Backed by Fidelity's brand and balance sheet. Regulated. SOC 2 Type 2.
Single custodian. Traditional finance approach to a novel asset class.
1 independent party or system must fail before a Fidelity Digital Assets holder's bitcoin is at risk.
Fidelity Digital Assets's custody insurance is not publicly disclosed.
Fidelity Digital Assets uses a qualified custodian model and scores 76/100 in our independent review, including 80/100 on custody security. One institution can move funds, which is a single point of failure. Safety depends on your priorities; see the full score breakdown above.
Fidelity Digital Assets's custody insurance is not publicly disclosed in a form we can verify. Where it exists, custody insurance covers specific named events up to shared limits and does not cover price loss. Confirm coverage in writing before relying on it.
Because Fidelity Digital Assets holds custody through a single institution, recovery in a failure would run through that institution's bankruptcy or resolution process and depends on whether assets were segregated and properly titled. This is the concentration risk of single-custodian models.
Fidelity Digital Assets does not advertise a dedicated inheritance or beneficiary feature in the data we track. Confirm current options with the provider, since custody inheritance handling changes.