crypto, whilst giving you efficient access when you need it. Cobo keeps your digital assets secure through two customisable custodial solutions: HSM and MPC. Full Custody (HSM) Enjoy the convenience of Cobo’s Full Custody while having the peace of mind that your assets are protected by Cobo’s military-grade security and multi-layer defense that combines bank-grade hardware security modules (HSM), Intel SGX, and more. MPC Co-Managed Custody Maintain full control over your assets with Cobo&#39;s cutting-edge multi-party computation (MPC) technology, which splits a private key into individual encrypted shares and eliminates single points of failure.


  **Average Rating:** 4.0/5.0
  **Total Reviews:** 7


**Seller Details:**

- **Seller:** [Cobo](https://www.g2.com/sellers/cobo)
- **Year Founded:** 2017
- **HQ Location:** One Raffles Place, Tower 1 #38-02, SG
- **Twitter:** @Cobo_Global (27,907 Twitter followers)
- **LinkedIn® Page:** https://www.linkedin.com/company/cobo-global/ (125 employees on LinkedIn®)

**Reviewer Demographics:**
  - **Company Size:** 43% Mid-Market, 43% Small-Business


### 11. [Coinbase Prime](https://www.g2.com/products/coinbase-prime/reviews)
  Coinbase Prime is a comprehensive prime brokerage platform tailored for institutional investors seeking to engage in the digital asset market. It integrates advanced trading capabilities, secure custody solutions, and diverse financing options into a unified platform, enabling institutions to manage and expand their cryptocurrency portfolios efficiently. With access to over 260 tradable assets and more than 420 custodial assets, Coinbase Prime offers a robust infrastructure designed to meet the complex needs of professional investors. Key Features and Functionality: - Advanced Trading Platform: Utilizes a smart order router to connect clients with multiple high-liquidity exchanges and trading venues, ensuring optimal execution of trading strategies. - Secure Custody Services: Provides a regulated, qualified custodian service for a wide range of digital assets, allowing seamless transitions between offline storage and active trading balances. - Comprehensive Financing Solutions: Offers lending, margin, and shorting services to enhance capital efficiency and support diverse trading strategies in varying market conditions. - Integrated Portfolio Management: Enables efficient management of multiple portfolios with features like sub-accounts, detailed trade cost analysis, and customizable user roles with fine-grained permissions. - Crypto-Native Features: Supports staking and governance participation directly from the platform, allowing institutions to engage actively in the crypto ecosystem. Primary Value and Solutions Provided: Coinbase Prime addresses the unique challenges faced by institutional investors in the cryptocurrency space by offering a secure, efficient, and integrated platform for trading, custody, and financing. It simplifies the complexities of digital asset management through seamless transfers between cold storage and trading balances, access to deep liquidity across multiple venues, and advanced algorithms designed to minimize market impact and slippage. By consolidating essential services into a single platform, Coinbase Prime empowers institutions to execute large-scale trades with confidence, maintain compliance, and optimize their investment strategies in the rapidly evolving digital asset market.


  **Average Rating:** 4.0/5.0
  **Total Reviews:** 12


**Seller Details:**

- **Seller:** [Coinbase](https://www.g2.com/sellers/coinbase)
- **Year Founded:** 2012
- **HQ Location:** San Francisco, CA
- **Twitter:** @coinbase (6,868,688 Twitter followers)
- **LinkedIn® Page:** https://www.linkedin.com/company/2857634/ (7,457 employees on LinkedIn®)
- **Ownership:** NASDAQ: COIN

**Reviewer Demographics:**
  - **Company Size:** 83% Small-Business, 17% Mid-Market


### 12. [Utila](https://www.g2.com/products/utila/reviews)
  Utila is an institutional-grade stablecoin infrastructure platform powering fintechs, PSPs, banks, and global enterprises running real-world cross-border payment and treasury flows. Utila provides a modular infrastructure stack for building and operating large-scale stablecoin operations — from wallet infrastructure and governance to automated payments, compliance, and liquidity routing. Built for institutions handling high-volume digital asset operations, Utila combines secure MPC wallet infrastructure, programmable policy controls, and robust APIs with embedded compliance and deep ecosystem integrations. Organizations use Utila to launch stablecoin products, automate treasury workflows, and run global payment rails with enterprise-grade security and operational scalability.


