BeInCrypto longlists 15 custody firms for Institutional 100
BeInCrypto named 15 custody providers to its Institutional 100 longlist; shortlist due May 2026 and winner announced at Proof of Talk in Paris June 2–3, 2026.
BeInCrypto has placed 15 custody providers on the longlist for its Institutional 100 “Best Custody Provider” award. The shortlist will be published in May 2026 and the winner will be revealed at the Proof of Talk conference in Paris on June 2–3, 2026.
The award is part of BeInCrypto’s Institutional 100 program under Pillar 2: Capital Markets & Infrastructure. The longlist was drawn from more than 30 qualified custodians and custody platforms. Fifteen firms advanced after a screening that combined quantitative data and Expert Council assessment.
Scoring allocated 50% weight to quantitative metrics and 50% to Expert Council judgment. Evaluators assessed regulator-recognized custodian status, assets under custody, institutional client base, audit and regulatory posture, product breadth, cross-jurisdiction reach, settlement innovation and industry reputation. Data verification used national and regional regulator registers and filings including OCC national trust approvals, NYDFS trust and BitLicense registers, FCA, FINMA, BaFin, MAS and MiCA-CASP records, Jersey FSC entries, audited financial statements and company disclosures. Private-market sources included PitchBook, Tracxn and Crunchbase. Figures reflect the most recent available data at the time of publication.
The firms on the longlist represent a mix of federally chartered U.S. crypto banks, NYDFS trust companies, multi-party computation platforms, bank-backed joint ventures, APAC-regulated custodians, exchange-parent custody arms and off-exchange settlement networks. The 15 named firms are Anchorage Digital, Coinbase Custody, BitGo, Fidelity Digital Assets NA, BNY, Fireblocks, Ripple Custody (formerly Metaco), Sygnum, Komainu, Zodia Custody, Crypto Finance Group, Hex Trust, Copper, Ceffu and Bakkt Trust.
Several longlisted firms hold regulatory approvals or filings that support institutional use. Anchorage Digital is listed as the first federally chartered U.S. crypto bank and operates the Atlas Settlement Network. Coinbase Custody serves as the primary custodian for several spot Bitcoin ETFs and is reported to handle more than 80% of U.S. Bitcoin ETF assets routed through its services. BitGo completed a public listing in January 2026 and reports over $104 billion in assets under custody.
Fireblocks described more than 2,400 institutional clients and reported over $4 trillion in annual digital asset transfers in 2025. Fidelity Digital Assets received an OCC charter in December 2025 and provides custody for Fidelity tokenized products while outlining plans for staking and stablecoin services. BNY has offered live BTC and ETH custody since 2022 and operates within an OCC-regulated bank framework.
Other longlisted entries include Standard Chartered-backed Zodia Custody, Deutsche Börse–majority-owned Crypto Finance Group, APAC-focused Hex Trust, off-exchange settlement participants Copper and ClearLoop integrations, Jersey-based Komainu joint venture arrangements, Lithuania-based Ceffu’s institutional MPC services and NYDFS-regulated Bakkt Trust.
BeInCrypto notes that firms primarily focused on stablecoin issuance are evaluated in separate categories of the Institutional 100. The shortlist announcement in May 2026 will narrow the field before the award presentation in Paris on June 2–3, 2026.
