AMINA Bank
Swiss bank with hot, cold and off-exchange crypto custody, segregated under Swiss law
Quick Overview
| Company | AMINA Bank AG |
|---|---|
| Category | Crypto Custody Providers |
| Headquarters | Zug, Switzerland |
| Founded | 2019 |
| EU Presence | Yes - Switzerland |
| Data Location | Not stated on pages checked |
| Open Source | No |
| GDPR Compliant | Yes |
| Self-Hosting | No |
| Main Features | Hot wallet, cold wallet, off-exchange custody, NFT custody, staking, loans against crypto, trading, payments network, tokenization |
| Pricing | See website |
| Best For | Corporates and institutions that want crypto custody and banking at one Swiss bank |
| Replaces | BitGo, Coinbase Custody |
Detailed Review
AMINA Bank AG, Kolinplatz 15, Zug, is a Swiss bank licensed and supervised by FINMA, with an FSRA-regulated branch in the Abu Dhabi Global Market. It says it has been building bank services for digital assets since 2019.
Custody sits next to deposits, loans, trading and payments, so a client can hold crypto in segregated custody and borrow or trade against it within one banking relationship.
Segregated by Swiss law
The custody page states that crypto assets are fully segregated under Swiss federal law, which it presents as protection from counterparty risk. Segregated assets can back derivatives, loans and margin trading.
Hot, cold and off-exchange
The hot wallet is managed through AMINA Online Banking or the mobile app with multi-factor authentication. The cold wallet is offline with an air gap and insurance for professional indemnity, specie and cyber risk. Off-exchange custody lets clients trade while assets stay in custody.
NFTs and stablecoins
AMINA says it was the first regulated bank to offer NFT custody. The enterprise side lists omnibus accounts, API integration, client money accounts and a stablecoin rewards account.
Limitations to Consider
Custody is a part of a full bank, so account opening follows banking onboarding and may be slower than at a specialist vault. Prices are linked from the site but the pricing page was not readable here, so no fee is quoted. Insurance wording differs between hot and cold wallet pages and no amount was stated. It offers no on-premises or white-label key software.
Who Should Use AMINA Bank
Companies, funds and family offices that want a Swiss-regulated bank for custody, treasury, loans and payments in one place, instead of a pure technology vendor.
Pros and Cons
Pros
- FINMA-licensed bank
- Segregation under Swiss law stated
- Hot, cold, off-exchange and NFT custody
- Credit and trading against custodied assets
- Offers APIs and omnibus accounts to enterprises
Cons
- Banking onboarding applies
- No fee quoted on pages read
- Insurance amounts not stated
- No on-premises or white-label option
Alternatives to AMINA Bank
Other European crypto custody providers worth comparing before you decide:
DFNS
France · Wallet-as-a-service on MPC, SaaS or fully on-premises
Tangany
Germany · BaFin-licensed wallet-as-a-service custody for platforms
Boerse Stuttgart Digital Custody
Germany · Fiduciary crypto custody from a German exchange group
Taurus
Switzerland · Custody software for banks, with keys held by the client
See all European crypto custody providers or compare them directly against BitGo on our alternatives page.
Frequently Asked Questions
Yes. Its legal notice says it is a Swiss licensed bank, incorporated under Swiss law and regulated by FINMA, headquartered in Zug.
The custody page states full segregation under Swiss federal law, and describes insurance for professional indemnity, cyber and, for cold storage, specie risks.
Yes, the site says it was the first regulated bank to offer NFT custody.