Ceffu
Ceffu is a Singapore-based institutional digital asset custody platform offering MPC-backed cold storage wallets and off-exchange settlement (MirrorX, MirrorRSV) integrated with Binance and KuCoin Institutional, serving asset managers, crypto-native firms, and trading desks across licensed jurisdictions in Dubai and Bhutan.
- Company typePrivate
- Founded2021
- HeadquartersHong Kong, Hong Kong SAR China
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
What Ceffu does
Ceffu (legal entity: Ceffu Digital Pte. Ltd., Singapore) is an institutional digital asset custody platform founded in 2021 that provides MPC-backed wallet infrastructure, off-exchange settlement, and related services to crypto-native firms, asset managers, trading desks, and fintech platforms globally. The product suite comprises three wallet products — Qualified Wallet (cold storage with distributed key management on air-gapped FIPS 140-3 devices), Prime Wallet (hybrid cold/hot), and Co-sign Wallet (2-of-3 key-share co-ownership) — built on multi-party computation cryptography and complemented by off-exchange settlement products MirrorX and MirrorRSV, which let clients trade on Binance and KuCoin Institutional while assets remain in Ceffu's independent custody. The platform supports 352 tokens across multiple blockchain networks, real-time AML and blockchain analytics, configurable multi-approval governance policies, native staking (including Bitcoin staking via Babylon Protocol), institutional escrow, and the Ceffu Loyalty Program.
Ceffu monetizes through subscription custody fees, MirrorX and MirrorRSV transaction fees, staking-related services, and bespoke escrow fees, with tiered, quote-based pricing that was reset in March 2026 with custody fee reductions of up to 40%. Go-to-market is exclusively direct enterprise sales targeting institutional buyers via a 'Request Demo' / 'Get Started' intake process and designated Account Managers. The company is differentiated by its exclusive institutional custody partnership with Binance and by regulatory credentials including a Full VASP license from Dubai VARA (Ceffu Custody FZE), a full Financial Services License from Bhutan's Gelephu Financial Services Office, ISO 27001, ISO 27701, and SOC 2 Type 2 attestations. Customers include Hash Global, United Stables, Neutral Trade, BounceBit, LTP, WithMetis Markets, Scallop, GlobalBlock, CommonSense, Resolv Labs, and Orderly, with strategic alliances spanning Franklin Templeton, Anchorage Digital Bank, Falcon Finance, KuCoin Institutional, and Solv Protocol.
Ceffu firmographics
Firmographics- Name
- Ceffu
- Legal name
- Ceffu Digital Pte. Ltd.
- Website
- https://ceffu.com
- Company type
- Private
- Founded year
- 2021
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Ceffu is a Singapore-based institutional digital asset custody platform offering MPC-backed cold storage wallets and off-exchange settlement (MirrorX, MirrorRSV) integrated with Binance and KuCoin Institutional, serving asset managers, crypto-native firms, and trading desks across licensed jurisdictions in Dubai and Bhutan.
- Ownership category
- akta.pro rank
Ceffu industry classification
Industry- Product category
- Institutional Digital Asset Custody
- NAICS
- Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320), Funds, Trusts, and Other Financial Vehicles (525)
- SIC
- Security & Commodity Brokers, Dealers, Exchanges & Services (6200), Finance Services (6199)
- akta.pro primary industry
- Crypto Custody & Exchange Wallet Services (Integrated) (FSADAAAG)
- akta.pro secondary industries
- Custodial Wallets & Hosted Accounts (exchange/fintech custody, omnibus wallets) (FSAPACAC), Digital Asset/Crypto Trade Execution Platforms (FSAFANAO), Crypto Payments & Stablecoin Settlement Platforms (BPAMAFAL), Prime Custody Integration & Tri-Party Workflows (FSADAJAL)
Keywords
Where Ceffu is headquartered
LocationHeadquarters
- HQ city
- Hong Kong
- HQ country
- Hong Kong SAR China
- HQ region
- Asia
Offices3 records
Markets served
Ceffu business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Infrastructure, Operations, Marketing or Sales, Others
Revenue model
- Custody Fees: Annual/custody fees charged for digital asset storage in Qualified Wallet, Prime Wallet, and Co-sign Wallet. Fee schedule updated March 2026 with reductions of up to 40% based on applicable tiers. Base fee structure varies by wallet type and asset volume.
