The best governance for crypto companies is a category within BeInCrypto Enterprise 100 Awardswhich covers companies whose overall market discipline, banking charters, board structure, audit maturity, and record of crisis response determine digital asset governance standards.
The 15 companies below are listed alphabetically and are not ranked. The shortlist will be named in May 2026, with the winner announced in Proof of Hadith In Paris on June 2 and 3, 2026.
- Long list: 15 companies across listed cryptocurrency companies, federal cryptocurrency banks, regulated custodians, TradFi banks, and digital asset platforms in the public market
- to request: Listed alphabetically, not ranked
- Initial assembly: More than 30 companies were examined; 15 Advance to longlist
- Scoring: 20% quantitative data. · 80% Council of Experts
- Criteria evaluated: Overall market discipline, strength of banking charter, independence of the board of directors, audit maturity, incident response, quality of disclosure, credibility of leadership.
- Data sources: OCC, SEC EDGAR, NYDFS, FCA, FINMA, BaFin, MAS, MiCA-CASP records, audited reports, company disclosures, PitchBook, Tracxn, Crunchbase
| firm | Governance sub-sector | Headquarters | It arrives | Top List/Charter | Representative work |
|---|---|---|---|---|---|
| Anchorage Digital | Federally chartered crypto bank | San Francisco / New York / Sioux Falls / Singapore / Porto | $4.2 billion valuation
Supported by a16z, GIC, Goldman Sachs, KKR, Visa, Tether |
Long-term public company governance record
Spiral continues to fund open source Bitcoin |
OCC-supervised bank holding structure
The previous OCC AML matter was resolved after treatment |
| Bitgo | Public + Federally Chartered Preschool | Sioux Falls/Palo Alto | $104 billion + American University in Cairo
$2.08 billion valuation at IPO |
New York Stock Exchange: BTGO
OCC final charter of the National Trust Bank |
The IPO was completed on the New York Stock Exchange in January 2026
The first federally chartered public digital asset infrastructure company |
| roadblock | General financial technology with bitcoin surface | San Francisco, USA | Cash App + Square ecosystem
57 million monthly Cash App activities |
New York Stock Exchange: XYZ
Public since 2015 |
The NYSE listing brought a general governance framework
Tom Farley leads as CEO |
| Bank of New York | A global bank with crypto storage | New York, USA | 55.8 trillion US dollars
Oldest American bank and securities company |
New York Stock Exchange: BK
OCC regulated bank |
Co-custodian of the Morgan Stanley Bitcoin Fund
Direct custody of BTC and ETH since 2022 |
| rising | General institutional exchange | (George Town, Cayman Islands). | The institutional spot and the place of derivatives
Stock market governance in the public market |
New York Stock Exchange: Plush
It was listed via SPAC in August 2025 |
The charter was approved in December 2025
Inherits Fidelity’s corporate governance framework |
| Internet circle group | Public stablecoin source | Boston/New York City | USDC $73 billion market capitalization
Deloitte monthly reserve certificates |
New York Stock Exchange: CRCL
OCC National Conditional Trust Charter |
The first public stablecoin issuer after an IPO
The conditional charter was granted in December 2025 |
| Coinbase | Public native crypto platform | Wilmington/San Francisco | Standard & Poor’s 500 inclusion
Deloitte Auditor and SOX Framework |
Nasdaq: Currency
One year since April 2021 |
The SEC’s February 2025 enforcement action was dismissed
The Board of Directors includes leading investors and operators in the technology space |
| Fidelity Digital Assets, NA | The federal fund is managed by an asset manager | Boston, USA | Backed by Fidelity’s $15T+ AUA platform
FBTC and FETH Nursery |
OCC National Conditional Bank Charter
Transfer from New York State Fund |
Secret IPO filing with the Securities and Exchange Commission in November 2025
Deutsche Börse has acquired a strategic stake worth $200 million |
| Galaxy Digital | A multi-product public crypto company | New York/Delaware | Trading, asset management, investment banking, mining
General market framework in the United States |
Nasdaq: Galaxy
It was repatriated from Toronto to Delaware |
The Nasdaq listing was completed in May 2025
It turned into a complete governance system incorporated in the United States |
| kraken (push) | Multi-charter crypto bank + IPO track | San Francisco, USA | Profitable with positive EBITDA
Krak is available in 130 countries |
Wyoming SPDI Charters
An OCC trust application was filed in May 2026 |
The Bitstamp acquisition closed in June 2025
The acquisition of WonderFi expands Canada’s presence |
| Robinhood Markets | Public broker with crypto stack | Menlo Park, USA | 26 million funded customers
Bitstamp adds global crypto licenses |
Nasdaq: HUD
One year since July 2021 |
The company’s public disclosure system is long-standing
The Bitcoin treasury model is controlled through public deposits |
| Securitization | Coding infrastructure regulated by the Securities and Exchange Commission (SEC). | Miami, USA | $4 billion+ token assets
Partners include BlackRock, Apollo, and BNY |
SEC Registered Broker-Dealer, ATS, Transfer Agent, ERA
A NASDAQ SPAC is planned |
SPAC merger announced at $1.25 billion valuation
The New York Stock Exchange has chosen Securitize for its securities tokenization platform |
| Standard Chartered | A global bank with a range of digital assets | London, United Kingdom | Assets $900 billion
Banking history of over 170 years |
London Stock Exchange: Stan and Hong Kong Stock Exchange: 2888
Governance of multi-jurisdictional banks |
Custody of digital assets through SC Ventures and Zodia
Candidate for a stablecoin license in Hong Kong |
| Strategy (microstrategy) | Bitcoin Public Treasury Company | Tysons Corner, Virginia | Largest corporate BTC holder
Public since 1998 |
Nasdaq: MSTR
It was rebranded from MicroStrategy in 2025 |
Long-term disclosure system for public companies
The Bitcoin treasury model is controlled through public deposits |
| We suck | A crypto bank licensed in Switzerland | Zurich, Switzerland | Over 2,000 enterprise clients
$5B+ assets under management and unicorn valuation |
FINMA banking license
MAS, Liechtenstein, ADGM permissions |
Rhino status was reached in January 2025
Sygnum Connect and Sygnum Protect are straightforward |
About this list
The BeInCrypto Institutional 100 – Crypto Corporate Governance (2026 Longlist) identifies companies whose governance structures support institutional trust in digital assets. Companies are listed alphabetically and are not ranked at this stage.
This category includes listed domestic cryptocurrency companies, federally licensed cryptocurrency banks, traditional financial institutions with physical digital asset operations, and highly regulated private infrastructure providers. Companies with unresolved fundamental governance concerns are not promoted to the long list, regardless of their size.
methodology
This category is rated under Track C of the BeInCrypto Institutional 100 methodology: 20% based on quantitative metrics and 80% based on expert board scores.
The assessment covers seven criteria: public market discipline and SOX-equivalent disclosure; Banking charter or strength of regulatory framework; Independence of the Board of Directors; audit and compliance maturity; responding to regulatory or security incidents; Transparency; And leadership credibility.
A negative signal check serves as a prerequisite. Companies with significant unresolved governance failures are excluded from primary consideration before scoring.
Data was verified using OCC National Bank Charter records, SEC EDGAR filings, NYDFS Trust and BitLicense records, FCA, FINMA, BaFin, MAS, MiCA-CASP records, audited annual reports, corporate disclosures, and private market sources, including PitchBook, Tracxn, and Crunchbase.
this post BeInCrypto Institutional Research: 15 Companies Setting the Standards for Cryptocurrency Corporate Governance appeared first on BeInCrypto.
