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PROOFOFCUSTODY

The independent scoring system for Bitcoin custody. Every platform scored and ranked.

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2026 Proof of Custody. Published by Onramp Bitcoin. Editorial Independence.PrivacyTermsproofofcustody.io
Platform Rankings

Proof of Custody Scores

These scores were computed under the previous Features definition, which rewarded product breadth. That category was re-scoped on 23 September 2026 to custody-relevant capability only. Scores recompute under the new definition at the 5 October run, and this note comes down when they do.

Every platform independently scored across six categories. Filter by type, sort by what matters to you, and expand any card for the full breakdown.

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91 platforms
1
90
OnrampADistributed
Multi-Institution Custody · $250/mo
Only platform with multiple regulated custodians and jurisdictions. Inheritance, dynasty trusts, insurance on segregated incidents.
2
89
Onramp FinanceASPOF
Qualified Custodian (BitGo) · 0.59% one-time
Lowest cost one-time buys at 59bps. Earn 3% on cash, 1.5% card rewards, lending available.
3
85
UnchainedA-Distributed
Collaborative Multisig · $250/yr + trading
2-of-3 multisig where client holds 2 keys. Strong inheritance and IRA products. Lending available.
4
84
UnchainedA-Distributed
Collaborative Multisig · 1% + trading spread
Buy directly into collaborative custody. IRA, lending, and inheritance built in.
5
83
Onramp LendingA-Distributed
Multi-Institution Collateral · Varies by loan
Borrow against BTC with multi-institution collateral custody. No rehypothecation.
6
82
CasaA-Distributed
Collaborative Multisig · $30 - $250/yr
Best self-custody UX. Mobile key management. Inheritance protocol.
7
82
Circle (USDC)A-Distributed
Multi-Institution Reserves (BlackRock + BNY Mellon) · Free mint/burn (institutional)
USDC reserves custodied by BlackRock (Circle Reserve Fund) and BNY Mellon. Monthly attestations by Deloitte. Most transparent stablecoin issuer and GENIUS Act ready.
8
82
RiverA-SPOF
Single Custodian · 0% recurring, 1.2% one-time
Zero-fee recurring buys. Lightning withdrawals. Strong research content.
9
81
Foundation (Passport)B+Distributed
Hardware Wallet · ~$200
Open source hardware and software. Beautiful industrial design. Bitcoin-only.
10
81
Unchained IRAB+Distributed
Collaborative Multisig IRA · $250/yr + 1.5% trading
IRA in collaborative multisig. Client holds keys. Tax-advantaged Bitcoin.
11
81
Unchained IRAB+Distributed
Collaborative Multisig IRA · $250/yr + trading
Only IRA where you hold keys. 2-of-3 multisig. Tax-advantaged Bitcoin.
12
80
BlackRock BUIDLB+Distributed
Multi-Institution (BNY Mellon + Securitize) · 0.50% management fee
Largest tokenized treasury fund ($2.5B+). BlackRock as asset manager, Securitize as tokenization agent, BNY Mellon as custodian. Daily NAV. Multi-chain deployment across 7 networks.
13
80
Swan BitcoinB+SPOF
Single Custodian + Vault · 0.99% - 1.49%
IRA offerings. Swan Vault for collaborative custody. Strong educational community.
14
80
Unchained LendingB+Distributed
Collaborative Multisig Collateral · 11-14% APR
Borrow against BTC in collaborative custody. Client holds keys to collateral.
15
79
PaxosB+SPOF
NY Trust Company (State-Regulated) · Custom institutional pricing
NY DFS-regulated trust company. Issues PYUSD for PayPal, USDP, and Pax Gold (PAXG). Monthly attestations by WithumSmith+Brown. Strongest regulatory position of any stablecoin issuer.
16
78
Franklin Templeton BENJIB+SPOF
SEC-Registered Fund (Franklin Templeton) · 0.20% expense ratio
First SEC-registered fund to use public blockchain for share tracking. Franklin OnChain US Government Money Fund accessible via the Benji app. $700M+ AUM. Stellar and Ethereum deployment.
17
78
RelaiB+Distributed
Non-Custodial · 1% - 1.5%
Bitcoin-only. European. Auto-DCA directly to your own wallet.
18
78
SecuritizeB+SPOF
SEC Transfer Agent + FINRA Broker-Dealer · Platform + origination fees
Leading tokenization platform. SEC-registered transfer agent and FINRA broker-dealer. Powers BlackRock BUIDL, Hamilton Lane, KKR tokenized funds. Secondary market trading via Securitize Markets.
