Propine
- Company typePrivate
- Founded2018
- HeadquartersSingapore, Singapore
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
Propine firmographics
Firmographics- Name
- Propine
- Website
- https://propine.com
- Company type
- Private
- Founded year
- 2018
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Ownership category
- akta.pro rank
Propine industry classification
Industry- Product category
- Digital Asset Custody
- NAICS
- Funds, Trusts, and Other Financial Vehicles (525)
- SIC
- Security & Commodity Brokers, Dealers, Exchanges & Services (6200)
- akta.pro primary industry
- Digital Asset Custody (Institutional Crypto Custody) (FSAFAHAH)
- akta.pro secondary industries
- Institutional Qualified Custody (Banks/Trust Companies) (FSADACAA), MPC / HSM / Key Management Infrastructure (FSADACAC), Custody Insurance & Risk Transfer (Digital Asset Custody) (FSADACAL)
Keywords
Where Propine is headquartered
LocationHeadquarters
- HQ city
- Singapore
- HQ country
- Singapore
- HQ region
- Asia
Markets served
Propine business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Operations, Marketing or Sales
Propine product offering
Product offeringCore offering
Propine provides digital custody and crypto management services for institutional clients. Its platform is designed to securely safeguard digital assets and support the operational management of cryptocurrency holdings under regulatory and compliance requirements. The offering is targeted at organizations requiring enterprise-grade infrastructure for holding and administering crypto assets.
Differentiator
Problem solved
Functional benefit
Products and services
- Digital Asset Custody Platform A digital asset custody and crypto management service for institutional clients, providing secure safeguarding and operational administration of cryptocurrencies and tokens under a regulated framework.
Companies that use Propine
Customer profileIdeal customer profiles1 record
Propine technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Propine competitors and assessment
Company assessmentBroad incumbents
- Bakkt: Public digital asset platform offering institutional custody and trading of crypto. Comparable to Propine as an institutional crypto custodian, though operating with much broader scope and a public-company capital base.
- Fidelity Digital Assets: Subsidiary of Fidelity providing institutional Bitcoin and Ethereum custody and trading. A broad incumbent whose institutional crypto custody offering overlaps directly with Propine's value proposition, backed by a much larger parent.
- Coinbase Custody: Custody arm of Coinbase serving institutional clients with cold storage and staking. Functions as a broad incumbent offering institutional digital asset custody as part of a much larger exchange and prime brokerage platform.
Direct peers
- Fireblocks: Provides MPC-based digital asset custody, settlement, and tokenization infrastructure for institutions, fintechs, and exchanges. Closely comparable to Propine in target market (institutional crypto custody) and technology approach.
- Cobo: Singapore-headquartered digital asset custody and wallet infrastructure provider serving institutional and developer clients. Highly comparable to Propine given overlapping APAC institutional custody focus and shared Singapore origin.
- Ledger Enterprise: Institutional arm of hardware wallet maker Ledger, providing custody and self-custody solutions for enterprises, fintechs, and funds. Comparable to Propine in serving institutional clients with regulated-grade custody technology.
- Hex Trust: Asia-based (Hong Kong) institutional digital asset custodian serving funds, fintechs, and Web3 firms with qualified custody, staking, and DeFi access. Direct peer given overlapping institutional crypto custody focus and APAC footprint.
- BitGo: One of the largest institutional digital asset custody and wallet infrastructure providers, serving exchanges, funds, and OTC desks. Comparable to Propine as a B2B crypto custodian with qualified custody and staking offerings.
- Anchorage Digital: Federally chartered crypto bank in the US providing institutional digital asset custody, trading, and staking. Directly comparable to Propine as a regulated institutional crypto custodian serving funds, family offices, and crypto-native firms.
Emerging players
- Cypherock: Emerging digital asset custody solution focused on distributed key management and self-custody infrastructure. Comparable to Propine at the intersection of crypto custody and key management technology, though more consumer/self-custody weighted.
Market position
Customer concentration
Propine social profiles
Digital presencePropine financial estimates
Financial estimateRevenue estimate
Valuation estimate
Propine leadership team
Management profileNumber of profiles
Profiles2 records
Propine funding detail
Funding detailFunding overview
Funding rounds4 records
Investors13 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Propine M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Propine
What does Propine do?
Propine provides digital custody and crypto management services for institutional clients. Its platform is designed to securely safeguard digital assets and support the operational management of cryptocurrency holdings under regulatory and compliance requirements. The offering is targeted at organizations requiring enterprise-grade infrastructure for holding and administering crypto assets.
When was Propine founded?
Propine was founded in 2018. It employs 11 to 50 people.
Where is Propine based?
Propine is headquartered in Singapore, Singapore, in the Asia region.
Who are Propine's main competitors?
Broad incumbents on record are Bakkt, Fidelity Digital Assets and Coinbase Custody. Direct peers are Fireblocks, Cobo, Ledger Enterprise, Hex Trust, BitGo and Anchorage Digital. Cypherock is listed as an emerging player.
Does Propine have an API?
No public API is recorded for Propine.
What industry is Propine in?
Propine's product category is Digital Asset Custody. Its primary akta.pro industry code is FSAFAHAH, Digital Asset Custody (Institutional Crypto Custody), with a secondary code of FSADACAA, Institutional Qualified Custody (Banks/Trust Companies). Its NAICS code is 525 and its SIC code is 6200.