Foundation (Passport) vs Anchorage
Foundation (Passport) vs Anchorage: What the Data Shows
Foundation (Passport) and Anchorage both operate in the dedicated custody space, but they take fundamentally different approaches to how your bitcoin is held. Foundation (Passport) scores 82/100 (A-) versus 69/100 (B-) for Anchorage. The 13-point spread is meaningful — it usually comes down to custody architecture and fee structure.
Where Each Platform Wins
Custody and security — the most heavily weighted category in our methodology at 35% — tilts 10 points toward Foundation (Passport) (85 vs. 75). Foundation (Passport) eliminates single points of failure in its custody architecture, while Anchorage relies on a model where one compromised entity could put your bitcoin at risk. On fees, Foundation (Passport) wins by 25 points. Foundation (Passport) charges ~$200 compared to Custom at Anchorage. Over a multi-year holding period, fee differences compound — a point worth considering for long-term accumulators.
The Custody Question
Here's the key difference: Foundation (Passport) has no single point of failure (Hardware Wallet), while Anchorage does (Crypto-Native Bank). This matters because a single-point-of-failure model means one compromised entity — whether through a hack, insolvency, or government action — could result in total loss of funds. History has proven this risk is not theoretical. FTX, Celsius, and BlockFi all represented single points of failure for their users.
Bottom Line
Foundation (Passport) edges out Anchorage by 13 points. It's a close call, and the right choice depends on your specific situation — how much bitcoin you're holding, how often you need access, and whether you prioritize open source hardware and software. beautiful industrial design. bitcoin-only. over occ-chartered crypto bank. staking, trading, settlement. soc 1 & 2.. Keep in mind these platforms target different audiences — Foundation (Passport) is built for bitcoin purists, while Anchorage serves institutions. One thing to watch with Anchorage: does not use multisig. single institutional custodian..
Which is better, Foundation (Passport) or Anchorage?
Based on our six-category scoring methodology, Foundation (Passport) scores higher at 82/100 compared to 69/100. The biggest differentiator is custody security, which accounts for 35% of the overall score. However, the right choice depends on your individual needs — review the category breakdown above.
Is Foundation (Passport) safe for storing Bitcoin?
Foundation (Passport) scored 85/100 on custody and security in our methodology. It has no single point of failure, distributing custody across multiple entities. Its custody model is classified as Hardware Wallet. Always verify these details and do your own research.
Does Anchorage have a single point of failure?
Yes. Anchorage uses a Crypto-Native Bank model, which means a single compromised entity could put your bitcoin at risk. This is a structural concern for long-term holders.
What are the fees for Foundation (Passport) vs Anchorage?
Foundation (Passport) charges ~$200. Anchorage charges Custom. Foundation (Passport) scored 90/100 on fees versus 65/100 for Anchorage in our methodology.