19
77
iShares Bitcoin Trust (IBIT)B+SPOF
ETF — Coinbase Custody · 0.25% expense ratio
Largest spot Bitcoin ETF by AUM. BlackRock brand. Deep liquidity.
20
76
BNY MellonBSPOF
World's Largest Custodian Bank · Custom institutional pricing
World's largest custodian bank ($52T+ in assets under custody). Holds USDC cash reserves for Circle. Custodies assets for 11 Bitcoin ETFs. Unmatched regulatory credibility and balance sheet.
21
76
Fidelity Digital AssetsBSPOF
Qualified Custodian · Custom
Backed by Fidelity's brand and balance sheet. Regulated. SOC 2 Type 2.
22
76
Fidelity Wise Origin (FBTC)BSPOF
ETF — Fidelity Self-Custody · 0.25% expense ratio
Fidelity self-custodies BTC. Trusted brand. Integrated with brokerage accounts.
23
76
Ondo FinanceBSPOF
BlackRock BUIDL-Backed (OUSG) + Ankura Trust · 0.15% management fee (OUSG)
OUSG backed by BlackRock BUIDL. USDY is a yield-bearing stablecoin alternative. Multi-chain deployment (Ethereum, Solana, Mantle, Sui, Aptos). Strong DeFi composability. Combined $1B+ TVL.
24
76
Paxos Gold (PAXG)BSPOF
Brink's Vaults + NY DFS Regulated · 0.02% on-chain transfer fee
Each PAXG token backed by one troy ounce of London Good Delivery gold in Brink's vaults. NY DFS regulated. Monthly attestations. Unique: individual bar serial number lookup per token holder.
25
75
Bridge (by Stripe)BSPOF
Stablecoin Orchestration (Stripe-Backed) · API-based pricing
Acquired by Stripe for $1.1B. Stablecoin orchestration layer powering cross-border payments, on/off-ramps, and stablecoin issuance for enterprises. Developer-first API design.
26
74
BitGoBSPOF
Qualified Custodian (Multi-Sig) · Custom institutional pricing
Qualified custodian with multi-sig architecture. $250M insurance policy. Custodies stablecoin reserves and provides settlement infrastructure. Used by stablecoin issuers and exchanges.
27
74
Bitwise Bitcoin ETF (BITB)BSPOF
ETF — Coinbase Custody · 0.20% expense ratio
Crypto-native issuer. Transparent on-chain proof of reserves. Competitive fees.
28
74
Fidelity CryptoBSPOF
Single Custodian · 1% spread
Trusted brand. Integrated with existing Fidelity accounts.
29
74
StrikeBSPOF
Single Custodian · ~0.3% spread
Near-zero fees on some purchases. Lightning-native. Simple DCA.
30
73
Choice by Kingdom TrustBSPOF
Qualified Custodian IRA · 1% annual + trading
Regulated IRA custodian. Bitcoin + alts. Roth and Traditional.
31
73
Choice by Kingdom TrustBSPOF
Qualified Custodian IRA · 1% annual + trading
Regulated IRA custodian. Bitcoin + alts. Roth and Traditional.
32
73
PayPal (PYUSD)BSPOF
Paxos-Issued, PayPal-Distributed · Free PayPal-to-PayPal transfers
PYUSD issued by Paxos under NY DFS regulation. Monthly attestations. Distributed through PayPal and Venmo to 400M+ users. Largest fintech stablecoin by distribution reach.
33
71
Anchorage DigitalB-SPOF
OCC-Chartered Crypto Bank · Custom institutional pricing
First OCC-chartered crypto bank. Custodies stablecoin reserves for multiple issuers. SOC 1 & 2 compliant. Banking-grade custody infrastructure for digital assets.
34
71
BitGoB-SPOF
Qualified Custodian · Custom
Qualified custodian. Hot, warm, and cold wallet options. $250M insurance.
35
71
TrezorB-Distributed
Hardware Wallet · ~$70 - $180
Pioneer hardware wallet. Open source. User-friendly. Broad coin support.
36
70
ARK 21Shares (ARKB)B-SPOF
ETF — Coinbase Custody · 0.21% expense ratio
Cathie Wood/ARK branding. Lower expense ratio. Innovation-focused audience.
37
70
Bitcoin WellB-Distributed
Non-Custodial · ~1.5% - 2%
Non-custodial Bitcoin buying in Canada. Auto-DCA. Bill pay with BTC.
38
70
DebifiB-Distributed
Multisig Collateral · Varies by lender
P2P BTC-backed loans. Multisig escrow. No KYC required.