  **Average Rating:** 4.9/5.0
  **Total Reviews:** 5


**Seller Details:**

- **Seller:** [Utila](https://www.g2.com/sellers/utila)
- **Company Website:** https://utila.io/
- **Year Founded:** 2022
- **HQ Location:** New York City, US
- **Twitter:** @utila_io (3,848 Twitter followers)
- **LinkedIn® Page:** https://www.linkedin.com/company/utila-io/ (57 employees on LinkedIn®)

**Reviewer Demographics:**
  - **Company Size:** 100% Small-Business


### 13. [BVNK](https://www.g2.com/products/bvnk/reviews)
  BVNK is the stablecoin-powered financial stack for global enterprises. Complete infrastructure for stablecoin payments – custody, liquidity, compliance and multi-chain connectivity – across 130+ countries. Build financial products, unlock new markets, and move money in seconds. Trusted by Worldpay, Deel, and Flywire – processing billions annually. With our flexible API platform, businesses can send and receive stablecoin payments, embed stablecoin wallets, convert between currencies, and add crypto payments to their checkout. Our chain-agnostic and token-agnostic architecture aggregates liquidity and abstracts technical complexity across multiple blockchains and stablecoin types. We solve the complexity of building with stablecoins so enterprises can integrate quickly and compliantly. With robust global licensing and compliance expertise, businesses can launch stablecoin products in weeks instead of months – moving money globally in seconds with lower costs than traditional rails. Founded in 2021, BVNK has rapidly grown to serve global enterprises with a team spanning multiple continents.


  **Average Rating:** 4.7/5.0
  **Total Reviews:** 18


**Seller Details:**

- **Seller:** [BVNK](https://www.g2.com/sellers/bvnk)
- **Company Website:** https://www.bvnk.com/
- **Year Founded:** 2021
- **HQ Location:** London, GB
- **Twitter:** @BVNKFinance (4,585 Twitter followers)
- **LinkedIn® Page:** https://www.linkedin.com/company/bvnk (451 employees on LinkedIn®)

**Reviewer Demographics:**
  - **Company Size:** 67% Mid-Market, 33% Small-Business


#### Pros & Cons

**Pros:**

- Customer Support (10 reviews)
- Ease of Use (6 reviews)
- User-Friendly (5 reviews)
- Speed (3 reviews)
- Transaction Speed (3 reviews)

**Cons:**

- Limited Functionality (4 reviews)
- Complexity (2 reviews)
- UX Improvement (2 reviews)
- Conversion Issues (1 reviews)
- High Costs (1 reviews)

### 14. [NodeVenture](https://www.g2.com/products/nodeventure/reviews)
  NodeVenture is the easiest and most secure crypto wallet from Austria. We store cryptocurrencies by default offline in our high security digital vault. Our patented air-wall technology (awt) allows users to access their digital assets whenever they want. We can offer our product as a white-label web application and via API. Mainly, we serve banks which can use NodeVenture Wallet to offer cryptocurrency custody to their customers (B2B2C). Traditional banks can use NodeVenture to bridge the gap to decentralized digital finance (DeFi). Additionally, we cater to the demand of family offices (B2B), crypto exchanges, venture capitals and other financial market participants who must keep crypto assets in custody.


  **Average Rating:** 4.5/5.0
  **Total Reviews:** 4


**Seller Details:**

- **Seller:** [TMIA](https://www.g2.com/sellers/tmia)
- **HQ Location:** N/A
- **LinkedIn® Page:** https://www.linkedin.com/company/No-Linkedin-Presence-Added-Intentionally-By-DataOps (1 employees on LinkedIn®)

**Reviewer Demographics:**
  - **Company Size:** 75% Small-Business, 25% Mid-Market


### 15. [Fidelity Digital Assets](https://www.g2.com/products/fidelity-digital-assets/reviews)
  We envision a future where all types of assets are issued natively on blockchains or represented in tokenized format. It all begins with a full-service, enterprise-grade platform for securing, trading, and servicing investments in digital assets.


