Anchorage Digital vs Komainu — Head-to-Head Custody Comparison

An independent, data-driven comparison of Anchorage Digital and Komainu across security, insurance, fees, regulatory compliance, and more.

Verdict

Quick Verdict

Anchorage Digital scores 7.9 vs Komainu's 7.0. Anchorage Digital leads in 6 of 8 categories.

Anchorage Digital is better suited for Institutions, Asset managers, Protocol treasuries. Komainu is better suited for Japanese institutions, European institutions, Banks.

7.9

GoodCustody Score

Anchorage Digital

GoodCustody Score

Komainu

Scores

Score Comparison

Weighted scores across all 8 custody criteria.

Criterion	Weight	Anchorage Digital	Komainu	Winner
Security	20%	9.5	8.5	Anchorage Digital
Insurance	15%	8.0	7.0	Anchorage Digital
Regulatory	15%	10.0	8.0	Anchorage Digital
Fee Transparency	10%	4.0	4.5	Komainu
Track Record	15%	8.0	6.5	Anchorage Digital
Withdrawal Flexibility	10%	7.0	6.5	Anchorage Digital
Reporting & Audit	10%	9.0	7.5	Anchorage Digital
Counterparty Diversification	5%	2.0	3.5	Komainu
Overall Score	100%	7.9	7	Anchorage Digital

Visual

Score Radar

Visual overlay of Anchorage Digital and Komainu across all categories.

Anchorage DigitalKomainu

Deep Dive

Category-by-Category Analysis

A deeper look at how each provider performs in every scoring criterion.

Security (9.5 vs 8.5)

Anchorage Digital uses HSM + biometric authentication key management with Majority cold in cold storage and regular penetration testing. Compliance: SOC 2 Type 2. Incident history: No incidents.

Komainu uses Ledger Vault enterprise custody key management with Majority cold in cold storage and regular penetration testing. Compliance: SOC 2. Incident history: No incidents.

Insurance (8.0 vs 7.0)

Anchorage Digital offers Significant coverage (not publicly disclosed) via Major carriers. As an OCC-chartered bank, subject to bank-level regulatory capital requirements.

Komainu offers Institutional coverage via Via Nomura/partners. Backed by Nomura — Japan's largest investment bank.

Regulatory (10.0 vs 8.0)

Anchorage Digital holds OCC National Trust Bank Charter and is a qualified custodian operating in United States. First and only federally chartered crypto bank. Highest level of US regulatory approval for a digital asset custodian.

Komainu holds JFSC registered (Jersey) and is not a qualified custodian operating in Jersey / Asia / Europe. Regulated in Jersey. Nomura provides institutional credibility.

Fee Transparency (4.0 vs 4.5)

Anchorage Digital charges Custom in annual custody fees with Custom per transaction. Fully custom pricing for institutional clients. No self-serve option.

Komainu charges Custom in annual custody fees with Custom per transaction. Nomura + Ledger + CoinShares joint venture.

Track Record (8.0 vs 6.5)

Anchorage Digital was founded in 2017 and is headquartered in San Francisco, CA. AUM: Not publicly disclosed (serves major institutions). Incident history: No incidents.

Komainu was founded in 2018 and is headquartered in St. Helier, Jersey. AUM: Not publicly disclosed. Incident history: No incidents.

Withdrawal Flexibility (7.0 vs 6.5)

Anchorage Digital withdrawal fees: Custom. Minimum account: Institutional only. Supported assets: Bitcoin, Ethereum, Multiple digital assets.

Komainu withdrawal fees: Network fees. Minimum account: Institutional only. Supported assets: Bitcoin, Ethereum, Multiple assets.

Reporting & Audit (9.0 vs 7.5)

Anchorage Digital: SOC compliance is SOC 2 Type 2. As a qualified custodian, it meets SEC reporting requirements.

Komainu: SOC compliance is SOC 2. Not classified as a qualified custodian.

Counterparty Diversification (2.0 vs 3.5)

Anchorage Digital is a qualified custodian provider. Key management: Proprietary HSM-based system with biometric authentication and multi-layer approval workflows..

Komainu is a qualified custodian provider. Key management: Ledger Vault technology with Nomura institutional standards..

Fees

Fee Comparison

Side-by-side fee breakdown for Anchorage Digital and Komainu.

Fee Type	Anchorage Digital	Komainu
Setup Fee	Custom institutional pricing	Custom
Annual Custody	Custom	Custom
Transaction	Custom	Custom
Withdrawal	Custom	Network fees

Anchorage Digital: Fully custom pricing for institutional clients. No self-serve option.

Komainu: Nomura + Ledger + CoinShares joint venture.

Features

Feature Comparison

Checklist of features across both providers.

Feature	Anchorage Digital	Komainu
Advanced governance and approval workflows	✓	✗
Asia/Europe institutional focus	✗	✓
Bank-grade compliance	✗	✓
Biometric authentication	✓	✗
CoinShares crypto expertise	✗	✓
DeFi access from custody	✓	✗
Federally chartered digital asset bank	✓	✗
Governance frameworks	✗	✓
Ledger Vault technology	✗	✓
Nomura-backed	✗	✓
Staking from custody	✓	✗
Trading and settlement	✓	✗

Recommendation

Who Should Choose Which?

Anchorage Digital is better if you…

✓Are a institutions
✓Are a asset managers
✓Are a protocol treasuries
✓Are a government entities
✓Want: Only federally chartered digital asset bank — highest US regulatory status
✓Want: Trusted by Visa, Samsung, and other blue-chip institutions
✓Want: SOC 2 Type 2 compliant

Komainu is better if you…

✓Are a japanese institutions
✓Are a european institutions
✓Are a banks
✓Are a asset managers
✓Want: Nomura backing — tier-1 investment bank
✓Want: Ledger's proven hardware security
✓Want: CoinShares' crypto market expertise

FAQ

Frequently Asked Questions

Is Anchorage Digital or Komainu better for Bitcoin custody?

Anchorage Digital scores 7.9 vs 7.0 in our weighted Custody Score. Anchorage Digital leads in 6 of 8 scoring categories. However, the best choice depends on your specific needs: Anchorage Digital is best for Institutions and Asset managers, while Komainu suits Japanese institutions and European institutions.

What is the difference between Anchorage Digital and Komainu?

Anchorage Digital is a qualified custodian provider, while Komainu is a qualified custodian provider. Anchorage Digital excels in Regulatory, whereas Komainu is strongest in Security.

How do Anchorage Digital and Komainu fees compare?

Anchorage Digital charges Custom annual custody fees with Custom transaction fees. Komainu charges Custom annual custody fees with Custom transaction fees.

Which is more secure, Anchorage Digital or Komainu?

Anchorage Digital scores 9.5/10 for security while Komainu scores 8.5/10. Anchorage Digital uses HSM + biometric authentication key management, and Komainu uses Ledger Vault enterprise custody.