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Best Kraken Custody Alternatives in 2026

#5 of 35 in Cryptocurrency Custody Software

The top Kraken Custody alternatives are BitGo Custody, Ripple Custody and Coinbase Custody: 15 cryptocurrency custody software our editors would look at instead of Kraken Custody, in our ranking order.

8.8/10Editor score
Kraken Custody8.8 Contact Kraken

Kraken Custody: Institutional custody with layered controls and direct Kraken market integrations. Where it falls short: pricing requires contacting sales.

Switching from Kraken Custody? For most cryptocurrency custody software buyers the best Kraken Custody alternative is BitGo Custody, built for institutions needing qualified custody. On a budget, Cobo Custody starts at $299/mo.

Why People Look for a Kraken Custody Alternative

  • Pricing requires contacting sales
  • Cloud deployment only
  • Staking is available for selected assets

Quick Picks by What You Need

All 15 Kraken Custody Alternatives, Ranked

Advertiser disclosure: iTechGuides is reader-supported. Vendors can pay for top positions in our rankings and for a place on other products' pages, and we may earn a commission when you click some links. Bought places stand at the number bought; this page and our disclosure say so. Paying vendors may get a fuller, more detailed review from our editors, and that review can change their score. How we rank.

  1. Best forInstitutions needing qualified custody

    • Better than Kraken Custody:
    • Editor score 9.3 vs 8.8

    Institutional cold-wallet custody with configurable controls and settlement services.

    • MPC wallet support
    • Transaction policy engine
    Pricing on request Our BitGo Custody verdict → Contact BitGo
    9.3/10★★★★★
    Contact BitGo
  2. Best forInstitutions needing flexible custody infrastructure

    • Better than Kraken Custody:
    • Editor score 9.2 vs 8.8

    A flexible custody platform for institutions that need control over keys, policies and deployment.

    • HSM key management
    • MPC wallet support
    • Transaction policy engine
    Pricing on request Our Ripple Custody verdict → Contact Ripple
    9.2/10★★★★★
    Contact Ripple
  3. Best forInstitutions pairing custody with trading and financing

    • Better than Kraken Custody:
    • Editor score 9.1 vs 8.8

    Qualified custody paired with trading, financing, staking, and settlement workflows.

    • MPC wallet support
    • Transaction policy engine
    9.1/10★★★★★
    Contact Coinbase
  4. Best forEnterprises seeking governed HSM-based custody

    • Better than Kraken Custody:
    • Editor score 8.9 vs 8.8

    A custody platform for enterprises that need hardware-enforced controls and operational breadth.

    • HSM key management
    • Transaction policy engine
    Pricing on request Our Ledger Enterprise verdict → Visit Ledger
    8.9/10★★★★☆
    Visit Ledger
  5. Best forTeams needing custody with self-hosted options

    Flexible custody infrastructure with HSM-backed keys, governance controls and self-hosted options.

    • HSM key management
    • Transaction policy engine
    8.7/10★★★★☆
    Try Bitpanda Custody
  6. Best forTeams needing priced, segregated MPC custody

    Institutional custody with verifiable addresses, approval workflows, and a per-asset monthly minimum.

    • MPC wallet support
    8.6/10★★★★☆
    Visit Gemini
  7. Best forMid-market and enterprise custody teams

    Institutional custody for teams needing Crypto.com-linked vaults, controls, and staking.

    • MPC wallet support
    • Transaction policy engine
    8.5/10★★★★☆
    Contact Crypto.com
  8. Best forEnterprises needing institutional custody and settlement

    Institutional custody pairs MPC and HSM controls with staking, reporting, and settlement.

    • HSM key management
    • MPC wallet support
    8.4/10★★★★☆
    Contact SIX
  9. Best forInstitutions connecting custody to trading venues

    A policy-driven custody platform for institutions linking digital assets to connected markets.

