With a decade of proven custody and unmatched security infrastructure, Xapo Bank is the trusted home for institutional Bitcoin.
Leverage your BTC to unlock USD financing
Get USD immediately, with flexible terms, using your Bitcoin as collateral. Fund today's plans and needs, without compromising your long-term Bitcoin vision.
Earn up to 4% on your Bitcoin holdings
The Bitcoin in your reserves can do more with our BTC Credit Fund*. With targeted annual Bitcoin returns of 2 - 4%, paid upon redemption, this fund grows your balance sheet without losing sight of risk management.
Designed for a variety of institutions with Bitcoin holdings.
Family Offices
Foundations
LLCs
Businesses
Bitcoin Miners
Trusts
Level up your business
How your organisation will benefit from a Xapo Institutional Account
Earn up to 4% with our BTC Credit Fund*
Xapo Institutional membership grants access to our BTC Credit Fund, which targets an annualised return of 2 - 4%, paid in BTC.
Finance your strategy with BTC
Borrow USD against your BTC collateral for strategic purposes. A range of loan durations are available.
The “best execution” on your trades
Institutional members receive Request for Quote (RFQ) for automated orders, and a suite of Market Makers to provide institutional-grade liquidity for OTC orders (typically >$2 million).
Access a USD bank account
On- and off-ramp USD with overnight or term returns. We offer competitive FX rates on major currency pairs and all stablecoin conversions.
An unrivalled custody proposition
Store your Bitcoin in global military-grade bunkers secured by MPC technology and robust governance protocols.
Best-in-class security infrastructure
Take full control of your organisation's Bitcoin with our industry-leading self-managed custody platform.
With multi-party computation and a global network of private bomb-proof bunkers, Xapo Bank provides exceptional digital and physical security infrastructure, backed by robust governance protocols.
A cutting-edge approach to Bitcoin custody.
Why Xapo?
A unique approach to Bitcoin growth and finance.
A unique approach to Bitcoin growth and finance.
Real support, Whenever you need it
From exploring the BTC Fund to managing your savings, our team is ready to help — 24/7, right from your app.
Dedicated relationship manager— Personalised support from your relationship manager.
24/7 assistance— Get help anytime through in-app chat or email.
Bitcoin expertise— Guidance from specialists who understand both banking and crypto.
Let's talk
FAQs
See all FAQs
The Xapo Institutional Account is a powerful financial platform built on five core pillars, enabling your organisation to manage and grow its digital assets:
Institutional-grade custody for your Bitcoin, ensuring top-tier security infrastructure and peace of mind.
A USD bank account that allows you to earn competitive yields on your USD balances.
Access flexible financing, enabling you to borrow USD against your Bitcoin collateral without selling your assets.
Direct access to the Bitcoin Credit Fund to generate an enhanced return on your Bitcoin holdings.
Efficient trade execution at institutional-level pricing for both your crypto and fiat orders, all within one integrated platform.
No. All payments to and from this account must be between your Xapo Bank account and bank accounts or wallets that share the exact same account holder name. This means you cannot send or receive funds from a third party (e.g., paying a supplier or processing payroll).
At Xapo, we employ a world-class security architecture for your digital assets, integrating advanced technology with formidable physical protection. Our digital defenses are powered by Multi-Party Computation (MPC), an innovative technology that eliminates any single point of failure by securely splitting and distributing cryptographic keys. This digital strength is further reinforced by our unparalleled physical security, which includes a global network of secret, bomb-proof bunkers. These ultra-secure facilities are kept offline and protected by rigorous operational protocols, armed guards, and advanced surveillance.
Yes, all corporate account fiat balances are protected under the Gibraltar Deposit Guarantee Scheme (GDGS) up to £120,000 or its equivalent in another currency.
Our Institutional Account may not be the ideal fit for your contracting business. It is a specialised solution for managing an organisation’s crypto and fiat funds, and its benefits are typically most realised by entities with significant holdings or borrowing needs in the millions.
Yes, absolutely. The account features built-in permissions, roles, and responsibilities crucial for maintaining security and compliance. It supports dual authorisation for key transactions, while also accommodating single-user access for sole-owner entities.
Yes, we are equipped to review and onboard organisations with complex holding structures on a case-by-case basis. Our primary focus is on developing a solution that meets your needs while adhering to our strict security and compliance policies. A core principle we follow is that all funds must be moved exclusively to and from accounts held in the same legal name as the verified entity, this ensures transparency and security across your transactions.
The Institutional Account serves legal entities and arrangements (i.e. non-natural persons) seeking strategic management of their Bitcoin and fiat reserves on their balance sheet. The Institutional platform provides online access, with the option of different user access levels for different roles, essential for organisational control. Unlike a personal account, it is not intended for a high-volume of payments, it only allows transfers of funds to and from accounts in the organisation's ‘own name’ and it does not include debit cards.
