Glossary

Wallets, Security & Custody

What are the different crypto custody models?

Crypto custody models describe who holds the private keys that control digital assets. The three common models are self-custody, where you alone hold the keys; custodial or third-party custody, where an exchange or qualified custodian holds keys on your behalf; and collaborative custody, where keys are shared across parties using methods like multisig or MPC. For example, a wallet app you control is self-custody, while assets held by an exchange are custodial. Each model trades off control, convenience, and where responsibility for security sits.

Crypto investments are subject to market risk and volatility. Past performance is not indicative of future returns. This is general information, not investment advice — consider your own circumstances or consult a qualified adviser before investing.

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