Finoa
Finoa is a Germany-based institutional digital asset custody and staking platform serving family offices, asset managers, corporates, venture capital funds, and foundations with segregated wallets, multi-signature security, and prime brokerage across 170+ digital assets.
- Company typePrivate
- Founded2018
- HeadquartersBerlin, Germany
- Headcount51–100
- GTM typeB2B
- OfferingServices
What Finoa does
Finoa is a Germany-headquartered digital asset infrastructure provider that delivers institutional-grade custody, in-custody staking, prime brokerage, and B2B technology services (Finoa Technical Services) for regulated VASPs. The platform supports 170+ digital assets across 12 L1 networks and 10+ staking protocols, using fully segregated wallets, customizable multi-signature governance workflows, and on-chain verification for deposits and transactions. Customers are institutional investors with a minimum cryptocurrency position of €100,000, spanning family offices, asset managers, corporates and SMEs, venture capital funds, and foundations, served through a direct enterprise sales motion out of offices in Berlin, Potsdam, Porto, and Vilnius.
The business model combines recurring custody fees, recurring in-custody staking services, and transaction-fee-based prime brokerage revenue. The company raised approximately $39.5 million across a 2019 seed ($2.5M), a 2021 Series A ($22M, led by Balderton Capital), and a 2024 strategic round ($15M, led by Maven 11 with Balderton). It was formerly licensed by BaFin under the German Banking Act and held ISO/BSI-aligned security certifications.
Critically, Finoa voluntarily surrendered its BaFin crypto custody license effective December 31, 2025, and entered an orderly wind-down of regulated business activities, materially altering its operating posture. As of the latest data, the company no longer enters into new regulated business relationships; remaining operations are concentrated in non-regulated technology and staking service lines.
Finoa firmographics
Firmographics- Name
- Finoa
- Legal name
- Finoa GmbH
- Website
- https://finoa.io
- Company type
- Private
- Founded year
- 2018
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- Finoa is a Germany-based institutional digital asset custody and staking platform serving family offices, asset managers, corporates, venture capital funds, and foundations with segregated wallets, multi-signature security, and prime brokerage across 170+ digital assets.
- Ownership category
- akta.pro rank
Finoa industry classification
Industry- Product category
- Institutional Crypto Custody
- NAICS
- Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320)
- SIC
- Security & Commodity Brokers, Dealers, Exchanges & Services (6200)
- akta.pro primary industry
- Crypto Custody & Exchange Wallet Services (Integrated) (FSADAAAG)
- akta.pro secondary industry
- Smart Contract & Token Operations Infrastructure (Lifecycle, Corporate Actions) (FSAGAMAH)
Keywords
Where Finoa is headquartered
LocationHeadquarters
- HQ city
- Berlin
- HQ country
- Germany
- HQ region
- Europe
Offices4 records
Markets served
Finoa business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Technology or R&D, Operations, Others, Marketing or Sales, Infrastructure
Revenue model
- Crypto Custody Services: Custody fees for secure storage and management of institutional digital assets with full segregation and multi-signature controls
- In-Custody Staking: Staking rewards service allowing institutions to earn yields directly within their custody accounts without moving assets
- Prime Brokerage: Integrated crypto trading and on/off-ramp solution for institutional trading operations
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Enterprise institutional minimum |
Go-to-market motion1 record
Distribution channels1 record
Marketing channels6 records
Finoa product offering
Product offeringCore offering
Finoa provides institutional-grade digital asset custody with fully segregated wallets and multi-signature governance workflows, in-custody staking across 10+ proof-of-stake protocols, and an integrated prime brokerage for crypto trading and on/off-ramp. Its technology supports 170+ digital assets across 12 L1 networks and serves family offices, asset managers, corporates, venture capital funds, and foundations with a minimum cryptocurrency position requirement of €100,000. As of 31 December 2025, Finoa GmbH voluntarily surrendered its BaFin crypto custody license and entered an orderly wind-down of its regulated business activities.
Product overview
Finoa is a Germany-based institutional crypto custody and staking platform that operates as a modular solution comprising Finoa Custody (core product for secure digital asset storage), Finoa Consensus Services/Staking (in-custody staking solutions supporting 10+ protocols), Prime Brokerage (integrated trading and on/off-ramp), and Finoa Technical Services (infrastructure layer for regulated VASPs). The platform supports 170+ digital assets across 12 L1 networks including Bitcoin, Ethereum, NEAR, and others. Finoa's products are designed for institutional investors including family offices, asset managers, corporates, venture capital funds, and foundations, with a minimum position requirement of €100,000. Note: The company voluntarily surrendered its BaFin crypto custody license effective December 31, 2025, and is currently in an orderly wind-down phase of its regulated business activities.