  **Average Rating:** 4.3/5.0
  **Total Reviews:** 3


**Seller Details:**

- **Seller:** [Fidelity Digital Assets](https://www.g2.com/sellers/fidelity-digital-assets)
- **HQ Location:** New York, US
- **Twitter:** @digitalassets (87,583 Twitter followers)
- **LinkedIn® Page:** http://www.linkedin.com/company/fidelity-digital-assets-services-llc (5 employees on LinkedIn®)

**Reviewer Demographics:**
  - **Company Size:** 67% Small-Business, 33% Enterprise


### 16. [AmbiVault](https://www.g2.com/products/ambivault/reviews)
  AmbiVault is hyper-secure storage that helps you to manage digital assets and protect them from any tampering or external theft. AmbiVault is based on the smart contracts in the Ethereum blockchain that defines the following multi-sig rules: Multiple parties must sign off in order to execute each operation. These parties can be anyone who you trust to act faithfully on your behalf. By requiring multiple signatures, AmbiVault provides your digital assets with the most advanced security possible. This also means that every AmbiVault operation is logged in the Ethereum blockchain and cannot be changed. USAGE - Hyper-secure digital asset storage. - A platform allowing to manage your digital assets. - ERC20 token issuance platform. FEATURES [Co-signing settings] Giving one person control over all of your assets is a big risk. AmbiVault allows you to set the number of users needed to execute network actions. You may alter co-signing rights for other users in the organization. You can also change the number of signatures needed to confirm new operations. [New token creation, re-creation, and revocation] AmbiVault allows you to create new ERC20 tokens. You may also change the total token count by creating or revoking new tokens. These operations will change how many of your tokens exist on the blockchain. [Managing token transaction fees] - Change the transaction fees depending on the Blockchain network load. This ensures that you process transactions at the correct time. - Choose who pays Blockchain transaction fees: token creator or end users. [Security features] - Two-factor authentication. - Driven by smart contracts in the Ethereum blockchain. - Private keys are stored in encrypted containers and cannot be decrypted on the server side.


  **Average Rating:** 4.3/5.0
  **Total Reviews:** 2


**Seller Details:**

- **Seller:** [Ambisafe](https://www.g2.com/sellers/ambisafe)
- **Year Founded:** 2015
- **HQ Location:** San Francisco, US
- **LinkedIn® Page:** https://www.linkedin.com/company/ambisafe/ (19 employees on LinkedIn®)

**Reviewer Demographics:**
  - **Company Size:** 50% Enterprise, 50% Small-Business


### 17. [Koinly](https://www.g2.com/products/koinly/reviews)
  Koinly is a cryptocurrency calculator trusted by crypto investors in over 20 countries. Koinly integrates with 700+ exchanges, blockchains, and wallets to give investors an easy and accurate way to track their crypto transactions in one place. From here, Koinly calculates the total capital gains and income an investor has derived from their crypto in any financial year.


  **Average Rating:** 5.0/5.0
  **Total Reviews:** 2


**Seller Details:**

- **Seller:** [Koinly](https://www.g2.com/sellers/koinly)
- **Year Founded:** 2019
- **HQ Location:** London, GB
- **LinkedIn® Page:** https://www.linkedin.com/company/koinly/ (20 employees on LinkedIn®)