- MirrorX / MirrorRSV Settlement Fees: Fees charged for off-exchange settlement services enabling institutional trading on partner exchanges (Binance, KuCoin) while assets remain in custody. Fee adjustments implemented March 2026.
- Staking & Rewards: Staking services including native staking and third-party protocol integrations (Babylon BTC staking, SOL staking) generate platform engagement and may contribute to fee revenue. Loyalty program provides fee credits and invoice offsets.
- Escrow Services: Fees for bespoke institutional escrow transactions executed through Qualified Wallet cold storage infrastructure.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | Institutional custody with tiered fee structure |
Go-to-market motion1 record
Distribution channels3 records
Marketing channels6 records
Ceffu product offering
Product offeringCore offering
Ceffu is an institutional-grade digital asset custody platform that provides MPC-secured cold and hybrid wallet solutions (Qualified Wallet, Prime Wallet, Co-sign Wallet) for institutions, alongside off-exchange settlement rails (MirrorX and MirrorRSV) that allow clients to trade on partner exchanges such as Binance and KuCoin while assets remain in Ceffu's independent custody. The platform also offers institutional escrow services, native and liquid staking, configurable multi-approval governance, AML and blockchain analytics, and supports over 352 tokens across 50+ blockchain networks.
Product overview
Ceffu is an institutional-grade digital asset custody platform offering a comprehensive suite of wallet solutions and off-exchange settlement services. The platform architecture consists of three core wallet products: Qualified Wallet (MPC-backed cold storage), Prime Wallet (hybrid cold/hot), and Co-sign Wallet (2-of-3 key share co-ownership). Built on multi-party computation (MPC) technology with ISO 27001/27701 and SOC 2 Type 2 certifications, Ceffu provides secure custody integrated with exchange liquidity through MirrorX (direct exchange trading) and MirrorRSV (collateral-backed margin trading). Additional services include native staking, escrow, and the Ceffu Loyalty Program for capital efficiency. The platform connects to Binance as its primary exchange partner, with expanded connectivity to KuCoin Institutional, while supporting real-world asset tokens and institutional Bitcoin staking via Babylon Protocol.
Differentiator
Problem solved
Functional benefit
Brands
- Qualified Wallet: MPC-backed institutional-grade cold storage wallet with innovative custody and liquidity solutions
- Prime Wallet
- Co-sign Wallet
- MirrorX
- MirrorRSV
- Ceffu Loyalty Program
- Escrow
Products and services
- Qualified Wallet MPC-backed institutional-grade cold storage wallet with distributed key management on FIPS 140-3 compliant air-gapped devices. Features threshold signing scheme, zero trust security, segregated on-chain wallet addresses, and supports 352 tokens. Designed for institutional clients needing offline storage with disaster recovery.
- Prime Wallet Hybrid cold storage and hot wallet solution with network-agnostic withdrawal capabilities. Combines the security of cold storage with flexibility for fast transactions; powers the MirrorX off-exchange settlement solution with Binance. Supports 130 tokens.
- Co-sign Wallet MPC-based wallet requiring 2-of-3 key shares to approve transactions, with one key share bound to user's personal device. Provides institutional clients with closer integration into the approval process and greater control over transaction signing. Supports 187 tokens.
- MirrorX Off-exchange settlement solution enabling institutional clients to trade on partner exchanges (Binance, KuCoin) while assets remain in Ceffu's independent custody. Assets are delegated 1:1 to exchange sub-accounts with automated T+1 settlement. KuCoin integration adds automated 4-hour off-chain settlement.
- MirrorRSV Off-exchange settlement solution enabling clients to use assets held in Qualified Wallet cold storage as collateral for Binance Portfolio Margin trading while receiving representative assets at 1:1 ratio. Supports BTC, ETH, USDT, USDC, and RWA tokens (cUSDO, USYC, BUIDL) as collateral. On-demand settlement.
- Escrow Institutional-grade escrow service enabling secure, bespoke transaction terms with assets held in Ceffu's Qualified Wallet cold storage. Features segregated on-chain wallets, MPC technology, and disaster recovery capabilities.
- Staking Native staking solutions allowing institutional clients to earn rewards on digital assets held in custody. Includes integration with Babylon Protocol for Bitcoin staking and support for BNSOL and WBETH staking rewards.
- Ceffu Loyalty Program Integrated benefits program offering fee benefits, invoice offsets, and credits on qualifying digital assets (USDe, USDC) held under custody, without requiring asset transfers to external protocols.
