Corporate strategies for crypto custody

This report captures the attitudes and practices of 100 C-suite executives of US-based companies that hold crypto, exploring the strategic choices behind corporate adoption, challenges faced, and emerging trends.

Hybrid custody dominates

Companies aren’t relying on one-size-fits-all solutions, with many firms adopting a mix of self-custody, third-party custody, and exchange-based custody. 61% of respondents use more than one custody solution.

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Demand for “custody-plus” services

Many companies are eager to operationalize crypto assets, leveraging the round-the-clock, borderless nature of crypto networks, the speed of transactions, and the potential to open new markets by accepting payments in crypto.

Compliance is top of mind

When selecting custodians, executives prioritize reputation (42%) and compliance support (41%). An overwhelming 83% had encountered regulatory or compliance challenges.

Openness to self-custody

While only 43% of respondents currently use self-custody, 83% of those who don’t expressed interest in exploring it in the future. However, only 4% rely solely on self-custody, and openness is lowest among the smallest and largest companies, suggesting that while the concept appeals, implementation may be difficult.

Download the full report

Read our survey findings in full, along with detailed analysis and insights from industry insiders.

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