Protect and secure your assets with a regulated Trust Company and qualified custodian
Paxos is a Leading Provider of Crypto Asset Custodial Services
Regulated Qualified Custodian
As a New York State Trust Company, Paxos is subject to strict regulatory oversight by the New York State Department of Financial Services. All fiat and crypto customer assets deposited with Paxos are backed by mandatory capital reserves as a regulated entity.
Paxos uses 100% cold storage ensuring that your crypto assets remain secure and will be available to meet investor redemption and verification requirements. Our custody model protects custodied assets by ensuring that they are never commingled with assets held in customer trading accounts and can be independently monitored on the blockchain.
Verification & Tax Reporting
Verify your custody account balance and holdings 24/7 with personalized access through Paxos Custody Services. Receive regular and auditable consolidated reporting, including market and performance valuations for your asset portfolio. Reporting is done at monthly, quarterly and annual intervals.
Our Institutional Client Group (ICG) provides all custody clients with personalized service and support. We operate around the clock Monday through Friday from our global operation centers in New York and Singapore. As your needs grow, our relationship managers will be there to assist you.
Please complete the form and a member of our Custody Services team will contact you shortly.
Frequently Asked Questions
Custody is a service in which a financial institution holds assets on behalf of the client. Paxos custodies both crypto assets like Bitcoin, physical assets like gold and other assets like securities.
A qualified custodian is a type of institution that is approved by regulators to hold assets on behalf of clients. For example, a bank is a qualified custodian. Paxos is also a qualified custodian which means that we have extremely high level of government oversight and you can be confident your assets are safe with Paxos.
No, Paxos custodies all types of assets for our clients. In addition to cryptocurrency, Paxos is qualified to custody cash, securities, and physical assets like gold.