39
70
Franklin Bitcoin ETF (EZBC)B-SPOF
ETF — Coinbase Custody · 0.19% expense ratio
Franklin Templeton brand. Among lowest expense ratios. Established asset manager.
40
70
Ripple (RLUSD)B-SPOF
NY DFS-Approved Stablecoin · Competitive institutional pricing
NY DFS-approved stablecoin launched December 2024. Reserves in USD deposits and short-term US Treasuries. Monthly attestations. Available on XRPL and Ethereum.
41
70
Strike (Global)B-SPOF
Custodial · ~0.3% spread
Global remittances. Near-zero fee BTC buys. Lightning-native.
42
70
SygnumB-SPOF
Regulated Bank · Custom
Swiss banking license. Tokenization services. Regulated digital asset bank.
43
69
AnchorageB-SPOF
Crypto-Native Bank · Custom
OCC-chartered crypto bank. Staking, trading, settlement. SOC 1 & 2.
44
69
Cash AppB-SPOF
Single Custodian · ~1.5% - 2.2%
Easiest onboarding. Auto-invest feature. Lightning withdrawals.
45
69
Grayscale Bitcoin Mini (BTC)B-SPOF
ETF — Coinbase Custody · 0.15% expense ratio
Lowest expense ratio among spot BTC ETFs. Spin-off from GBTC.
46
69
Swan IRAB-SPOF
Custodial IRA · 1% trading + 0.02%/mo (min $20)
Simple Bitcoin IRA setup. Swan brand trust. Auto-DCA into IRA.
47
69
VanEck Bitcoin ETF (HODL)B-SPOF
ETF — Gemini Custody · 0.20% expense ratio
VanEck brand. Gemini as custodian (not Coinbase). Competitive fees.
48
68
CopperB-SPOF
MPC + ClearLoop · Custom
Off-exchange settlement via ClearLoop. MPC technology.
49
68
Swan IRAB-SPOF
Custodial IRA · 0.99% + custody
Simple Bitcoin IRA setup. Swan brand trust. Auto-DCA into IRA.
50
67
KrakenB-SPOF
Single Custodian · 0.16% - 0.26%
Competitive fees. Proof of reserves published. Strong security track record.
51
66
Broad FinancialC+Distributed
Checkbook Control IRA · $400/yr + setup
Checkbook control SDIRA. Hold BTC in personal wallet via IRA LLC. Full control.
52
66
FireblocksC+SPOF
MPC Custody Infrastructure · Custom SaaS pricing
MPC-based custody infrastructure used by 1,800+ institutions. Powers stablecoin custody for multiple issuers and custodians. Broadest DeFi connectivity of any infrastructure provider.
53
65
GeminiC+SPOF
Single Custodian · 0.5% - 1.49%
SOC 2 certified. New York regulated. Insurance on hot wallet.
54
65
iTrust CapitalC+SPOF
Custodial IRA · 1% per trade, $0 annual
Crypto IRA with 30+ assets. 24/7 trading. Roth and Traditional.
55
65
Xapo BankC+SPOF
Licensed Bank · 0.1% BTC buy/sell
Gibraltar-licensed bank. USD interest + BTC exposure. Debit card.
56
64
Bitcoin SuisseC+SPOF
Regulated Custodian · Custom
Swiss pioneer in crypto financial services. Staking, trading, custody.
57
64
CoinbaseC+SPOF
Single Custodian · 0.5% - 3.99%
Most user-friendly. Broadest crypto selection. Public company with regulatory clarity.
58
64
ShakepayC+SPOF
Single Custodian · ~1.5% spread
Canadian Bitcoin app. Shake for sats feature. Visa card with BTC rewards.
59
64
Tether Gold (XAUT)C+SPOF
Swiss Vault Custody (Tether-Managed) · 0.25% creation fee
Each XAUT token represents ownership of one troy ounce of London Good Delivery gold stored in Swiss vaults. Available on Ethereum and Tron. Redeemable for physical gold delivery.
60
64
Zodia CustodyC+SPOF
Single Custodian · Custom
Backed by Standard Chartered and Northern Trust.
61
63
FireblocksC+SPOF
MPC Technology · Custom
Multi-party computation infrastructure. 1,800+ institutions. Broad DeFi connectivity.
62
62
FoldC+SPOF
Single Custodian · Free card; spin fees
Bitcoin-back debit card. Daily spin rewards. Round-up purchases.
63
62
Gemini CustodyC+SPOF
Qualified Custodian · 0.40% annual
SOC 2 certified. New York trust company. Insurance on assets.
