Worried about your digital assets’ security?
As your crypto portfolio grows, relying on outdated or in-house custody solutions introduces significant operational and legal risks you can’t afford.
A single security breach could not only wipe out assets but also permanently damage your firm’s reputation and investor trust.
The challenge is magnified by the sheer number of providers. It’s difficult to separate robust security architecture from clever marketing fluff when making such a high-stakes decision.
The right software helps you exceed compliance and security standards, giving you the confidence to scale your digital asset operations securely.
In this article, I’ll review the best cryptocurrency custody software. I’ll focus on platforms that offer institutional-grade security, streamlined control, and clear compliance pathways.
You’ll learn how to vet providers effectively and choose a solution that minimizes risk while unlocking your firm’s strategic growth potential.
Let’s get started.
Quick Summary:
| # | Software | Rating | Best For |
|---|---|---|---|
| 1 | BitGo → | Large institutional investors | |
| 2 | Fireblocks → | Enterprises scaling crypto ops | |
| 3 | Openware → | Custom exchange developers | |
| 4 | Cobo → | Institutional & growth firms | |
| 5 | Venly → | Web3 startups & developers |
1. BitGo
Worried about secure digital asset control?
BitGo offers qualified custody, hot wallets, and cold wallets, addressing your need for advanced security. This means you can overcome the challenges of current in-house solutions.
Their regulated and audited qualified custody, coupled with up to $250M in insurance, minimizes operational and reputational risks, giving you confidence.
Discover how BitGo simplifies security.
BitGo solves your security concerns with wallet services that include battle-tested technology for both hot and cold storage, ensuring your assets are protected. Their prime services also offer seamless access to liquidity and capital, allowing you to easily transfer fiat and digital assets for flexible portfolio management.
You can also leverage the Go Network for instant, 24/7 USD and digital asset settlement with leading institutions, safeguarding against counterparty risk by separating custody and trading for enhanced security. Additionally, BitGo provides comprehensive developer tooling and 24/7 global customer support, ensuring you have the resources and assistance needed to confidently deploy digital assets at scale and maximize your strategic growth.
The result is peace of mind and strategic growth.
Key features:
- Secure Wallet Services: Offers qualified, hot, and cold custody with battle-tested security and up to $250M in insurance, crucial for protecting your digital assets.
- Prime & Financial Services: Provides seamless access to liquidity, competitive pricing for trading, and collateral management, enabling efficient deployment of your digital assets.
- Global Settlement Network: Enables instant 24/7 settlement of USD and digital assets while securing them in regulated custody, reducing counterparty risk for your firm.
BitGo features, pricing, & alternatives →
Verdict: BitGo is demonstrably an excellent choice for the best cryptocurrency custody software, with battle-tested security and comprehensive solutions like qualified custody and the Go Network, trusted by over 1,500 institutions and the FTX Bankruptcy Estate, securing $100B in assets.
2. Fireblocks
Struggling with digital asset security and compliance?
Fireblocks offers battle-tested multi-layer security, including MPC technology, allowing you to secure and custody digital assets at scale. This means you can confidently manage crypto operations.
You can protect your operational flows with their Governance and Policy Engine, ensuring unrivaled security for your crypto assets and operations. This minimizes risk and provides peace of mind.
It’s time to scale with confidence.
Fireblocks provides a robust digital asset infrastructure that is built for scale and trusted for security, offering solutions for custody and treasury management. This means you can automate operations for your digital assets.
They also offer Wallet-as-a-Service to protect, scale, and optimize your crypto wallets, and end-to-end payments to enable faster, safer global stablecoin transactions. Additionally, their integrated AML, KYT, and Travel Rule features meet regulatory standards with built-in compliance.
You can connect to the entire digital asset ecosystem through the Fireblocks Network, expanding the reach of global payments with stablecoins. This allows you to tokenize assets with confidence and automate daily operations, ensuring your business operates with future-proof confidence.
Unlock strategic growth for your firm.
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Key features:
- Secure Digital Asset Custody: Protect your crypto assets and operations with unparalleled multi-layer security, including MPC technology, to safely store and manage your digital assets.