    • MPC wallet support
    • Transaction policy engine
    Pricing on request Our Copper Custody verdict → Contact Copper
    8.3/10★★★★☆
    Contact Copper
  10. Best forInstitutions wanting custody, trading, and settlement

    Institutional custody with staking, trading, and settlement in one environment.

    • HSM key management
    • Transaction policy engine
    8.2/10★★★★☆
    Visit site
  11. Best forInstitutions prioritizing HSM controls and reconciliation

    Institutional custody pairs HSM-backed wallets with policy controls and daily reconciliation.

    • HSM key management
    • Transaction policy engine
    Pricing on request Our Paxos Custody verdict → Contact Paxos
    8.1/10★★★★☆
    Contact Paxos
  12. Best forSmaller teams wanting priced MPC custody

    Priced MPC custody with policy controls, wallet options, and AML/KYT integrations.

    • HSM key management
    • MPC wallet support
    • Transaction policy engine
    8.0/10★★★★☆
    Visit Cobo
  13. Best forInstitutions seeking bank-linked custody and services

    Bank-linked custody pairs segregated storage with trading, staking and transaction controls.

    • HSM key management
    • MPC wallet support
    7.9/10★★★★☆
    Visit Sygnum
  14. Best forInstitutions prioritizing cold storage and trade settlement

    Cold-vaulted custody pairs with trading and real-time settlement for institutions.

    7.8/10★★★★☆
    Contact Fidelity
  15. Fordefi

    Best forWeb3 teams needing self-custodial MPC vaults

    MPC vaults, transaction controls, and dApp access for institutional digital-asset teams.

    • MPC wallet support
    • Transaction policy engine
    Pricing on request Our Fordefi verdict → Visit Fordefi
    7.7/10★★★★☆
    Visit Fordefi

Kraken Custody Alternatives: Common Questions

What is the best alternative to Kraken Custody?

BitGo Custody: #1 in our Cryptocurrency Custody Software ranking, with an editor score of 9.3 out of 10. Institutional cold-wallet custody with configurable controls and settlement services.

Why do people look for Kraken Custody alternatives?

Pricing requires contacting sales; Cloud deployment only; Staking is available for selected assets.

How do I switch from Kraken Custody?

Export your data from Kraken Custody (most tools have an export in their settings). Sign up for the alternative; start on its free plan or trial if it has one. Import your export and set up the integrations your team relies on. Run both side by side for a short while, then cancel Kraken Custody.

How to Switch from Kraken Custody

  1. Export your data from Kraken Custody (most tools have an export in their settings).
  2. Sign up for the alternative; start on its free plan or trial if it has one.
  3. Import your export and set up the integrations your team relies on.
  4. Run both side by side for a short while, then cancel Kraken Custody.

Kraken Custody vs Each Alternative

#ToolFree planPaid fromMPC wallet supportHSM key managementApproval workflowsTransaction policy engineSettlement controlsScore
5Kraken CustodyYesYesYesYes8.8
1BitGo CustodyNoYesYesYesAdvanced9.3
2Ripple CustodyYesYesYesYesAdvanced9.2
3Coinbase CustodyYesYesAdvanced9.1
4Ledger EnterpriseNoNoYesYesYesAdvanced8.9
5Bitpanda CustodyNoYesYesYes8.7
6Gemini CustodyNo$30/unit/moYesYes8.6
7Crypto.com CustodyNoYesYesBasic8.5
8SIX Crypto-Asset CustodyNoYesYesAdvanced8.4
9Copper CustodyYesYesYesAdvanced8.3
10Anchorage Digital CustodyNoYesYesYesAdvanced8.2
11Paxos CustodyNoYesYesYesAdvanced8.1
12Cobo CustodyNo$299/moYesYesYesYesAdvanced8.0
13Sygnum CustodyNoYesYesYesAdvanced7.9
14Fidelity Digital AssetsYesAdvanced7.8
15FordefiYesYesYes7.7

Head-to-Head

Reviewed by iTechGuides Editors · Editorial team · Updated Oct 2026

Last updated · How we research and update