Acropolis

What Acropolis does

Acropolis (legal entity Acropolis Treasury LLC) is a private corporate Bitcoin treasury platform founded in 2024 and headquartered in Austin, Texas, that provides institutional-grade custody and advisory services to companies seeking Bitcoin exposure without single-custodian or operational risk. The company was incubated and is backed by Early Riders, a Bitcoin-denominated venture fund, and serves corporate treasuries, CFOs, and finance teams as its primary customer segment, with secondary use cases for startups and small and medium businesses. Two named enterprise customers have been disclosed: Brazilian fintech Meliuz and oil-and-gas / mineral and royalty investment fund Maevlo, with operations spanning the United States, United Kingdom, Canada, and Brazil.

The company's core technical offering is Multi-Institution Custody (MIC), a 2-of-3 multisig framework in which three separate regulated institutions — Onramp (US), BitGo (US), and CoinCover (UK), with Tetra Trust (Canada) as an additional keyholder option — each hold one private key, with any two keys required to authorize transactions. This architecture distributes counterparty risk across independent entities and jurisdictions, eliminates single points of failure, and is positioned to combine the ease of third-party custody with the unilateral control of self-custody. Layered on top of MIC are institutional Bitcoin trading execution with deep liquidity access, accumulation strategy and allocation planning, business continuity planning with formal authorization policies, bitcoin-collateralized loans through a partnership with Arch Lending, Restricted Bitcoin Units (RBUs) as Bitcoin-based employee incentive alternatives to stock options, and tax and accounting compliance support. Ancillary assets include the publicly available Bitcoin Per Share Calculator and the New Foundations podcast distributed on YouTube, Spotify, and Apple Podcasts.

Acropolis generates revenue through professional advisory services (outsourced Bitcoin treasury team engagements), managed custody services on the MIC platform, and facilitation fees on bitcoin-collateralized loans. Pricing is quote-based, not publicly disclosed, and consistent with a white-glove enterprise go-to-market executed via direct consultative sales, concierge onboarding, and a partner referral network that includes custody partners, lending partner Arch Lending, startups partner Timestamp, venture partner Early Riders, and referral partner Tim Kotzman. The company markets primarily through content — research reports, open-sourced playbooks, the New Foundations podcast, and organic social — targeting top-of-funnel awareness among CFOs and Treasurers evaluating Bitcoin as a corporate reserve asset.

Name

Acropolis

Legal name

Acropolis Treasury LLC

Website

https://acropolistreasury.com

Company type

Private

Founded year

2024

Operating status

Operating

Headcount range

1–10 employees

Short description

Acropolis is a private corporate Bitcoin treasury platform that provides Multi-Institution Custody (a 2-of-3 multisig framework across Onramp, BitGo, and CoinCover) plus advisory, lending, and employee-incentive services to corporate CFOs, treasuries, startups, and SMBs globally.

Ownership category

akta.pro rank

Product category

Institutional Bitcoin Custody

NAICS

Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320)

SIC

Security & Commodity Brokers, Dealers, Exchanges & Services (6200)

akta.pro primary industry

Digital Asset Custody (Institutional Crypto Custody) (FSAFAHAH)

akta.pro secondary industries

Custody Technology Platforms (Custody-as-a-Service) (FSADACAB), Digital Asset/Crypto Trade Execution Platforms (FSAFANAO), Corporate Cash Management & Treasury ACH (FSAMAGAG)

Keywords

• Corporate Bitcoin treasury
• Institutional crypto custody
• Multisig custody solutions
• Bitcoin treasury advisory
• Corporate treasury management

Headquarters

HQ city

Austin

HQ country

United States

HQ region

North America

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Bitcoin Treasury Advisory Services: Outsourced Bitcoin treasury team providing advisory services for corporate Bitcoin adoption, governance, accumulation strategy, and stakeholder communications.
2. Multi-Institution Custody (MIC) Services: Managed custody services through the 2-of-3 multisig framework with institutional partners Onramp, BitGo, and Coincover. Includes concierge onboarding with one MIC vault.
3. Bitcoin-Backed Lending Facilitation: Facilitation of bitcoin-collateralized loans through Arch Lending partnership, enabling clients to borrow against Bitcoin holdings.

