Casa
Collaborative CustodyCasa provides collaborative self-custody using multisig, designed for individuals and families. Founded by Bitcoin security expert Jameson Lopp. Offers 2-of-3 and 3-of-5 key setups with a focus on usability, inheritance planning, and key recovery.
Quick Verdict
With a Custody Score of 6.7/10, Casa is ranked #2 of 3 among collaborative custody providers. Its strongest category is Withdrawal Flexibility and its weakest is Insurance.
Analysis
Score Breakdown
The Custody Score is a weighted average across 8 criteria, each rated 1-10.
| Criterion | Score | Weight | Weighted |
|---|---|---|---|
| Security | 8 | 20% | 1.60 |
| Insurance | 3.5 | 15% | 0.53 |
| Regulatory | 4.5 | 15% | 0.68 |
| Fee Transparency | 9 | 10% | 0.90 |
| Track Record | 8 | 15% | 1.20 |
| Withdrawal Flexibility | 9.5 | 10% | 0.95 |
| Reporting & Audit | 5 | 10% | 0.50 |
| Counterparty Diversification | 6.5 | 5% | 0.33 |
| Total | 100% | 6.7 |
Key Features
- ✓2-of-3 and 3-of-5 multisig options
- ✓Mobile app for easy key management
- ✓Casa Covenant inheritance protocol
- ✓Dedicated security advisors (Premium+)
- ✓Key rotation and replacement
- ✓Geographic key distribution guidance
- ✓Health check system for key verification
Fee Breakdown
| Setup Fee | Included in subscription |
| Annual Custody Fee | $30/month (Standard) / $178/month (Premium) / Custom (Diamond) |
| Transaction Fee | No transaction fees |
| Withdrawal Fee | Network fees only |
| Notes | Diamond tier includes dedicated advisor, custom security review, and Covenant inheritance protocol. |
Security Details
Key Management
Collaborative multisig (2-of-3 or 3-of-5)
Cold Storage
100% (hardware wallets)
SOC Compliance
N/A
Penetration Testing
Yes
Incident History: No incidents
Insurance Coverage
Coverage
Limited — similar to Unchained model. Client bears primary key responsibility.
Carrier
Not publicly disclosed
Details
Casa insures their own key. Client keys are client responsibility. Casa Covenant provides inheritance recovery mechanism.
Regulatory Status
Licenses
- FinCEN MSB registration
Not a qualified custodian — self-custody model. Registered as money services business.
Pros & Cons
Pros
- Best-in-class UX for self-custody — genuinely easy to use
- 3-of-5 multisig is one of the most secure consumer setups available
- Casa Covenant solves the inheritance problem elegantly
- Founded by Jameson Lopp — one of the most respected Bitcoin security researchers
- No minimum balance — accessible to all
Cons
- Not a qualified custodian
- Limited insurance — you're responsible for your keys
- Monthly subscription model adds up over time
- Supports ETH in addition to BTC (purists may dislike)
- Premium tiers needed for best security features