Institutional custody and wallet infrastructure compared on custody model, licensing, insurance disclosures and integrations.
Qualified custodians, MPC wallet platforms and self-custody multisig compared on who signs, what the SEC custody rule and 2025 guidance require, insurance scope, M-of-N failure odds and year-one list cost, with sources checked 1 November 2026.
BitGo, Coinbase Prime and Fidelity Digital Assets compared as qualified custodians: legal entities, audits, insurance, assets, staking and what a custody quote costs, scored on our six weighted criteria and checked on 25 October 2026.
Eight BitGo alternatives, from chartered custodians to MPC wallet platforms, scored against a BitGo benchmark, with BitGo's billing method decoded, Porto's flat fee as implied basis points and year-one self-custody costs, all checked on 25 October 2026.
Fireblocks, Utila and Dfns scored on six weighted criteria, with a diagram of who holds each MPC key share, a volume cost curve and year-one cost in three operating scenarios from public list prices, all checked on 25 October 2026.
Eight institutional MPC wallet providers scored on six weighted criteria, with a key-share placement matrix showing who holds each share and where it runs, and a year-one cost model by wallet count from public list prices, all checked on 25 October 2026.
Nine Fireblocks alternatives, from qualified custodians to MPC wallet platforms, scored on six weighted criteria against a Fireblocks benchmark, with an audit and insurance disclosure matrix and a year-one cost model from public list prices, all checked on 25 October 2026.
BitGo, Anchorage Digital and Fireblocks scored on six weighted criteria, with a legal entity map, audit and insurance disclosure matrix, settlement network comparison and a year-one self-custody cost model from public prices, all checked on 25 October 2026.
Eight institutional crypto custody providers scored on six weighted criteria, with a disclosure matrix of charters, SOC reports, ISO 27001 and stated insurance, year-one MPC platform cost math from public prices and the 2025 SEC trust company letter, all checked on 25 October 2026.