Go-to-market motion2 records

Distribution channels2 records

Marketing channels6 records

Core offering

Acropolis provides Multi-Institution Custody (MIC), a 2-of-3 multisig custody framework engineered for corporate Bitcoin treasuries, distributed across multiple institutions to remove single points of failure. The platform also delivers Bitcoin treasury advisory services, Restricted Bitcoin Units (RBUs), and supporting tools such as a Bitcoin Per Share calculator for CFOs and finance teams operating corporate Bitcoin balance sheets.

Product overview

Acropolis is a corporate Bitcoin Treasury Platform offering a unified solution built around Multi-Institution Custody (MIC), a 2-of-3 multisig framework. The platform provides secure custody, accumulation strategy services, Bitcoin treasury advisory, and ancillary services including Bitcoin-backed loans and Restricted Bitcoin Units (RBUs) for employee incentives. The core MIC product is complemented by tools like a Bitcoin Per Share Calculator and the New Foundations podcast for education and thought leadership. The platform focuses exclusively on Bitcoin to deliver the most comprehensive and specialized treasury management services.

Differentiator

Problem solved

Functional benefit

Products and services

• Multi-Institution Custody (MIC) A 2-of-3 multisig custody framework for corporate Bitcoin treasuries that distributes keys across multiple institutions to eliminate single points of failure and align custody with corporate governance requirements.
• Bitcoin Treasury Advisory Advisory engagements guiding CFOs and corporate finance teams through Bitcoin treasury design, governance, and execution, including institutional trading execution and business continuity planning.
• Restricted Bitcoin Units (RBUs) A corporate treasury instrument framework that helps companies structure and account for Bitcoin holdings on their balance sheet.
• Bitcoin Per Share Calculator A modeling tool that enables corporate finance teams to project Bitcoin-per-share metrics and treasury outcomes.

Named customers2 records

Segments3 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Partnerships

Nine partnerships are on record, tiered minor and core.

• MaevlominorOthers · 1 January 2025Oil and gas fund with focus on mineral and royalty investments, enhancing financial strategy since partnering with Acropolis for its next fund in 2025. Recognized for innovative mindset, leveraging Bitcoin to create long-term treasury value with expert guidance and secure custody.
• OnrampcoreTechnology or IntegrationKey custody partner that coordinates the Multi-Institution Custody (MIC) model. Onramp has been a key player in the Bitcoin ecosystem since inception, leveraging expertise to coordinate innovative custody solutions from its base in the US. It provides and manages the MIC Bitcoin custody solution, enabling secure and scalable treasury management for businesses of all sizes.
• BitGocoreTechnology or IntegrationUS Key Partner - Globally recognized leader in institutional digital asset custody, founded in 2013. Known for pioneering multi-signature security and regulatory compliance, with infrastructure that has safeguarded billions in assets. Collaborates as a keyholder in the MIC custody solution, enhancing security and decentralization of corporate Bitcoin treasuries.
• CoinCovercoreTechnology or IntegrationUK Key Partner - Standout custodian with over a decade of experience in secure digital asset storage, focusing on institutional-grade security and transparency from its UK base. Advanced technology and rigorous compliance standards protect high-value assets. Contributes as a keyholder in the MIC custody framework.
• Tetra TrustcoreTechnology or IntegrationCanada Key Partner - Established with commitment to regulated custody solutions, offering cutting-edge security for digital assets from Canada. Expertise in multi-institutional custody and adherence to global standards. Works as a keyholder in the MIC solution, bolstering resilience and trust in corporate Bitcoin treasury strategies.
• Arch LendingcoreStrategic or Co-development PartnerLending Partner - Leader in Bitcoin-collateralized loans, offering innovative financing solutions from US base. Platform provides secure, efficient lending backed by Bitcoin's pristine collateral qualities, with unmatched liquidity and transparency. Collaborates to offer Bitcoin-backed loan options, enabling clients to access liquidity without selling holdings.
• TimestampminorStrategic or Co-development PartnerStartups Partner - Regulated investment platform built for the Bitcoin economy, empowering founders with infrastructure registered with SEC and FINRA. Facilitates compliant capital raises for startups. Partners to unlock Bitcoin treasury strategies for private companies, allowing founders to raise capital and deploy into secure custody.
• Tim KotzmanminorGTM or Marketing PartnerReferral Partner - Respected figure in Bitcoin space and host of Bitcoin Treasuries Podcast, with over a decade of expertise as part of MSTR True North crew. Deep knowledge and influential network amplify impact in corporate Bitcoin adoption. Partners by referring clients and sharing insights, boosting reach and credibility.
• MeliuzminorOthersLeading Brazilian fintech company transforming its financial strategy by partnering with Acropolis to adopt a Bitcoin treasury. Uses Acropolis for secure custody and expert management, leveraging Bitcoin to preserve capital and drive long-term value.