Quantifiable outcome
- Custody fee reductions of up to 40% effective March 2026, enabling lower cost of asset holding across custody wallets
- +3 more outcomes
Companies that use Ceffu
Customer profileNamed customers11 records
Segments3 records
Ideal customer profiles3 records
Ceffu technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration6 records
Feature12 records
Ceffu partnerships and signals
Strategic signalPartnerships
Nine partnerships are on record, tiered core.
- Anchorage Digital BankcoreAnchorage Digital Bank issued fUSD, a GENIUS Act-compliant U.S. dollar stablecoin, with custody managed through Ceffu's institutional infrastructure. Falcon Finance operates a separate rewards program offering approximately 3% annually to qualifying institutional holders. fUSD targets treasury desks, high-frequency traders, and market makers seeking regulated settlement with improved reserve economics.
- Falcon FinancecoreFalcon Finance launched fUSD stablecoin on Ceffu's institutional custody and collateral infrastructure. Falcon Finance operates a rewards program (approximately 3% APY via bilateral contracts) for qualifying institutional holders of fUSD. Ceffu provides custody infrastructure for the stablecoin reserves.
- Neutral TradecoreCeffu's institutional custody and MirrorX solutions power the CeFi execution layer of Neutral Trade's vault strategy, bringing centralized exchange liquidity into DeFi. Neutral Trade deployed over $10 million in assets on Binance with Ceffu since July 2025, running four quantitative strategies spanning directional and market-neutral approaches.
- United StablescoreCeffu selected as digital asset custodian for United Stables, supporting operations for $U stablecoin with institutional-grade cold storage custody and MirrorX off-exchange settlement. $U is designed as a unified settlement layer across fragmented stablecoin markets.
- Gelephu Mindfulness City (GMC)coreStrategic partnership to establish Ceffu's local entity within Gelephu Mindfulness City, Bhutan. Ceffu will bring institutional-grade custody services, contribute to Bhutan's digital asset ecosystem, and participate as a founding partner in GMC's digital asset ecosystem. Includes local hiring, on-the-ground operations, and regulatory licensing. GMC represents a purpose-built Special Administrative Region for mindful, sustainable digital finance development.
- KuCoin InstitutionalcoreStrategic partnership announced November/December 2025 to integrate Ceffu's MirrorX off-exchange settlement solution with KuCoin's institutional platform. The collaboration enhances asset protection, compliance assurance, and operational segregation for institutional investors. Leverages Ceffu's MPC technology and ISO/SOC2 certifications to deliver institutional custody solutions under KuCoin Institutional's 'trust first' approach.
- Franklin TempletoncoreStrategic collaboration announced September 2025 to develop tokenization products and institutional off-exchange collateral programs. Franklin Templeton's Benji Technology Platform issues tokenized money market fund shares that serve as off-exchange collateral for trading on Binance, with custody and settlement infrastructure provided by Ceffu. This enables institutions to earn yield on regulated MMF holdings while using them as collateral without depositing on an exchange. First product launched February 2026.
- Hash GlobalcoreCeffu appointed as independent custodian for Hash Global's BNB Yield Fund, an offshore USD fund providing institutional investors with compliant BNB exposure and stable dividend returns through ecosystem participation. Fund assets held in Ceffu's Qualified Wallet cold storage with MPC technology and segregated account structures.
- Solv ProtocolcoreCeffu partnered with Solv Protocol to offer institutional Bitcoin staking on the Babylon Protocol. Ceffu's MPC-backed Co-sign Wallet integrates with Solv's BTCFi infrastructure and Babylon Labs' staking protocol, enabling institutional clients to stake BTC for PoS blockchains and earn rewards without third-party bridging or wrapping.
Scale indicators7 records
Recent moves8 records
Expansion highlights6 records
Ceffu competitors and assessment
Company assessmentEmerging players
- FalconX: FalconX is a digital asset prime brokerage offering institutional trading, credit, and custody-adjacent services. Comparable to Ceffu in serving institutional traders with integrated custody and exchange access via prime broker workflows.
- Liminal (formerly Liquid): Liminal is an institutional digital asset custody and wallet infrastructure provider focused on Asia, the Middle East, and emerging markets. Comparable to Ceffu in MPC-based custody and emerging-market institutional focus.
