Custonomy
Custonomy provides institutional-grade MPC-based digital asset custody and key management solutions to financial institutions, custodians, VASPs, and Web3 projects across 40+ blockchain networks, with an embedded wallet product (Web3asy) targeting Web3 DApp onboarding.
- Company typePrivate
- Founded2020
- HeadquartersHong Kong, Hong Kong SAR China
- Headcount1–10
- GTM typeB2B
- OfferingSoftware
What Custonomy does
Custonomy is a Hong Kong-headquartered, privately held digital asset custody and key management provider founded in 2020. Its core offering is an institutional-grade MPC (Multi-Party Computation) custody platform that splits private keys across multiple parties to eliminate single points of failure, supports threshold signing with customizable policy-based approval workflows, and operates across dozens of blockchain networks (Ethereum, Solana, Arbitrum, Polygon, Binance Smart Chain, Fantom, Harmony, Klaytn, Flow, and others). A second product line, Web3asy, delivers an embedded non-custodial MPC wallet for Web3 projects with social login, passkey authentication, gasless transactions, social recovery, and ERC-4337 Account Abstraction integration via a Biconomy partnership. The firm holds a granted patent on a Multi-layer Threshold MPC Wallet architecture and has achieved both ISO 27001 and SOC 2 Type II (June 2024) certifications.
The business operates a hybrid go-to-market combining enterprise field sales for financial institutions, custodians, VASPs, investment funds, DeFi protocols, and mining pools with a product-led self-serve motion (3-month free trial on the Essential tier) targeting SMB and developer adoption of Web3asy. Revenue is generated through tiered SaaS subscriptions (Essential, Professional, Enterprise) priced by secret shards, users, wallets, monthly transactions, and policy rules, plus bespoke enterprise API deployments. Named customers include FBG Capital, Babel Capital, Across Meta, DeepMusic, Haven, and FixxLabs; named partners include Holdex, Biconomy, Beosin, CashOn, and Mercuryo.
The firm has raised $2,000,000 in a single 2021 seed round led by Babel Finance and FBG Capital (with Particle Accelerator Limited/ParticleX participation) and operates with 11–50 employees. No subsequent funding rounds, revenue figures, or ownership dilution events are disclosed.
Custonomy firmographics
Firmographics- Name
- Custonomy
- Legal name
- Custonomy Limited
- Website
- https://custonomy.io
- Company type
- Private
- Founded year
- 2020
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Custonomy provides institutional-grade MPC-based digital asset custody and key management solutions to financial institutions, custodians, VASPs, and Web3 projects across 40+ blockchain networks, with an embedded wallet product (Web3asy) targeting Web3 DApp onboarding.
- Ownership category
- akta.pro rank
Custonomy industry classification
Industry- Product category
- Digital Asset Custody
- NAICS
- Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (518), Other Activities Related to Credit Intermediation (522390)
- SIC
- Finance Services (6199), Services-Prepackaged Software (7372)
- akta.pro primary industry
- Digital Asset Custody & Key Management (MPC, HSM, Wallet Infra) (FSAGAMAB)
- akta.pro secondary industries
- Institutional Custody & Qualified Custodians (HSM-backed, segregated custody) (FSAPACAD), Custodial Wallets & Hosted Accounts (exchange/fintech custody, omnibus wallets) (FSAPACAC), Wallet Connectivity & Session Protocols (WalletConnect, deep links, QR, auth sessions) (FSAPACAF)
Keywords
Where Custonomy is headquartered
LocationHeadquarters
- HQ city
- Hong Kong
- HQ country
- Hong Kong SAR China
- HQ region
- Asia
Offices1 record
Markets served
Custonomy business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Marketing or Sales, Infrastructure, Operations
Revenue model
- Subscription - SaaS Platform Licenses: Tiered subscription model for the Custody Platform with Essential, Professional, and Enterprise tiers. Pricing based on number of secret shards, users, wallets/addresses, transactions per month, and policy rules. Enterprise tier offers bespoke configurations with API access.
