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

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

Verdict

Quick Verdict

Anchorage Digital scores 7.9 vs Zodia Custody's 7.2. Anchorage Digital leads in 5 of 8 categories.

Anchorage Digital is better suited for Institutions, Asset managers, Protocol treasuries. Zodia Custody is better suited for Banks, Asset managers, Institutions.

7.9

GoodCustody Score

Anchorage Digital

7.2

GoodCustody Score

Zodia Custody

Scores

Score Comparison

Weighted scores across all 8 custody criteria.

Criterion	Weight	Anchorage Digital	Zodia Custody	Winner
Security	20%	9.5	8.5	Anchorage Digital
Insurance	15%	8.0	7.5	Anchorage Digital
Regulatory	15%	10.0	8.5	Anchorage Digital
Fee Transparency	10%	4.0	5.0	Zodia Custody
Track Record	15%	8.0	6.5	Anchorage Digital
Withdrawal Flexibility	10%	7.0	7.0	Tie
Reporting & Audit	10%	9.0	8.0	Anchorage Digital
Counterparty Diversification	5%	2.0	3.0	Zodia Custody
Overall Score	100%	7.9	7.2	Anchorage Digital

Visual

Score Radar

Visual overlay of Anchorage Digital and Zodia Custody across all categories.

Anchorage DigitalZodia Custody

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.

Zodia Custody uses Institutional cold storage key management with Majority cold in cold storage and regular penetration testing. Compliance: SOC 2 Type 2. Incident history: No incidents.

Insurance (8.0 vs 7.5)

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

Zodia Custody offers Institutional coverage via parent companies via Via Standard Chartered/Northern Trust. Backed by two of the world's largest financial institutions.

Regulatory (10.0 vs 8.5)

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.

Zodia Custody holds FCA registered (UK) and is not a qualified custodian operating in United Kingdom / Global. FCA registered. Backed by Standard Chartered and Northern Trust.

Fee Transparency (4.0 vs 5.0)

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

Zodia Custody charges Custom in annual custody fees with Custom per transaction. Backed by Standard Chartered and Northern Trust.

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.

Zodia Custody was founded in 2020 and is headquartered in London, UK. AUM: Not publicly disclosed. Incident history: No incidents.

Withdrawal Flexibility (7.0 vs 7.0)

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

Zodia Custody withdrawal fees: Network fees. Minimum account: Institutional only. Supported assets: Bitcoin, Ethereum, Multiple digital assets.

Reporting & Audit (9.0 vs 8.0)

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

Zodia Custody: SOC compliance is SOC 2 Type 2. Not classified as a qualified custodian.

Counterparty Diversification (2.0 vs 3.0)

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

Zodia Custody is a qualified custodian provider. Key management: Institutional custody backed by Standard Chartered and Northern Trust..

Fees

Fee Comparison

Side-by-side fee breakdown for Anchorage Digital and Zodia Custody.

Fee Type	Anchorage Digital	Zodia Custody
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.

Zodia Custody: Backed by Standard Chartered and Northern Trust.

Features

Feature Comparison

Checklist of features across both providers.

Feature	Anchorage Digital	Zodia Custody
Advanced governance and approval workflows	✓	✗
Biometric authentication	✓	✗
DeFi access	✗	✓
DeFi access from custody	✓	✗
FCA registered	✗	✓
Federally chartered digital asset bank	✓	✗
Institutional-grade security	✗	✓
Northern Trust partnership	✗	✓
Staking from custody	✓	✗
Staking services	✗	✓
Standard Chartered backed	✗	✓
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

Zodia Custody is better if you…

✓Are a banks
✓Are a asset managers
✓Are a institutions
✓Are a family offices
✓Want: Backed by Standard Chartered — tier-1 bank pedigree
✓Want: Northern Trust partnership
✓Want: FCA registered

FAQ

Frequently Asked Questions

Is Anchorage Digital or Zodia Custody better for Bitcoin custody?

Anchorage Digital scores 7.9 vs 7.2 in our weighted Custody Score. Anchorage Digital leads in 5 of 8 scoring categories. However, the best choice depends on your specific needs: Anchorage Digital is best for Institutions and Asset managers, while Zodia Custody suits Banks and Asset managers.

What is the difference between Anchorage Digital and Zodia Custody?

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

How do Anchorage Digital and Zodia Custody fees compare?

Anchorage Digital charges Custom annual custody fees with Custom transaction fees. Zodia Custody charges Custom annual custody fees with Custom transaction fees.

Which is more secure, Anchorage Digital or Zodia Custody?

Anchorage Digital scores 9.5/10 for security while Zodia Custody scores 8.5/10. Anchorage Digital uses HSM + biometric authentication key management, and Zodia Custody uses Institutional cold storage.