- Automated Treasury Management: Automate daily operations and control your assets with confidence, ensuring secure and efficient management of your entire digital asset portfolio.
- Built-in Regulatory Compliance: Meet regulatory standards through integrated AML, KYT, and Travel Rule solutions, ensuring your operations remain compliant and minimize legal risks.
Fireblocks features, pricing, & alternatives →
Verdict: Fireblocks is designed as the best cryptocurrency custody software, directly addressing your challenges in compliance, advanced security, and streamlined digital asset control. With its battle-tested security and integrated compliance features, you can minimize operational, legal, and reputational risks. Their platform, trusted by over 2000 customers and securing 300 million wallets, ensures secure asset recovery and unlocks strategic growth by confidently deploying digital assets at scale.
3. Openware
Worried about complex crypto custody software?
Openware’s OpenDAX Aurora is designed to simplify the heavy lifting of software development, letting you focus on revenue generation.
This means you can say goodbye to information overload and uncertainty, empowering you to securely scale your digital asset operations.
So, how does Openware help?
Openware simplifies launching crypto exchanges by providing a robust, battle-tested, and ultra-fast stack with built-in liquidity. You get full control over a highly sophisticated backend and the flexibility to create your own UI/UX.
Additionally, OpenFinex’s high-performance trading engine can handle millions of trades per second, ensuring your operations run smoothly and efficiently. This eliminates concerns about slow transactions or system bottlenecks. Plus, you can choose from OpenDAX’s ready-built integrations with Tier 1 liquidity providers, streamlining your operations from day one.
The result is a competitive edge.
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Key features:
- Fully customizable UI: Gain complete control over your user interface and experience, allowing for tailored branding and user flows on a sophisticated backend.
- Ultra-fast trading engine: Leverage OpenFinex’s high-performance engine, capable of handling millions of trades per second for seamless and rapid execution.
- Built-in liquidity: Access OpenDAX’s ready-built integrations with Tier 1 liquidity providers, ensuring robust and immediate market depth for your operations.
Openware features, pricing, & alternatives →
Verdict: Openware stands out as a strong candidate for the best cryptocurrency custody software, particularly for those needing high performance and customizability. Its battle-tested technology and integrated third-party services, including custody and KYC/AML, address key operational and security challenges, making it an excellent choice for secure digital asset deployment.
4. Cobo
Struggling with digital asset security and compliance?
Cobo offers a unified platform for managing digital assets, combining custodial and MPC wallets with extensive chain coverage. This means your firm gets robust security without compromising operational efficiency.
For CIOs and crypto asset managers, this directly addresses the high stakes of protecting billions in assets and meeting strict compliance demands. Cobo simplifies your path to secure growth.
Need a trusted custody partner?
Cobo provides bank-grade architecture for both custodial and MPC wallets, utilizing HSMs and Intel® SGX for hardware isolation. This ensures your assets are protected by tamper-proof signing within Trusted Execution Environments.
Additionally, with 24/7 monitoring, real-time alerting, and integrated AML/KYT with top-tier partners like Chainalysis, Cobo offers comprehensive protection. You can also enforce granular policy controls for audit-ready operations. Plus, their Wallet-as-a-Service allows you to launch faster with battle-tested infrastructure, supporting 80+ chains and 3,000+ tokens.
You’ll unlock strategic growth.
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Key features:
- Unified Custody Platform: Manage digital assets confidently using a single platform that supports both Custodial and MPC Wallets with wide chain coverage.
- Bank-Grade Security: Benefit from hardware-based isolation using HSMs and Intel® SGX for custodial wallets, plus distributed TSS nodes in TEEs for MPC.
- Compliance & Control: Achieve regulatory readiness with SOC 2 Type II certification, ISO 27001 compliance, integrated AML/KYT, and a customizable policy engine.