- Web3asy Wallet-as-a-Service: Embedded wallet solution for Web3 projects providing MPC-based wallet infrastructure with social login, passkey authentication, and gasless transactions. Revenue likely derived from per-seat or transaction-based pricing integrated into client platforms.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | Essential: 3 secret shards, 4 users, 40 wallets, 300 tx/month, 6 policy rules |
| Subscription | Monthly | Professional: 5 secret shards, 10 users, 100 wallets, 600 tx/month, 10 policy rules |
| Subscription | Multi-year contract | Enterprise: Bespoke configuration with full API access |
Go-to-market motion3 records
Distribution channels3 records
Marketing channels5 records
Custonomy product offering
Product offeringCore offering
Custonomy provides institutional-grade Multi-Party Computation (MPC) key management solutions for managing, storing, and transacting digital assets and real-world assets (RWAs). Its two flagship offerings are the Custody Platform, an enterprise-grade MPC wallet for financial institutions and custodians supporting dozens of blockchain networks, and Web3asy, an embedded non-custodial MPC wallet-as-a-service for Web3 projects that enables social login, passkey authentication, and account abstraction for seamless user onboarding.
Product overview
Custonomy is a digital asset and RWA custody solution provider offering two core products: the Custody Platform (an institutional-grade MPC wallet solution for enterprises managing digital assets across dozens of chains) and Web3asy (an embedded non-custodial MPC wallet for Web3 projects enabling easy user onboarding with social login, Passkeys, and Account Abstraction). The platform supports multi-chain operations with threshold signing, native staking, exchange integration, and Dapp connectivity. Pricing tiers include Essential (3-month free trial), Professional, and Enterprise packages with API access.
Differentiator
Problem solved
Functional benefit
Brands
- Web3asy: An embedded non-custodial MPC wallet solution for projects that enables social login, no seed phrases, and easy Web3 onboarding for users.
Products and services
- Custody Platform An institutional-grade digital asset custody platform with ultra-secure MPC key management, supporting dozens of blockchain networks and token types. Features threshold signing, automated policy rules, Dapp integration, native staking, and exchange integration. Targets enterprises, financial institutions, custodians, investment funds, and DeFi protocols.
- Web3asy An embedded non-custodial MPC wallet solution for Web3 projects enabling users to create wallets with social login, no seed phrases, and passwordless access via Passkeys. Includes gasless transactions, social recovery, and ERC-4337 compatible account abstraction for seamless Web3 onboarding of end users.
- Wallet as a Service An API-accessible wallet infrastructure service enabling enterprises to integrate Custonomy's MPC wallet technology into their own products and services, including digital currency lending platforms and other Web3 applications.
Quantifiable outcome
- Time to market reduced from weeks/months to days
- +2 more outcomes
Companies that use Custonomy
Customer profileNamed customers6 records
Segments6 records
Ideal customer profiles3 records
Custonomy technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration3 records
Feature8 records
Custonomy partnerships and signals
Strategic signalPartnerships
Four partnerships are on record, tiered core and minor.
- BeosincoreIntegration of Beosin KYT (Know Your Transaction) into Custonomy's custody platform for real-time transaction monitoring. Beosin's advanced monitoring system detects and prevents illicit activities such as money laundering and fraud, enhancing regulatory compliance for Custonomy's clients.
- Prescient AssuranceminorIndependent audit firm that conducted the SOC 2 Type II attestation. Prescient Assurance is a registered public accounting firm in both the US and Canada, providing risk management and assurance services including SOC 2, PCI, ISO, NIST, GDPR, and CCPA compliance assessments.
- BiconomycorePartnership to support Web3 community growth through Account Abstraction-powered Smart Accounts integration. Biconomy's AA technology transforms the wallet layer into a programmable execution layer, enabling easier onboarding and retention of users for wallets and dApp builders. Custonomy integrates Biconomy's AA for no-code wallet deployment.
- HoldexcoreStrategic partnership enabling web3 startups to access Custonomy's award-winning MPC custody solution while leveraging Holdex's advisory and accelerator program. Custonomy provides secure digital asset key management; Holdex provides fundraising platform and startup ecosystem access. Joint go-to-market for startup segment.
Scale indicators3 records
Recent moves6 records
Expansion highlights6 records
Custonomy competitors and assessment
Company assessmentDirect peers
- BitGo: BitGo is a major institutional digital asset custodian offering qualified custody, MPC wallet infrastructure, and multi-chain support. It directly competes with Custonomy's Custody Platform in the institutional custody segment.
