Anchorage Digital Alternative

Anchorage Is a Bank for BlackRock. You Need a Wallet for Your Team.

Anchorage Digital is a $4.2B federally chartered crypto bank that serves ETF issuers, governments, and hedge funds running derivatives desks. If you're a fund, DAO, or crypto team, you don't need their bank—you need self-custodial MPC wallets you control. Live in 15 minutes, starting at $300/month.

Try It Free (Takes 15 Minutes) Talk to Us
Self-custodial MPC Self-serve onboarding Transactions in seconds
Tholos Dashboard
Tholos Mobile App

$500,000,000+ in transactions secured

Anchorage is an impressive company. It's just not built for you.

Anchorage Digital serves BlackRock, Grayscale, Western Union, and ETF issuers who need staking approval from the OCC. Their product suite reflects that.

Derivatives & Margin

Vanilla/exotic options, forwards, structured products. Do you trade these?

Atlas Settlement Network

On-chain settlement between institutional counterparties. Running a prime brokerage?

Stablecoin Issuance

Launch your own stablecoin under federal bank oversight. Planning to issue one?

Government Custody

Seized asset management, strategic Bitcoin reserves. Are you a government agency?

If you answered no to all of these, you don't need Anchorage. You need Tholos.

Tholos vs. Anchorage Digital. Side by side.

Self-custodial MPC wallets you control—without the bank you don't need, the sales calls you don't want, or the pricing they won't show you.

Features
Tholos Tholos
Anchorage Anchorage
Custody model
Who controls your private keys
 Self-custodial Provider-controlled
Key technology
Cryptographic architecture for key security
 MPC DKLs23 HSM (they hold keys)
Self-serve signup
Get started without a sales call
Setup time
Time from signup to first transaction
 15 minutes Weeks/Months
Free trial
Try before you commit
 5 days (full access) None
Published pricing
Anchorage has no pricing page. Custom contracts only.
 $300/mo Undisclosed
Annual contract required
Enterprise contracts with negotiated terms
 Likely (enterprise)
Minimum AUM
Anchorage intake form starts at 'Under $10 million' bracket
 None $10M+ (implied)
Transaction speed
Anchorage's own pitch: '90% process in under 20 minutes'
 Seconds Under 20 min (90%)
Same-day fiat on/off ramp
Move money between your bank and wallet in hours
 Via banking
OTC desk access
Large trades ($100K+) without slippage
 Via Prime $$$
Staking
Native staking support
Self-custodial DeFi (all chains)
Anchorage's self-custody is limited to ERC-20s and SPL tokens
 Porto only
Direct support (Discord/Telegram)
Talk to engineers vs. account managers and ticket queues
Policy engine included
Spending limits, whitelists, and approval workflows
Mobile signing app
Approve transactions from your phone
Multi-chain self-custody
Porto only covers ERC-20s and SPL tokens. BTC, Cosmos? Not self-custodial.
 30+ chains EVM + SPL only

Why teams leave Anchorage for Tholos

You went to Anchorage because they seemed like the safe choice. Then you realized their product isn't built for you.

Built for BlackRock, Not Your Team

Anchorage sells derivatives, settlement networks, stablecoin issuance, and government custody. You need wallets and policy controls. You're paying for a bank when all you need is a vault.

Your Keys. Period.

Anchorage holds your private keys in HSMs they control. If regulators freeze your account, your crypto is their problem. Tholos distributes MPC key shares across your team's devices. We literally cannot touch your funds.

Sign Up Like It's 2026, Not 2006

Anchorage: fill out a 10-field intake form, disclose your AUM bracket, wait for evaluation, schedule calls, negotiate contracts. Tholos: sign up, create a vault, start transacting. Fifteen minutes.

"Under 20 Minutes" Is Their Best Case

Anchorage brags that 90% of transactions clear in under 20 minutes. Biometric video verification, behavioral analytics, HSM queues. Fine for a government moving $500M. Absurd for your $50K treasury transfer.

