Foundation (Passport) vs Anchorage Digital
Foundation (Passport) vs Anchorage Digital: What the Data Shows
Foundation (Passport) (dedicated custody) and Anchorage Digital (stablecoin-custody) serve different corners of the Bitcoin ecosystem, but the question that matters most is the same: who controls the keys? Foundation (Passport) scores 82/100 (A-) versus 70/100 (B-) for Anchorage Digital. The 12-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 13 points toward Foundation (Passport) (85 vs. 72). Foundation (Passport) eliminates single points of failure in its custody architecture, while Anchorage Digital relies on a model where one compromised entity could put your bitcoin at risk. On fees, Foundation (Passport) wins by 30 points. Foundation (Passport) charges ~$200 compared to Custom institutional pricing at Anchorage Digital. 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 Digital does (OCC-Chartered Crypto 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 Digital by 12 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 first occ-chartered crypto bank. custodies stablecoin reserves for multiple issuers. soc 1 & 2 compliant. banking-grade custody infrastructure for digital assets.. Keep in mind these platforms target different audiences — Foundation (Passport) is built for bitcoin purists, while Anchorage Digital serves institutions & stablecoin issuers. One thing to watch with Anchorage Digital: does not use multisig — relies on proprietary key management. single institutional custodian. premium pricing limits access. occ charter is novel and untested in stress scenarios..
Which is better, Foundation (Passport) or Anchorage Digital?
Based on our six-category scoring methodology, Foundation (Passport) scores higher at 82/100 compared to 70/100. 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 Digital have a single point of failure?
Yes. Anchorage Digital uses a OCC-Chartered Crypto 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 Digital?
Foundation (Passport) charges ~$200. Anchorage Digital charges Custom institutional pricing. Foundation (Passport) scored 90/100 on fees versus 60/100 for Anchorage Digital in our methodology.