- Anchorage Digital: Anchorage Digital is a federally chartered digital asset bank providing institutional custody with MPC and staking services. It competes with Custonomy's enterprise custody platform for regulated institutional clients.
- Safe (formerly Gnosis Safe): Safe provides a multi-signature smart contract wallet infrastructure widely used by DAOs, DeFi protocols, and Web3 projects. It competes with Custonomy's Web3asy embedded wallet in the Web3 developer and treasury management segment.
- Fireblocks: Fireblocks is a leading institutional digital asset custody platform using MPC technology to secure and transfer digital assets across exchanges, custodians, and DeFi. It is the most directly comparable peer, serving the same institutional/VASP segments with MPC-based key management.
- Cobo: Cobo is an Asia-headquartered digital asset custody and wallet infrastructure provider offering MPC and HSM-based custody, DeFi yield, and staking services. It targets institutional clients and Web3 projects with comparable multi-chain and policy-based offerings.
- Liminal: Liminal is an institutional digital asset custody and wallet infrastructure provider operating in APAC and the Middle East, offering MPC-based custody with policy controls and automated workflows for funds, exchanges, and Web3 projects.
- Fordefi: Fordefi provides an institutional MPC wallet and DeFi access platform purpose-built for digital asset managers, traders, and funds. It directly competes in the same institutional MPC custody and multi-chain DeFi connectivity segments.
- Hex Trust: Hex Trust is an Asia-based institutional digital asset custodian offering a fully managed platform with MPC custody, staking, and DeFi access. Like Custonomy, it focuses on licensed financial institutions and VASPs in APAC markets.
Broad incumbents
- Coinbase Custody: Coinbase Custody is the institutional custody arm of Coinbase, offering qualified custody for digital assets as part of a broader trading and prime brokerage platform. It competes in the institutional custody space with the backing of a public, well-capitalized parent.
- Zodia Custody: Zodia Custody is an institutional digital asset custodian backed by Standard Chartered and Northern Trust, offering segregated custody for banks, asset managers, and corporate treasuries. It competes for tier-1 institutional mandates.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat5 records
Key risks5 records
Key highlights6 records
Customer concentration
Custonomy social profiles
Digital presenceCustonomy compliance and trust
Trust signalCompliance2 records
Custonomy financial estimates
Financial estimateRevenue estimate
Valuation estimate
Custonomy leadership team
Management profileNumber of profiles
Profiles4 records
Custonomy funding detail
Funding detailFunding overview
Funding rounds1 record
Investors3 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Custonomy 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 Custonomy
What does Custonomy do?
Custonomy provides institutional-grade Multi-Party Computation (MPC) key management solutions for managing, storing, and transacting digital assets and real-world assets (RWAs). Its two flagship offerings are the Custody Platform, an enterprise-grade MPC wallet for financial institutions and custodians supporting dozens of blockchain networks, and Web3asy, an embedded non-custodial MPC wallet-as-a-service for Web3 projects that enables social login, passkey authentication, and account abstraction for seamless user onboarding.
Is Custonomy a public or private company?
Custonomy is a private company. It is classified as venture growth investor backed and is currently operating.
When was Custonomy founded?
Custonomy was founded in 2020. It employs 1 to 10 people.
Where is Custonomy based?
Custonomy is headquartered in Hong Kong, Hong Kong SAR China, in the Asia region.
How does Custonomy make money?
Two revenue lines are on record. Subscription - SaaS Platform Licenses are the primary driver. The others are web3asy Wallet-as-a-Service.
Who are Custonomy's main competitors?
Direct peers on record are BitGo, Anchorage Digital, Safe (formerly Gnosis Safe), Fireblocks, Cobo, Liminal, Fordefi and Hex Trust. Broad incumbents are Coinbase Custody and Zodia Custody.
Does Custonomy have an API?
No public API is recorded for Custonomy.
What industry is Custonomy in?
Custonomy's product category is Digital Asset Custody. Its primary akta.pro industry code is FSAGAMAB, Digital Asset Custody & Key Management (MPC, HSM, Wallet Infra), with a secondary code of FSAPACAD, Institutional Custody & Qualified Custodians (HSM-backed, segregated custody). Its NAICS code is 518 and its SIC code is 6199.