Anchorage Digital
Qualified CustodianAnchorage Digital is the first federally chartered digital asset bank in the US, granted a national trust bank charter by the OCC. It provides institutional custody, staking, governance, and trading. Trusted by Visa, Samsung, and major institutions.
Quick Verdict
With a Custody Score of 7.9/10, Anchorage Digital is ranked #4 of 11 among qualified custodian providers. Its strongest category is Regulatory and its weakest is Counterparty Diversification.
Analysis
Score Breakdown
The Custody Score is a weighted average across 8 criteria, each rated 1-10.
| Criterion | Score | Weight | Weighted |
|---|---|---|---|
| Security | 9.5 | 20% | 1.90 |
| Insurance | 8 | 15% | 1.20 |
| Regulatory | 10 | 15% | 1.50 |
| Fee Transparency | 4 | 10% | 0.40 |
| Track Record | 8 | 15% | 1.20 |
| Withdrawal Flexibility | 7 | 10% | 0.70 |
| Reporting & Audit | 9 | 10% | 0.90 |
| Counterparty Diversification | 2 | 5% | 0.10 |
| Total | 100% | 7.9 |
Key Features
- ✓Federally chartered digital asset bank
- ✓Biometric authentication
- ✓Advanced governance and approval workflows
- ✓Staking from custody
- ✓DeFi access from custody
- ✓Trading and settlement
Fee Breakdown
| Setup Fee | Custom institutional pricing |
| Annual Custody Fee | Custom |
| Transaction Fee | Custom |
| Withdrawal Fee | Custom |
| Notes | Fully custom pricing for institutional clients. No self-serve option. |
Security Details
Key Management
HSM + biometric authentication
Cold Storage
Majority cold
SOC Compliance
SOC 2 Type 2
Penetration Testing
Yes
Incident History: No incidents
Insurance Coverage
Coverage
Significant coverage (not publicly disclosed)
Carrier
Major carriers
Details
As an OCC-chartered bank, subject to bank-level regulatory capital requirements.
Regulatory Status
Licenses
- OCC National Trust Bank Charter
First and only federally chartered crypto bank. Highest level of US regulatory approval for a digital asset custodian.
Pros & Cons
Pros
- Only federally chartered digital asset bank — highest US regulatory status
- Trusted by Visa, Samsung, and other blue-chip institutions
- SOC 2 Type 2 compliant
- Full suite: custody + trading + staking + DeFi
- Biometric security is unique in the market
Cons
- Single custodian — all assets with one entity
- Institutional only — no retail access
- Completely opaque pricing
- Limited information publicly available
- High barrier to entry
How Anchorage Digital Compares
Top qualified custodian providers ranked by Custody Score.
| Provider | Custody Score | Compare |
|---|---|---|
| Fidelity Digital Assets | 8.4 | Compare → |
| BitGo | 8.2 | Compare → |
| Coinbase Custody | 8.2 | Compare → |
| Gemini Custody | 7.7 | Compare → |
| Zodia Custody | 7.2 | Compare → |