Anchorage Digital custody works with businesses, not individuals, and understanding that one rule up front explains most of what people find confusing about qualifying for it.
Part of our guide: Digital Asset Custody.
The entity requirement comes first
It doesn’t matter how much you hold personally. If your XRP or other digital assets sit in your own name, Anchorage won’t custody them, full stop. You need the assets held inside an entity: a corporation, a trust, or a self-directed IRA. That’s not a technicality, it reflects how institutional custody is structured legally. When a firm like BlackRock custodies assets, it’s custodying for a fund entity, not for an individual executive personally, because entity-level custody carries different liability treatment, different regulatory obligations, and different legal clarity around asset ownership than a personal account does.
This is why Digital Wealth Partners works with clients to establish the appropriate corporate structure before onboarding to institutional custody. It’s a prerequisite for accessing this tier of custody, not an optional add-on.
The asset thresholds
Once the entity structure is in place, there are two paths to qualifying. The first is holding at least 50,000 XRP, which at current prices is roughly $120,000, though that dollar figure moves with XRP’s price. The second path doesn’t require a minimum XRP holding specifically: at least $500,000 in total digital asset portfolio value also qualifies you for institutional custody.
Either threshold gets you onto the same custody infrastructure that institutional players like BlackRock and Fidelity use. Falling short of both means you’re working with retail custody platforms instead, which is not necessarily a problem, but it does come with a different legal and operational framework for how your assets are held and protected.
Why the structure matters as much as the size
It’s tempting to think of institutional custody purely as a function of how much you hold. In practice, it’s really two separate gates: how your assets are legally structured, and how much you hold within that structure. You can clear the dollar threshold and still not qualify if your assets sit in a personal account. Getting the entity structure right first is what makes the asset threshold actually usable.
If you’re considering this path, talk to a professional about which entity structure, corporation, trust, or IRA, fits your specific financial and tax situation, since that choice has consequences well beyond custody eligibility.
Educational only, not tax, legal, or investment advice. Check primary sources and speak with a qualified professional before making financial decisions.
