Foundation Passport vs Blockstream Jade — Head-to-Head Custody Comparison

An independent, data-driven comparison of Foundation Passport and Blockstream Jade across security, insurance, fees, regulatory compliance, and more.

Verdict

Quick Verdict

Foundation Passport scores 5.6 vs Blockstream Jade's 5.4. Foundation Passport leads in 2 of 8 categories.

Foundation Passport is better suited for Design-conscious Bitcoiners, Air-gap enthusiasts, Open-source advocates. Blockstream Jade is better suited for Budget-conscious Bitcoiners, Blockstream ecosystem users, Liquid Network users.

5.6

Below AverageCustody Score

Foundation Passport

5.4

Below AverageCustody Score

Blockstream Jade

Scores

Score Comparison

Weighted scores across all 8 custody criteria.

Criterion	Weight	Foundation Passport	Blockstream Jade	Winner
Security	20%	9.0	8.0	Foundation Passport
Insurance	15%	1.0	1.0	Tie
Regulatory	15%	1.0	1.0	Tie
Fee Transparency	10%	9.0	9.5	Blockstream Jade
Track Record	15%	6.5	6.5	Tie
Withdrawal Flexibility	10%	9.0	9.5	Blockstream Jade
Reporting & Audit	10%	2.0	2.0	Tie
Counterparty Diversification	5%	9.5	9.0	Foundation Passport
Overall Score	100%	5.6	5.4	Foundation Passport

Visual

Score Radar

Visual overlay of Foundation Passport and Blockstream Jade across all categories.

Foundation PassportBlockstream Jade

Deep Dive

Category-by-Category Analysis

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

Security (9.0 vs 8.0)

Foundation Passport uses Air-gapped hardware wallet with camera key management with 100% in cold storage and regular penetration testing. Compliance: Open-source audited. Incident history: No known compromises.

Blockstream Jade uses Virtual secure element hardware wallet key management with 100% in cold storage and regular penetration testing. Compliance: Open-source audited. Incident history: No known compromises.

Insurance (1.0 vs 1.0)

Foundation Passport offers None — self-custody hardware via N/A. Hardware wallet. Full user responsibility.

Blockstream Jade offers None — self-custody hardware via N/A. Hardware wallet. Full user responsibility.

Regulatory (1.0 vs 1.0)

Foundation Passport holds N/A — hardware manufacturer and is not a qualified custodian operating in United States. Foundation Devices Inc. US-based open-source hardware company.

Blockstream Jade holds N/A — hardware manufacturer and is not a qualified custodian operating in Canada. Blockstream Corporation — major Bitcoin infrastructure company.

Fee Transparency (9.0 vs 9.5)

Foundation Passport charges None in annual custody fees with Network fees only per transaction. Premium device. Air-gapped via QR codes and microSD.

Blockstream Jade charges None in annual custody fees with Network fees only per transaction. Most affordable quality hardware wallet. Blockstream Green integration.

Track Record (6.5 vs 6.5)

Foundation Passport was founded in 2020 and is headquartered in Boston, MA. AUM: N/A (hardware manufacturer). Incident history: No known compromises.

Blockstream Jade was founded in 2021 and is headquartered in Victoria, BC, Canada. AUM: N/A (hardware manufacturer). Incident history: No known compromises.

Withdrawal Flexibility (9.0 vs 9.5)

Foundation Passport withdrawal fees: Network fees only. Minimum account: ~$199 (Passport). Supported assets: Bitcoin only.

Blockstream Jade withdrawal fees: Network fees only. Minimum account: ~$65 (Jade Plus). Supported assets: Bitcoin, Liquid Network assets.

Reporting & Audit (2.0 vs 2.0)

Foundation Passport: SOC compliance is Open-source audited. Not classified as a qualified custodian.

Blockstream Jade: SOC compliance is Open-source audited. Not classified as a qualified custodian.

Counterparty Diversification (9.5 vs 9.0)

Foundation Passport is a cold storage / hardware provider. Key management: Air-gapped Bitcoin wallet with camera for QR code scanning. Open-source hardware..

Blockstream Jade is a cold storage / hardware provider. Key management: Open-source hardware wallet with virtual secure element and camera for air-gapped QR signing..

Fees

Fee Comparison

Side-by-side fee breakdown for Foundation Passport and Blockstream Jade.

Fee Type	Foundation Passport	Blockstream Jade
Setup Fee	$199 (device purchase)	$65 (device purchase)
Annual Custody	None	None
Transaction	Network fees only	Network fees only
Withdrawal	Network fees only	Network fees only

Foundation Passport: Premium device. Air-gapped via QR codes and microSD.

Blockstream Jade: Most affordable quality hardware wallet. Blockstream Green integration.

Features

Feature Comparison

Checklist of features across both providers.

Feature	Foundation Passport	Blockstream Jade
Affordable	✗	✓
Air-gapped QR scanning	✓	✗
Blockstream Green integration	✗	✓
Camera for air-gapped QR signing	✗	✓
Camera-based signing	✓	✗
Envoy companion app	✓	✗
Liquid Network support	✗	✓
MicroSD backup	✓	✗
Open-source	✗	✓
Open-source hardware + firmware	✓	✗
Premium build quality	✓	✗
Virtual secure element	✗	✓

Recommendation

Who Should Choose Which?

Foundation Passport is better if you…

✓Are a design-conscious bitcoiners
✓Are a air-gap enthusiasts
✓Are a open-source advocates
✓Are a us-made seekers
✓Want: Beautiful premium design
✓Want: Truly air-gapped with QR camera
✓Want: Open-source hardware AND firmware

Blockstream Jade is better if you…

✓Are a budget-conscious bitcoiners
✓Are a blockstream ecosystem users
✓Are a liquid network users
✓Are a open-source advocates
✓Want: Most affordable quality hardware wallet
✓Want: Blockstream backing and ecosystem
✓Want: Air-gapped QR signing with camera

FAQ

Frequently Asked Questions

Is Foundation Passport or Blockstream Jade better for Bitcoin custody?

Foundation Passport scores 5.6 vs 5.4 in our weighted Custody Score. Foundation Passport leads in 2 of 8 scoring categories. However, the best choice depends on your specific needs: Foundation Passport is best for Design-conscious Bitcoiners and Air-gap enthusiasts, while Blockstream Jade suits Budget-conscious Bitcoiners and Blockstream ecosystem users.

What is the difference between Foundation Passport and Blockstream Jade?

Foundation Passport is a cold storage / hardware provider, while Blockstream Jade is a cold storage / hardware provider. Foundation Passport excels in Counterparty Diversification, whereas Blockstream Jade is strongest in Fee Transparency.

How do Foundation Passport and Blockstream Jade fees compare?

Foundation Passport charges None annual custody fees with Network fees only transaction fees. Blockstream Jade charges None annual custody fees with Network fees only transaction fees.

Which is more secure, Foundation Passport or Blockstream Jade?

Foundation Passport scores 9.0/10 for security while Blockstream Jade scores 8.0/10. Foundation Passport uses Air-gapped hardware wallet with camera key management, and Blockstream Jade uses Virtual secure element hardware wallet.