Cobo features, pricing, & alternatives →
Verdict: Cobo stands out as the best cryptocurrency custody software for institutional investors and growth-stage firms because of its robust, bank-grade security architecture, comprehensive compliance features, and unified platform. With 8 years of zero breaches and support for 3,000+ tokens across 80+ chains, Cobo minimizes operational and legal risks while enabling confident digital asset deployment at scale.
5. Venly
Struggling to secure your firm’s digital assets at scale?
You need a solution that simplifies complex blockchain integration, offering secure wallet solutions via API or widget. This means you can onboard users in seconds, transforming a significant operational hurdle into a streamlined process. It empowers your team to deploy digital assets with confidence.
So, how can you achieve this seamlessly?
Venly provides powerful APIs for secure digital asset custody, handling the heavy lifting of Web3 infrastructure. This empowers your team to focus on core product development rather than complex blockchain backends. You can integrate multi-chain components with ease, including Wallets as a Service API for effortless user onboarding, and NFT and Token APIs for simplified asset management. Additionally, Venly offers payments API to enable fiat-to-crypto and NFT transactions directly on your platform. Plus, battle-tested reliability with 99.99% uptime ensures smooth operations, reducing your [operational and reputational risks] significantly.
Confidently scale your digital asset strategy.
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Key features:
- Wallets as a Service API: Securely integrate digital wallets into your platform via API or widget, allowing for quick user onboarding and streamlined asset management.
- NFT & Token APIs: Simplify the creation, minting, tracking, and management of both ERC20 tokens and NFTs across various blockchains.
- Payments API & Integrations: Enable seamless fiat-to-crypto and NFT payments, integrating with industry leaders like Shopify, Stripe, and Zapier for extensive automations.
Venly features, pricing, & alternatives →
Verdict: Venly stands out as a leading contender for the title of best cryptocurrency custody software, particularly for firms seeking to minimize operational risks and scale confidently. Its robust APIs for wallets, NFTs, and tokens, coupled with secure payment solutions and battle-tested reliability, provide the core infrastructure needed to confidently deploy digital assets at scale.
6. Anchorage Digital
Is your crypto custody software holding back growth?
As a CIO or operations lead, you need a solution addressing compliance, advanced security, and seamless digital asset control.
Anchorage Digital delivers this through its unrivaled regulatory protections, including being the only U.S. federally chartered crypto bank.
This is your path to secure, strategic growth.
Anchorage Digital tackles your pain points head-on by offering fully integrated solutions. You can safely participate in digital asset markets from custody to trading and staking, all within a proven security architecture.
Anchorage Digital sets the standard for custody, safeguarding your crypto and USD through a trusted, qualified custodian. Additionally, you can earn rewards by staking assets like Ethereum and Solana directly from secure custody, choosing any validator with flexible delegation. Plus, Porto by Anchorage Digital offers institutional self-custody with web3 access and same-day onboarding for all ERC-20s, SPLs, and select EVM chains.
This means minimizing your operational and legal risks.
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Key features:
- Unrivaled regulatory protection: Operate with confidence as the only U.S. federally chartered crypto bank and multiple international licenses.
- Fully integrated offerings: Manage trading, settlement, custody, staking, and DeFi participation from a single, secure platform.
- Institutional self-custody: Leverage Porto for full web3 access to ERC-20s, SPLs, and EVM chains with rapid onboarding.
Anchorage Digital features, pricing, & alternatives →
Verdict: For institutional investors and growth-stage firms demanding unparalleled security and regulatory adherence, Anchorage Digital stands out as the best cryptocurrency custody software. Its comprehensive platform, backed by its status as the only U.S. federally chartered crypto bank, ensures you can confidently deploy digital assets at scale.
7. Copper
Struggling to secure your firm’s digital assets?
Copper offers institutional custody and prime services, helping you manage and safeguard your firm’s crypto holdings with confidence. This means you can mitigate operational risks and maintain compliance.
Copper’s secure MPC custody architecture allows you to build more secure ETPs for your clients, ensuring your assets are protected while enabling strategic growth.
It’s time for a robust solution.
