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What is Porto?

Porto, developed by Anchorage Digital, is an innovative self-custody cryptocurrency wallet tailored for institutional clients such as venture capital firms, protocols, and asset managers. This wallet facilitates secure engagement in activities like staking, governance, and trading while providing a robust infrastructure to safeguard assets effectively. Porto is equipped with extensive Web3 capabilities and integrates seamlessly with the Anchorage Digital ecosystem. It features state-of-the-art end-to-end cryptographic security, adheres to FIPS-140 compliance standards, utilizes offline hardware security modules (HSMs), and offers customizable approval policies for greater operational flexibility. Supporting a wide array of over 200 tokens, including APT, BTC, and SUI, Porto guarantees a smooth and secure experience for institutions and is set to broaden its support to encompass more Layer 1 networks in the future. Additionally, this wallet's design prioritizes user experience, ensuring that institutional users can navigate the crypto landscape with confidence and ease.

What is Coinbase Custody?

Coinbase Custody operates as an independent entity, distinctly funded and separate from Coinbase, Inc., and serves in the role of a fiduciary under New York State Banking Law. It ensures that all digital assets are meticulously separated and held in trust for clients, utilizing dedicated on-chain addresses that are fortified by Coinbase’s reliable cold storage methods. The insurance coverage we offer is regarded as among the top in the industry, providing strong protection for our clients’ assets. Furthermore, we undergo regular financial and security assessments by independent firms to maintain compliance and security standards. Many fiduciary funds struggle to generate rewards through Delegated Proof of Stake (staking) due to various risks involved; however, Coinbase Custody's pioneering approach enables secure staking from stored assets, transforming the landscape. Not only has it made safe staking possible for the first time, but it also opens the door for clients to engage in governance activities, like voting on protocol changes, while their assets remain offline. Currently, we support Maker Governance and are diligently working to broaden our support for other networks soon. This dedication to innovation and security not only enhances user experience but also establishes Coinbase Custody as a leader in the digital asset management space. As we continue to expand our services, we remain committed to redefining the standards of asset safety and stakeholder engagement.

Media

Media

Integrations Supported

Anchorage Digital
Bitcoin
Ethereum

Integrations Supported

Base App
Coinbase
Coinbase Commerce
Integral

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided
Free Version

Pricing Information

Pricing not provided

Supported Platforms

SaaS

Supported Platforms

SaaS

Customer Service / Support

Not specified

Customer Service / Support

24 Hour Support
Web-Based Support

Training Options

Documentation Hub

Training Options

Documentation Hub

Company Facts

Organization Name

Anchorage Digital

Date Founded

2017

Company Location

United States

Company Website

www.porto.xyz/

Company Facts

Organization Name

Coinbase

Date Founded

2012

Company Location

United States

Company Website

custody.coinbase.com

Categories and Features

Crypto Wallets

Not specified

Categories and Features

Crypto Custodians

Not specified

Crypto Staking

Not specified

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