Fireblocks, founded 2018, secures $4+ trillion in digital assets for 1,300+ institutions using MPC wallets and hardware-isolated enclaves. Trusted by BNY Mellon, Goldman Sachs, and major exchanges.
Custody Model
ModelHosted Custody
LicensesNYDFS-registered, multiple state licenses
RegulatoryBSA/AML, OFAC, SOC 2 compliance
JurisdictionUnited States, Israel
Fees & Minimums
Fee Structure$10K-$50K/yr SaaS platform subscription based on tier. Per-transaction fees for transfers. Custom enterprise pricing available.
Min BalanceBased on platform tier
WithdrawalsConfigurable governance policies
Security
Cold StorageConfigurable (hot/warm/cold)
InsuranceUp to $30M per-client coverage
Proof of Reserves No
Asset SegregationYes
Multi-Sig Supported
AuditsAnnual SOC 2 audits
Features
API Access Available
Mobile App Yes
Hardware Wallet Not supported
Institutional Available
Integrated Trading Yes
AssetsBTC, ETH, SOL, 1,800+ digital assets and tokens
Frequently Asked Questions About Fireblocks
Fireblocks's qualified custodian status is listed as "false". Confirm directly with Fireblocks about their regulatory status before entrusting assets.
Fireblocks carries the following insurance coverage: Up to $30M per-client coverage. Always confirm specific coverage terms, limits, and exclusions directly with Fireblocks before depositing assets.
Fireblocks stores Configurable (hot/warm/cold) of assets in cold storage (offline). Cold storage protects against remote hacking by keeping private keys disconnected from the internet.
Fireblocks's fee structure: $10K-$50K/yr SaaS platform subscription based on tier. Per-transaction fees for transfers. Custom enterprise pricing available.. Custody fees are typically charged as an annual basis-point fee on assets under custody or a flat monthly fee.
The minimum balance requirement at Fireblocks is Based on platform tier. This may vary based on account type and service tier.
About this analysis
21Rates Editorial TeamBitcoin Financial Research Analysts
Our research team analyses Bitcoin custody providers using proprietary quality scoring, regulatory research, and user reviews. We independently verify custody terms and maintain up-to-date information to help you make informed decisions.
Last verified: August 2026