Trusted by security-focused teams

Teams that chose self-custody over custodial banks

"Tholos is the only MPC wallet that's fully self-custodial. Clients have complete control of their assets while benefiting from MPC security."
Uri Stav

Uri Stav

Former Chief Security Officer, Genesis Trading

"Tholos provides reliable custody management that ensures our funds are protected. We manage the keys and control our own destiny."
JP Baric

JP Baric

CEO, Aurum

"Tholos has implemented a highly secure MPC-based solution across multiple blockchains, enabling us to enforce targeted & granular permissions and policies on specific vault operations within our architectural framework."
Frank

Frank

Founder, D2 Finance

Common questions about switching from Anchorage

Is Anchorage more secure than Tholos?
Different models. Anchorage uses HSMs in data centers they control, with biometric video verification and behavioral analytics layered on top. This is designed for billion-dollar ETF custody where the bank holds your keys for you. Tholos uses DKLs23 MPC with key shares distributed across your team's devices, CCSS Level 3 certified. The difference: Anchorage's security protects them from liability. Tholos's security gives you direct control.
Does my fund actually need a qualified custodian?
If your compliance team or LPs specifically require it, yes. Most crypto-native funds, DAOs, and treasuries don't. Qualified custody means a third party holds your keys and signs transactions on your behalf after verifying your identity via video and behavioral analytics. Ask yourself: do you want an OCC-regulated bank standing between you and your crypto, or institutional-grade policy controls with keys you actually own?
Why is Anchorage so expensive?
Because you're paying for infrastructure you don't need. Their platform includes a trading desk with derivatives and margin, an Atlas settlement network, stablecoin issuance capabilities, collateral management workflows, and government custody solutions. If you're an ETF issuer or running a prime brokerage, that's worth it. If you need MPC wallets with policy controls, you're leasing a skyscraper when you need an office.
Can I migrate from Anchorage to Tholos?
Yes. Create your Tholos vault (15 minutes), then transfer assets from Anchorage to your new self-custodial addresses. Since you're moving from provider-controlled custody to self-custody, this is a standard withdrawal from their side and a deposit on ours. Most teams complete migration in a single day.
What about Anchorage's insurance?
Anchorage carries insurance on assets they custody—because they hold your keys, and insurance covers their liability if something goes wrong on their end. Tholos is self-custodial: you hold the keys, so traditional custodial insurance doesn't apply. Many Tholos customers carry their own commercial crime or specie policies. The tradeoff is direct: someone else insures your keys vs. you control your keys.
Does Anchorage support more chains than Tholos?
For their custodial product (where they hold your keys), Anchorage supports hundreds of assets. But their self-custody option—Porto—only covers ERC-20s and SPL tokens. No Bitcoin self-custody. No Cosmos ecosystem. No non-EVM chains. Tholos gives you self-custodial MPC wallets across 30+ chains, including Bitcoin, Solana, Cosmos, and more. If you want self-custody, Tholos has broader chain coverage.

One wallet, every chain

Your entire portfolio in one place

Stop switching between wallets. Tholos supports Bitcoin, Ethereum, Solana, Hyperliquid, and 30+ other networks from a single dashboard.

Bitcoin
Bitcoin
Ethereum
Ethereum
Solana
Solana
Hyperliquid
Hyperliquid
Tron
Tron
BNB Smart Chain
BNB Smart Chain
Avalanche
Avalanche
Optimism
Optimism
Base
Base
Arbitrum
Arbitrum
Polygon
Polygon
Cosmos
Cosmos

+ Osmosis, Neutron, Saga, Stride, Stargaze, Noble, and more.

See the full list of supported chains

Self-custodial MPC wallets. No bank required.

Get institutional-grade security and multi-chain treasury management—without the sales calls, the undisclosed pricing, or the 20-minute transaction times.

Try It Free — 15 Minutes Talk to Us