**Reviewer Demographics:**
  - **Company Size:** 100% Small-Business


### 18. [Vo1t](https://www.g2.com/products/vo1t/reviews)
  Vo1t is a premier global custodian specializing in the secure storage of blockchain assets. Established in 2015, the company has developed a state-of-the-art cold-storage vault that integrates advanced system design with stringent cybersecurity protocols. This infrastructure ensures the highest level of security for digital assets, including cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP). Vo1t&#39;s services are tailored to meet the needs of institutional clients, offering not only secure storage but also same-day access to assets and dedicated account management. Key Features and Functionality: - Multi-Asset Support: Vo1t&#39;s platform accommodates a wide range of digital currencies and tokens, providing flexibility for clients with diverse portfolios. - Military-Grade Security: The company employs multiple layers of encryption and adheres to best practices in cybersecurity to protect assets from both digital and physical threats. - Insured Custody: Vo1t offers insured custody solutions, providing clients with peace of mind regarding the safety of their assets. - Dedicated Account Management: Each client benefits from personalized service through a dedicated account manager, ensuring tailored support and efficient communication. Primary Value and Solutions Provided: Vo1t addresses the critical need for secure and reliable storage solutions in the digital asset space. By offering a highly secure, insured, and accessible custody service, Vo1t enables institutional investors to manage their digital assets confidently. The company&#39;s commitment to security and client service mitigates the risks associated with digital asset storage, allowing clients to focus on their investment strategies without concern for asset safety.


  **Average Rating:** 4.0/5.0
  **Total Reviews:** 2


**Seller Details:**

- **Seller:** [Vo1t](https://www.g2.com/sellers/vo1t)
- **HQ Location:** United Kingdom of Great Britain
- **LinkedIn® Page:** https://www.linkedin.com/company/vo1t-ltd/about/ (2 employees on LinkedIn®)

**Reviewer Demographics:**
  - **Company Size:** 100% Mid-Market


### 19. [Atato](https://www.g2.com/products/atato/reviews)
  Atato is a fully licensed and compliant digital asset custody solution secured by multi-party computation. Atato enables web3 SMEs , market makers, institutions, and more safely store and manage any of their digital assets on Bitcoin and any EVM-supported chain without code. Atato is the first licensed, compliant, and audited custodian with no AUM fee. Atato is SOC2 and ISO27001 certified. Atato was founded in 2017 and is headquartered in Bangkok, Thailand.


  **Average Rating:** 4.5/5.0
  **Total Reviews:** 1


**Seller Details:**

- **Seller:** [Atato](https://www.g2.com/sellers/atato)
- **Year Founded:** 2017
- **HQ Location:** Singapore, SG
- **Twitter:** @atato_tech (2,446 Twitter followers)
- **LinkedIn® Page:** http://www.linkedin.com/company/atato (14 employees on LinkedIn®)

**Reviewer Demographics:**
  - **Company Size:** 100% Mid-Market


### 20. [Casa](https://www.g2.com/products/casa-casa/reviews)
  A home for your keys. We&#39;re a distributed team building the friendliest, most secure key system on the planet.


  **Average Rating:** 3.5/5.0
  **Total Reviews:** 1


**Seller Details:**

- **Seller:** [Casa](https://www.g2.com/sellers/casa)
- **Year Founded:** 2016
- **HQ Location:** Denver, US
- **LinkedIn® Page:** https://www.linkedin.com/company/casa-inc/ (81 employees on LinkedIn®)

**Reviewer Demographics:**
  - **Company Size:** 100% Small-Business


### 21. [Chainlink](https://www.g2.com/products/chainlink-chainlink/reviews)
  Chainlink&#39;s decentralized oracle network provides reliable, tamper-proof inputs and outputs for complex smart contracts on any blockchain.


  **Average Rating:** 3.8/5.0
  **Total Reviews:** 2


**Seller Details:**

- **Seller:** [Chainlink](https://www.g2.com/sellers/chainlink)
- **HQ Location:** Córdoba, AR
- **Twitter:** @chainlink (1,393,217 Twitter followers)
- **LinkedIn® Page:** https://www.linkedin.com/company/chainlink-en-espa%C3%B1ol/ (1 employees on LinkedIn®)

**Reviewer Demographics:**
  - **Company Size:** 50% Enterprise, 50% Small-Business


### 22. [Crypto Storage - institutional](https://www.g2.com/products/crypto-storage-institutional/reviews)
  The CryptoStorage AG offers a proprietary solution to secure private key of qualified and institutional investors, both physically and digitally on high-quality hardware security modules with detailed configuration options for individual and role-based access control.