Direct peers
- Cobo: Cobo is an Asia-headquartered institutional digital asset custody and wallet infrastructure provider offering MPC and HSM-based custody. Comparable to Ceffu in serving institutional clients across Asia with similar wallet-as-a-service capabilities.
- Anchorage Digital: Anchorage is a federally chartered digital asset bank in the US providing institutional crypto custody, staking, and settlement. Directly competes with Ceffu on the institutional custody proposition and was also a Ceffu partner for the fUSD stablecoin.
- BitGo: BitGo is a major institutional crypto custodian offering qualified custody, cold storage, and prime brokerage services. Direct competitor to Ceffu in serving hedge funds, asset managers, and exchanges with regulated custody and off-exchange settlement.
- Zodia Custody: Zodia Custody is a Standard Chartered-backed institutional crypto custodian serving banks, asset managers, and corporates. Direct competitor to Ceffu in regulated institutional custody, with strong bank-grade compliance positioning.
- Fireblocks: Fireblocks is a leading institutional digital asset custody and settlement platform using MPC technology, serving banks, hedge funds, and trading firms. Directly comparable to Ceffu in core custody architecture, exchange connectivity, and institutional client base.
- Hex Trust: Hex Trust is an Asia-based institutional digital asset custodian offering qualified custody, staking, and DeFi access. Highly comparable to Ceffu in geographic focus, institutional client base, and Asia-centric regulatory footprint.
- Coinbase Prime (Custody): Coinbase Prime provides institutional custody and prime brokerage services to large institutions and hedge funds. Direct competitor to Ceffu in institutional digital asset custody, with broader token coverage and US regulatory licensing.
Broad incumbents
- Galaxy Digital (Custody/Prime): Galaxy Digital is a diversified digital asset financial services firm offering institutional custody, trading, and asset management. Comparable to Ceffu's institutional offering as part of a broader financial services platform rather than a pure-play custody provider.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights5 records
Customer concentration
Ceffu social profiles
Digital presenceCeffu compliance and trust
Trust signalCompliance5 records
Ceffu financial estimates
Financial estimateRevenue estimate
Valuation estimate
Ceffu leadership team
Management profileNumber of profiles
Profiles2 records
Ceffu subsidiaries and ownership
Company hierarchySubsidiaries1 record
Ceffu funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Ceffu 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 Ceffu
What does Ceffu do?
Ceffu is an institutional-grade digital asset custody platform that provides MPC-secured cold and hybrid wallet solutions (Qualified Wallet, Prime Wallet, Co-sign Wallet) for institutions, alongside off-exchange settlement rails (MirrorX and MirrorRSV) that allow clients to trade on partner exchanges such as Binance and KuCoin while assets remain in Ceffu's independent custody. The platform also offers institutional escrow services, native and liquid staking, configurable multi-approval governance, AML and blockchain analytics, and supports over 352 tokens across 50+ blockchain networks.
Is Ceffu a public or private company?
Ceffu is a private company. It is classified as unknown and is currently operating.
When was Ceffu founded?
Ceffu was founded in 2021. It employs 11 to 50 people.
Where is Ceffu based?
Ceffu is headquartered in Hong Kong, Hong Kong SAR China, in the Asia region.
How does Ceffu make money?
Four revenue lines are on record. Custody Fees are the primary driver. The others are mirrorX / MirrorRSV Settlement Fees, staking & Rewards and escrow Services.
Who are Ceffu's main competitors?
Emerging players on record are FalconX and Liminal (formerly Liquid). Direct peers are Cobo, Anchorage Digital, BitGo, Zodia Custody, Fireblocks, Hex Trust and Coinbase Prime (Custody). Galaxy Digital (Custody/Prime) is listed as a broad incumbent.
Does Ceffu have an API?
Yes. Ceffu offers an API for institutional clients to build and automate digital asset custody and settlement operations. The API documentation is available at apidoc.ceffu.io. The platform provides portal access, API access, and a mobile app (Ceffu Institutional Custody) available on the App Store. Developer documentation is at apidoc.ceffu.io.
What industry is Ceffu in?
Ceffu's product category is Institutional Digital Asset Custody. Its primary akta.pro industry code is FSADAAAG, Crypto Custody & Exchange Wallet Services (Integrated), with a secondary code of FSAPACAC, Custodial Wallets & Hosted Accounts (exchange/fintech custody, omnibus wallets). Its NAICS code is 522320 and its SIC code is 6200.