64
62
Invesco Galaxy (BTCO)C+SPOF
ETF — Coinbase Custody · 0.25% expense ratio
Invesco + Galaxy Digital partnership. Established asset manager.
65
62
LednC+SPOF
Single Custodian · Varies by product
BTC-backed loans. B2X product to double BTC exposure. Proof of reserves.
66
62
Tether (USDT)C+SPOF
Single Custodian (Cantor Fitzgerald) · 0.1% redemption fee
Largest stablecoin by market cap ($145B+). Deepest liquidity across all exchanges and chains. Dominant in emerging market remittance and trading.
67
61
Coinbase CustodyCSPOF
Single Custodian · 0.50% annual + setup
Largest custodian by assets. Qualified custodian. ETF custody provider.
68
61
Hodl HodlCDistributed
Multisig Escrow · 0.5-0.6% per trade
P2P Bitcoin trading. Multisig escrow. No KYC. Global.
69
61
Valkyrie Bitcoin (BRRR)CSPOF
ETF — Coinbase Custody · 0.25% expense ratio
Crypto-focused issuer. Now under CoinShares brand.
70
60
Bitcoin IRACSPOF
Custodial IRA · 2% per trade + 0.08%/mo
First Bitcoin IRA platform. Insurance on assets. Simple setup.
71
60
BitrefillCSPOF
Non-Custodial Spending · Varies by card
Buy gift cards with Bitcoin. Lightning payments. Live on Bitcoin.
72
60
Hashdex Bitcoin ETF (DEFI)CSPOF
ETF — BitGo Custody · 0.90% expense ratio
Defunct — delisted 24 Aug 2026 (SEC Form 25-NSE). Historical record.
73
60
WisdomTree Bitcoin (BTCW)CSPOF
ETF — Coinbase Custody · 0.25% expense ratio
WisdomTree expertise in commodity ETFs. Familiar structure.
74
59
Arch (Bitcoin-Backed Loans)CSPOF
Qualified Custodian Collateral · 7-12% APR
Institutional BTC lending. Qualified custodian holds collateral. Low LTV options.
75
59
LedgerCDistributed
Hardware Wallet · ~$80 - $280
Most popular hardware wallet globally. Broad app ecosystem.
76
58
Alto IRACSPOF
Custodial IRA · 1% per trade + $10/mo
Crypto IRA alongside alternative investments. Simple interface.
77
58
ColdcardCDistributed
Hardware Wallet · ~$150 one-time
Air-gapped signing. Open source firmware. Most security-focused hardware wallet.
78
58
Swan ForceCSPOF
Custodial · Employer plan fees
Bitcoin benefits for employees. Employer-sponsored DCA. 401k integration.
79
57
Strike RewardsCSPOF
Custodial · Free
Earn BTC rewards on paycheck deposits. Simple and automatic.
80
56
LolliC-SPOF
Single Custodian · Free; cashback %
Bitcoin cashback on online shopping. Browser extension. 1,000+ merchants.
81
55
BitIRAC-SPOF
Cold Storage IRA · High (setup + annual)
Cold storage IRA. Insurance through Lloyd's. Physical security emphasis.
82
54
Grayscale Bitcoin Trust (GBTC)C-SPOF
ETF — Coinbase Custody · 1.50% expense ratio
Longest-running BTC fund. Converted from trust to ETF. Deep brand recognition.
83
54
RobinhoodC-SPOF
Single Custodian · ~0.5% spread
Commission-free trading. Familiar interface for stock investors.
84
53
NexoC-SPOF
Single Custodian · Varies by tier
Earn interest on BTC. Borrow against crypto. Insurance on custodial assets.
85
51
eToroC-SPOF
Single Custodian · 1% + spread
Social trading features. Copy trading functionality.
86
50
Binance USC-SPOF
Single Custodian · 0.1% - 0.6%
Low trading fees. Deep liquidity on available pairs.
87
50
Speed (Bitcoin Wallet)C-SPOF
Custodial Lightning · 1% processing
Bitcoin payment processing. Lightning-native. POS integration.
88
49
Coinbase EarnC-SPOF
Single Custodian · Variable yield
Simple earn interface. Integrated with Coinbase account.
89
49
SALT LendingC-SPOF
Single Custodian · Varies by LTV
One of the earliest crypto lenders. Multiple collateral types.
90
43
PayPalC-SPOF
Single Custodian · 1.5% - 2.3%
Massive existing user base. Simple interface.
91
10
BottlepayC-SPOF
Single Custodian · ~1% spread
Defunct — closed 24 July 2023 (operator notice). Historical record.