  **Average Rating:** 5.0/5.0
  **Total Reviews:** 1


**Seller Details:**

- **Seller:** [Crypto Storage AG](https://www.g2.com/sellers/crypto-storage-ag)
- **Year Founded:** 2017
- **HQ Location:** Zurich, Zurich, Switzerland
- **Twitter:** @CryptoFinanceAG (6,513 Twitter followers)
- **LinkedIn® Page:** https://www.linkedin.com/company/cryptofinanceag/?originalSubdomain=sg (219 employees on LinkedIn®)

**Reviewer Demographics:**
  - **Company Size:** 100% Mid-Market


### 23. [Crypto Switch](https://www.g2.com/products/crypto-switch/reviews)
  Advanced Aggregation, Liquidity Management &amp; Distribution Platform Crypto Switch™ is the proven digital asset institutional solution for consuming and distributing Crypto liquidity. The platform is integrated with multiple Crypto Market Makers and Exchanges, enabling tight spreads, deep liquidity and low latency, giving consistently better prices than previously possible. This robust technology is fully integrated with central settlement and clearing partners, providing fiat and digital asset settlement, regulatory compliance, and institutional custody.


  **Average Rating:** 4.5/5.0
  **Total Reviews:** 1


**Seller Details:**

- **Seller:** [Gold-i Limited](https://www.g2.com/sellers/gold-i-limited)
- **HQ Location:** N/A
- **LinkedIn® Page:** https://www.linkedin.com/company/No-Linkedin-Presence-Added-Intentionally-By-DataOps (1 employees on LinkedIn®)

**Reviewer Demographics:**
  - **Company Size:** 100% Enterprise


### 24. [HedgeGuard Crypto Portfolio Management System](https://www.g2.com/products/hedgeguard-crypto-portfolio-management-system/reviews)
  Our Crypto Portfolio Management System has been designed for Crypto Funds or Crypto Asset Managers to help them achieve optimal portfolio management and operational efficiency. Our product offering is comprised of a crypto- Portfolio Management System and outsourced Middle Office service. These solutions have been built by ex-buy side professionals who know the challenges faced by portfolio managers in todays increasingly competitive environment.


  **Average Rating:** 5.0/5.0
  **Total Reviews:** 1


**Seller Details:**

- **Seller:** [HedgeGuard](https://www.g2.com/sellers/hedgeguard-7bcb6803-ee16-40e9-9a6b-b460c78dfd3e)
- **Year Founded:** 2006
- **HQ Location:** Paris, FR
- **Twitter:** @Hedgeguard (557 Twitter followers)
- **LinkedIn® Page:** https://www.linkedin.com/company/2537339 (9 employees on LinkedIn®)

**Reviewer Demographics:**
  - **Company Size:** 100% Enterprise


### 25. [itBit Custody](https://www.g2.com/products/itbit-custody/reviews)
  itBit is a Leading Provider of Crypto Asset Custodial Services


  **Average Rating:** 4.5/5.0
  **Total Reviews:** 1


**Seller Details:**

- **Seller:** [itBit](https://www.g2.com/sellers/itbit)
- **Year Founded:** 2012
- **HQ Location:** New York, US
- **Twitter:** @itBit (7,635 Twitter followers)
- **LinkedIn® Page:** https://www.linkedin.com/company/3571215 (10 employees on LinkedIn®)

**Reviewer Demographics:**
  - **Company Size:** 100% Small-Business




## Parent Category

[Cryptocurrency Software](https://www.g2.com/categories/cryptocurrency)



## Related Categories

- [Cryptocurrency Wallets](https://www.g2.com/categories/cryptocurrency-wallets)



---

## Buyer Guide

### What You Should Know About Cryptocurrency Custody Software

### What is Cryptocurrency Custody Software?

Cryptocurrency custody software is an independent storage and security vault system that stores large quantities of digital assets. Its initial purpose was to help institutional investors (hedge funds, for example) shift their technical challenges of keeping digital assets onto a third-party cryptocurrency custody provider or custodians. However, cryptocurrency custody has become a common practice even among individual investors and is required by law in several jurisdictions.