Differentiator
Problem solved
Functional benefit
Brands
- Finoa Consensus Services: Premium staking solutions offered through finoa-fcs.io
- Finoa Custody
- Finoa Prime Brokerage
- Finoa Technical Services
Products and services
- Finoa Custody
Quantifiable outcome
- Supports 170+ digital assets with new ones constantly added to meet customer needs
Companies that use Finoa
Customer profileNamed customers5 records
Segments5 records
Finoa technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
Finoa partnerships and signals
Strategic signalScale indicators8 records
Recent moves7 records
Expansion highlights5 records
Finoa competitors and assessment
Company assessmentEmerging players
- Chorus One: Staking infrastructure provider and one of Finoa's named validator partners. Partially overlapping as an institutional staking provider, particularly through its own institutional product offering.
Direct peers
- Fireblocks: Enterprise-grade digital asset custody and operations platform serving institutional clients. Direct competitor to Finoa's custody, staking, and prime brokerage offerings with comparable multi-signature workflows and broad asset coverage.
- Hex Trust: Asia-headquartered institutional digital asset custodian offering custody, staking, and DeFi access. Comparable product suite to Finoa with broad multi-asset coverage.
- Anchorage Digital: Federally chartered crypto bank in the US offering institutional custody, staking, and trading. Competes with Finoa in the regulated institutional custody category.
- BitGo: Institutional digital asset custody and staking provider with regulated trust company status. Competes head-to-head with Finoa on segregated custody, multi-sig, and staking-as-a-service for institutional clients.
- Coinbase Custody (Coinbase Asset Management): Regulated institutional custody arm of Coinbase serving asset managers, hedge funds, and corporates. Closest large-scale direct competitor with similar product breadth and enterprise GTM motion.
- Zodia Custody: UK/Europe-focused institutional crypto custodian backed by Standard Chartered and Northern Trust. Closest geographic and regulatory peer to Finoa, serving similar institutional segments in EMEA.
- Gemini Custody: Institutional cold-storage custody service from Gemini with regulatory oversight and staking support. Comparable product offering to Finoa Custody for institutional investors.
Broad incumbents
- Galaxy Digital: Diversified crypto financial services firm offering institutional trading, lending, and asset management. Overlaps with Finoa's prime brokerage and institutional services, though much larger and US-focused.
Regional players
- Taurus (Taurus SA): Swiss-based digital asset infrastructure provider serving European banks and financial institutions. Comparable European institutional focus to Finoa, with custody, tokenization, and trading infrastructure.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks5 records
Key highlights6 records
Customer concentration
Finoa social profiles
Digital presenceFinoa compliance and trust
Trust signalCompliance6 records
Finoa financial estimates
Financial estimateRevenue estimate
Valuation estimate
Finoa leadership team
Management profileNumber of profiles
Profiles6 records
Finoa funding detail
Funding detailFunding overview
Funding rounds5 records
Investors7 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Finoa M&A and investment
M&A and investmentM&A
Investments1 record
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Finoa
What does Finoa do?
Finoa provides institutional-grade digital asset custody with fully segregated wallets and multi-signature governance workflows, in-custody staking across 10+ proof-of-stake protocols, and an integrated prime brokerage for crypto trading and on/off-ramp. Its technology supports 170+ digital assets across 12 L1 networks and serves family offices, asset managers, corporates, venture capital funds, and foundations with a minimum cryptocurrency position requirement of €100,000. As of 31 December 2025, Finoa GmbH voluntarily surrendered its BaFin crypto custody license and entered an orderly wind-down of its regulated business activities.
Is Finoa a public or private company?
Finoa is a private company. It is classified as venture growth investor backed and is currently operating.
When was Finoa founded?
Finoa was founded in 2018. It employs 51 to 100 people.
Where is Finoa based?
Finoa is headquartered in Berlin, Germany, in the Europe region.
How does Finoa make money?
Three revenue lines are on record. Crypto Custody Services are the primary driver. The others are in-Custody Staking and prime Brokerage.
Who are Finoa's main competitors?
Chorus One is listed as an emerging player. Direct peers are Fireblocks, Hex Trust, Anchorage Digital, BitGo, Coinbase Custody (Coinbase Asset Management), Zodia Custody and Gemini Custody. Galaxy Digital is listed as a broad incumbent. Taurus (Taurus SA) is listed as a regional player.
Does Finoa have an API?
No public API is recorded for Finoa.
What industry is Finoa in?
Finoa's product category is Institutional Crypto Custody. Its primary akta.pro industry code is FSADAAAG, Crypto Custody & Exchange Wallet Services (Integrated), with a secondary code of FSAGAMAH, Smart Contract & Token Operations Infrastructure (Lifecycle, Corporate Actions). Its NAICS code is 522320 and its SIC code is 6200.