Scale indicators1 record

Recent moves6 records

Expansion highlights6 records

Direct peers

• Unchained Capital: Unchained is a Bitcoin-native financial services firm offering collaborative multisig custody, BTC-backed lending, and IRAs. It competes most directly with Acropolis on the corporate Bitcoin treasury use case, where both pitch multisig-based custody to eliminate single-custodian risk.
• Swan Bitcoin: Swan provides Bitcoin-only financial services including IRAs, custody, and treasury management for individuals and businesses. Swan Private, its corporate offering, overlaps with Acropolis's Bitcoin treasury advisory and custody pitch.
• River Financial: River offers Bitcoin financial services including custody, treasury, and compensation tools for businesses, with a Bitcoin-only focus similar to Acropolis. Both target corporate treasuries and high-net-worth Bitcoin holders with concierge-style service.

Others

• Arch Lending: Arch Lending is a Bitcoin-collateralized lender that partners with Acropolis to offer liquidity-against-Bitcoin services. It is an ecosystem peer in the corporate BTC treasury stack, providing the lending leg of Acropolis's bundled offering.
• CoinCover: CoinCover provides digital asset security technology and insured custody infrastructure, and is a UK keyholder in Acropolis's MIC. It is an enabling technology peer whose products underpin institutional crypto custody solutions.
• Tetra Trust: Tetra Trust is a Canadian-regulated digital asset custodian and a keyholder in Acropolis's MIC. It is an infrastructure peer operating in the same corporate BTC custody niche, particularly for Canadian and cross-border mandates.
• Onramp Bitcoin: Onramp is a Bitcoin-native custody and advisory firm that coordinates Acropolis's MIC framework and holds one of three keys. It serves adjacent corporate and high-net-worth clients, and is both a partner and an adjacent provider in the same custody ecosystem.

Broad incumbents

• Anchorage Digital: Anchorage is a federally chartered digital asset bank offering institutional custody, trading, and staking. It addresses the corporate treasury segment with regulated custody, overlapping with Acropolis's institutional custody value proposition.
• BitGo: BitGo is one of the largest institutional digital asset custodians and a keyholder in Acropolis's MIC framework. As a broad incumbent it offers custody, lending, trading, and staking across many assets, and could itself serve the same corporate treasury need that Acropolis addresses.
• Coinbase Prime: Coinbase Prime is the institutional arm of Coinbase, providing custody, trading, and financing for digital assets. It competes for the same corporate treasury mandates Acropolis targets, but at much larger scale and with broader asset coverage.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks7 records

Key highlights7 records

Customer concentration

• Xx.com/acropolisbtc
• YouTubeyoutube.com/@NewFoundationsPodcast
• LinkedInlinkedin.com/company/acropolistreasury

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Acropolis