Copper provides secure digital asset custody, offering prime services and collateral management to address your firm’s specific needs. ClearLoop, their off-exchange settlement solution, allows you to trade freely on centralized exchanges without moving your assets from Copper’s secure custody. This is critical for institutional investors to mitigate exchange counterparty risk. Additionally, their scalable and custodian-agnostic Copper Network provides a secure infrastructure to scale your operations, helping you access greater liquidity across various exchanges. Plus, Copper’s Agency Lending safeguards your digital assets during lending, protecting your investments.
This robust infrastructure helps you confidently deploy digital assets at scale.
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Key features:
- Secure MPC custody: Safeguard your digital assets and mitigate exchange counterparty risk through off-exchange settlement solutions like ClearLoop.
- Institutional prime services: Manage collateral, access deep market liquidity, and secure lending for digital assets to support your growth strategies.
- Scalable settlement network: Utilize a custodian-agnostic network to scale operations and access liquidity across a growing number of exchanges.
Copper features, pricing, & alternatives →
Verdict: For growth-stage firms and institutional investors seeking the best cryptocurrency custody software, Copper’s blend of secure MPC custody, prime services, and collateral management ensures robust protection and strategic deployment of digital assets. Trusted by over 1,000 organizations, it’s a strong solution for managing complex treasury operations securely.
8. Gemini
Worried about digital asset security and compliance?
Gemini steps in as a full-reserve and highly-regulated cryptocurrency exchange and custodian. This means you gain a trusted platform focused on strong security controls.
Your firm can confidently navigate the complex world of digital assets, addressing key concerns around technical features, regulatory must-haves, and vetting security claims.
Here’s how Gemini makes it happen.
Gemini solves the challenge of secure digital asset control through its institutional custody solutions. You can store and manage digital assets on behalf of clients.
This allows your team to confidently deploy digital assets at scale, minimizing operational, legal, and reputational risks. Gemini has been certified, regulated, and licensed since day one, prioritizing the security of your assets. You’re getting a platform built on strong security standards.
Additionally, Gemini provides robust security features like hardware security keys for the strongest account protection, mandatory two-factor authentication, and “Approved Addresses” to ensure you always know where your crypto is. This suite of features helps you achieve secure asset recovery and strategic growth.
It’s a safe place for your crypto.
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Key features:
- Highly Regulated and Certified: Gemini operates under numerous global licenses, including ISO/IEC 27001:2013, SOC 1 Type 2, and SOC 2 Type 2 certifications, ensuring top-tier compliance and security.
- Robust Security Protocols: Benefit from advanced security measures like hardware security key support, mandatory Two-Factor Authentication (2FA), and Approved Addresses for controlled crypto withdrawals.
- Institutional Custody Solutions: Designed to help you store and manage digital assets securely on behalf of clients, supporting strategic growth and confident deployment of digital assets at scale.
Gemini features, pricing, & alternatives →
Verdict: For CIOs and crypto asset managers seeking demonstrably compliant and secure solutions, Gemini emerges as a strong contender for best cryptocurrency custody software. Its commitment to regulation and comprehensive security features ensures your digital assets are protected, offering peace of mind and supporting strategic growth.
Conclusion
Secure digital asset growth is crucial.
Choosing the right custody provider is overwhelming. It’s tough to distinguish robust security from clever marketing fluff in such a high-stakes decision for your firm.
A single misstep can expose your firm to significant operational and legal risks. This can permanently damage your reputation and erode the trust you’ve built with your institutional investors and key stakeholders.
Here’s what I recommend.
From my review, BitGo stands out as the clear winner. It directly addresses the need for institutional-grade security and a clear, regulated compliance pathway for growth-stage firms.
For additional insights into critical regulatory needs, my analysis of Best HIPAA Compliance Software provides valuable perspectives on automating risk assessments.
I was particularly impressed by their battle-tested security, trusted by over 1,500 institutions and the FTX Bankruptcy Estate. Using the best cryptocurrency custody software like BitGo ensures confident scaling.
I encourage you to visit the BitGo website to see how their qualified custody and extensive insurance coverage can protect your firm’s assets.
You’ll gain true peace of mind.