In essence, cryptocurrency custody solutions offer custodial services to store and secure digital assets like cryptocurrency or NFTs. These products can help mitigate several security risks, including crypto theft. However, these products don’t keep any assets. Instead, they safeguard private keys, which are a complex combination of alphanumerics used to access crypto holdings and perform transactions.

Buyers may also come across crypto custody while researching [cryptocurrency wallets](https://www.g2.com/categories/cryptocurrency-wallets). In short, crypto wallets are solutions used to store private keys and can be broadly classified as custodial and non-custodial wallets. In custodial wallets, custodians hold the private keys of a user. On the other hand, non-custodial wallets grant users complete control over their private keys.

#### What Types of Cryptocurrency Custody Software Exist?

Cryptocurrency custody software can be classified into three broad categories as follows:

**Crypto self-custody software:** Self-custody cryptocurrency software is ideal for users who require complete control over their crypto assets. Simply put, it’s when the user personally holds the private keys without any third-party custodian’s assistance. There are several risks associated with this type of digital asset custody. For example, the associated crypto is lost forever if the holder forgets their private keys. Self-custody crypto software can be in the form of self-managed hardware or software wallet.

**Crypto partial-custody software:** Partial ownership or custody is the better option if the buyer wants to have ample control over their assets but still wants to benefit from a third-party custodial service. The custodian possesses a key for co-signing the user’s transactions in this custodial software. It’s typically a self-managed wallet with a certain degree of security and assistance from the third-party custodian.

**Third-party crypto custody software:** As the name suggests, this type of crypto custody software offers third-party crypto custodians responsible for securing the holder’s assets. Out of all three types, this custody solution comes with the highest level of digital asset protection. This software offers different types and levels of security to choose from. For instance, users can store their assets in hot or cold wallets based on their requirements. Since the custodians hold the private keys, buyers can easily recover them in case of any loss.

### What are the Common Features of Cryptocurrency Custody Software?

The following are some core features of cryptocurrency custody software:

**Key management:** Storing and securing private keys is a crucial feature of crypto custody software. Ultimately, key management can be viewed as a form of asset management, as the assets can be accessed on the blockchain only using private keys. The key itself is the asset.

**Cold storage:** A custody solution offers the highest possible level of security with cold storage. Cold storage stores private keys, so they can’t be accessed from any outside network. It’s crucial for long-term investment in digital assets.

**Multi-signature approval:** Both partial and third-party custody requires multiple signature approvals to move assets. The purpose of this feature is to restrict a single entity from being able to perform digital asset trading.

**Multi-party computing:** The multi-party computing (MPC) architecture requires different parties to contribute to computation without being able to view each other&#39;s data. MPC adds security while maintaining flexibility.

**Policy layer:** The policy layer is the cornerstone of any crypto custodial solution. It manages the rules and regulations depending on the value and frequency of transactions.

### What are the Benefits of Cryptocurrency Custody Software?

The following are some of the common benefits of using a crypto custody tool:

**Convenience:** Although self-custody cryptocurrency software grants users complete control over their assets, it involves a lot of work. For instance, holders are responsible for generating and keeping track of private keys. As mentioned earlier, if they lose these keys, they lose access to their assets forever. Such inconveniences are eliminated by relying on a third-party custodian.

**Security:** Cryptocurrency custody software products are made to secure digital assets and make things easier for holders. It offers reliable security, especially for institutional holders, who hackers heavily target. With the help of these products, businesses can ensure their digital assets are less likely to be stolen or lost.

**Key recovery:** As mentioned above, crypto custody service providers can help investors recover their private keys if lost. This is a major advantage of third-party custody software over self-custody, as in the latter case, a private key is lost forever. The custodian usually has multiple backups of the keys stored in different locations.

