Zodia Custody review

The service is operated by Zodia Custody Limited, which is headquartered in the UK. That same entity is the one named in the licences held for the provider, so the company you open the account with is the firm the regulators refer to.

It is a custodial wallet. Zodia Custody holds the keys on your behalf, so the assets sit with the provider rather than on a device under your control, and moving them depends on the provider's own processes and access rules.

The Financial Conduct Authority in the UK, the Commission de Surveillance du Secteur Financier in Luxembourg both as a supervised entity and as a payment institution, the ADGM Financial Services Regulatory Authority in the UAE, and the Hong Kong Companies Registry as a trust or company service provider.

Keys are held in Hardware Security Modules (HSMs) in secured data centres. The model is the provider's own infrastructure rather than a chip inside a gadget in your possession, so trust sits with the operator and its controls instead of with a device you carry.

The list covers from 75 coins, above the 62 mark that divides wallets in this category. Broad asset coverage is the practical pull for anyone holding a mixed portfolio rather than a few main assets.

It is a software wallet: a custodial account rather than a physical product. Nothing has to be ordered, carried or lost, but the key material never reaches your hands either, so the custody decision stays with the provider.

Support runs on email. Help is a written exchange rather than a live conversation, which suits readers who are happy to keep a record of the thread and less suited to anyone who wants a phone call during a market move.

A self-custody option such as Nebeus keeps keys with the holder, on the self custody model, while Zodia Custody operates on custodial terms. Custody suits readers who want a regulated provider in charge; self-custody suits those who will handle recovery and security alone.