**Regulatory requirements:** Several government regulations make it mandatory for institutional investors to store their holdings with custodians. The [Dodd-Frank Act](https://www.sec.gov/spotlight/dodd-frank-act) by the U.S. Securities and Exchange Commission (SEC) mandates that institutional investors who deal with customer assets worth more than $150,000 should store holdings with qualified custodians.

### Who Uses Cryptocurrency Custody Software?

**Institutional Investors:** Financial institutions that deal with customer assets can use crypto custody tools to offload their technical responsibilities around storage and security.

**Individual Investors:** Individual crypto holders can rely on crypto custody software and reduce the likelihood of their assets being stolen or lost.

#### Software Related to Cryptocurrency Custody Software

Related solutions that can be used together with cryptocurrency custody software include:

[Cryptocurrency wallets](https://www.g2.com/categories/cryptocurrency-wallets) **:** Crypto wallets are digital solutions that enable users to store and manage digital assets. In essence, they allow users to store their private keys securely.

[Cryptocurrency exchanges](https://www.g2.com/categories/cryptocurrency-exchanges) **:** Crypto exchanges are platforms for trading cryptocurrency for traditional currencies or other assets.

### Challenges with Cryptocurrency Custody Software

**Identity verification:** Anonymity is one of the key principles of blockchain. However, to meet several compliance requirements, custodians must perform know-your-customer (KYC) procedures. Of course, this process can be completed in a few minutes. But it’s not just the customers who need to be verified—even node operators, who write transactions, should be verified. Users can’t perform any transaction until they prove their identity.

**Lack of control:** A major disadvantage of third-party crypto custody software is that users have no autonomy over their wallets. The custodian has complete control over the assets. They can take several actions, including freezing the stored assets.

### How to Buy Cryptocurrency Custody Software

#### Requirements Gathering (RFI/RFP) for Cryptocurrency Custody Software

The cryptocurrency custody software market is as diverse as it comes. None of the software vendors have a “one-size-fits-all” solution. This is mainly because crypto holders have differing requirements. It’s also because digital currencies are still in the process of being adopted.

The process of buying a cryptocurrency custody solution will be different for individual investors and institutional investors. For individual investors, more emphasis will be on the flexibility and cost-effectiveness of the solution. Whereas for financial institutions, the level of security, availability of integrations, and type of storage will matter more.

This step of understanding what the buyer expects to do with the software product is called requirements gathering. This step can significantly impact the success of the software purchase. Buyers should also have a precise understanding of their budget.

#### Compare Cryptocurrency Custody Software Products

**Create a long list**

Buyers should start their software purchase journey by creating a long list of crypto custody products. At this point, buyers should aim to get a better understanding of the options available instead of trying to find the best solution. This initial list can contain any product that meets the organization&#39;s basic requirements. The key here is to eliminate products that don’t offer critical functionality.

**Create a short list**

Buyers should create a shorter list by eliminating products from the initial long list. This can be done by being more specific with their requirements and removing costlier options.

Depending on the requirements, buyers can check whether the platform supports staking for blockchains like Ethereum, Tezos, or Solana and eliminate products accordingly. Buyers can also check the governance policies of the software vendor, check whether the solution is institutional-grade, and see whether there are multiple storage options available.

**Conduct demos**

Product demos can help buyers effectively compare software products from the short list. Be sure to test the products with the same use cases. Demos are also useful to judge the product&#39;s usability and user experience and check whether the product functions as advertised.

#### Selection of Cryptocurrency Custody Software

**Choose a selection team**

Choosing a crypto custody solution is a critical decision as it directly affects the security of the institutions’ or individuals’ digital assets. Therefore, it’s crucial to have the right people involved in the decision-making process. Relevant stakeholders include financial advisors, fund managers, security teams, and risk analysts.

**Negotiation**

Buyers should try having open conversations with the vendors regarding their requirements. Vendors may offer discounts for multi-year contracts and reduce prices by removing certain optional features.

**Final decision**

It’s advisable to make the final decision by implementing the custody product on a small scale. Buyers can choose to onboard a limited number of assets and see how the solution handles them. If the buyers discover any critical issues or spot undeveloped features, they can take it up with the vendor or re-evaluate their options.