Our onboarding requirements adhere to standard financial industry practices. We will guide you on the specific documents needed, which vary depending on your entity's legal type. Typically, this includes: Business registration documents. Identification for key personnel (e.g., passports). Proof of the business operating address. Source of Funds (SOF) documentation (e.g., bank statements, proof of income). Company documents confirming authorised representatives.:
Registration / Incorporation / Establishment documents.
Documentation enabling the identification of key personnel.
Identification documents for key personnel (e.g. passports).
Proof of the business operating address.
Source of Funds (SOF) and Source of Wealth (SOW).
Company documents confirming authorised representatives.
We understand that transitioning from an individual to a legal entity account can be a strategic move. Based on the correct legal documentation behind this transfer it will be reviewed. We are equipped to assist with asset transfers, account setup, and the necessary compliance re-onboarding process, however, we cannot provide legal, tax or financial guidance in relation to a transfer of assets.
Xapo Bank’s Institutional Accounts provides a specialised suite of services designed for the needs of our clients:
Bitcoin and banking services - required by Family Offices (FOs) and Ultra-High-Net-Worth (UHNW) Companies.
Bitcoin-backed USD financing - required by Proprietary Trading Firms, Prime Brokers and Hedge Funds.
Bitcoin Treasury Account Services - required by Exchanges, Digital Asset Treasuries (DATs) and Corporates.
Onboarding follows three steps:
Step 1 - To start, an authorised representative from your organisation should initiate a request by clicking on the ‘Schedule a call’ on the Xapo Bank Institution webpage
Step 2 - You will be asked to provide your organisation’s details and indicate the solutions you require, after which we will contact you with a list of necessary supporting documents.
Step 3 - Providing accurate and complete information ensures a fast onboarding process, typically completed within three weeks.
Not all applications are successful as Xapo’s Institutional Account might not be a match for your requirements for institutional banking.
There is no minimum balance required for these accounts or wallets. An Annual Platform Fee (also payable monthly) will apply based on your specific requirements. The fee grants access to our services, often at no additional cost or at institutional-grade rates. Bitcoin custody is included in the Annual Platform Fee without percentage-based custody fees.
Xapo Bank is unable to onboard institutions that are registered, operating or controlled by persons located in countries that Xapo Bank deems to be high-risk. This includes, without limitation, countries subject to applicable international sanctions or those listed on the Financial Action Task Force (FATF) blacklist.
Please note that some of our services might be restricted in certain jurisdictions.
The Xapo Institutional Account is a powerful financial platform built on five core pillars, enabling your organisation to manage and grow its digital assets:
Institutional-grade custody for your Bitcoin, ensuring top-tier security infrastructure and peace of mind.
A USD bank account that allows you to earn competitive yields on your USD balances.
Access flexible financing, enabling you to borrow USD against your Bitcoin collateral without selling your assets.
Direct access to the Bitcoin Credit Fund to generate an enhanced return on your Bitcoin holdings.
Efficient trade execution at institutional-level pricing for both your crypto and fiat orders, all within one integrated platform.
The Institutional Account serves legal entities and arrangements (i.e. non-natural persons) seeking strategic management of their Bitcoin and fiat reserves on their balance sheet. The Institutional platform provides online access, with the option of different user access levels for different roles, essential for organisational control. Unlike a personal account, it is not intended for a high-volume of payments, it only allows transfers of funds to and from accounts in the organisation's ‘own name’ and it does not include debit cards.
No. All payments to and from this account must be between your Xapo Bank account and bank accounts or wallets that share the exact same account holder name. This means you cannot send or receive funds from a third party (e.g., paying a supplier or processing payroll).
Our onboarding requirements adhere to standard financial industry practices. We will guide you on the specific documents needed, which vary depending on your entity's legal type. Typically, this includes: Business registration documents. Identification for key personnel (e.g., passports). Proof of the business operating address. Source of Funds (SOF) documentation (e.g., bank statements, proof of income). Company documents confirming authorised representatives.:
Registration / Incorporation / Establishment documents.
Documentation enabling the identification of key personnel.
Identification documents for key personnel (e.g. passports).
Proof of the business operating address.
Source of Funds (SOF) and Source of Wealth (SOW).
Company documents confirming authorised representatives.
At Xapo, we employ a world-class security architecture for your digital assets, integrating advanced technology with formidable physical protection. Our digital defenses are powered by Multi-Party Computation (MPC), an innovative technology that eliminates any single point of failure by securely splitting and distributing cryptographic keys. This digital strength is further reinforced by our unparalleled physical security, which includes a global network of secret, bomb-proof bunkers. These ultra-secure facilities are kept offline and protected by rigorous operational protocols, armed guards, and advanced surveillance.
We understand that transitioning from an individual to a legal entity account can be a strategic move. Based on the correct legal documentation behind this transfer it will be reviewed. We are equipped to assist with asset transfers, account setup, and the necessary compliance re-onboarding process, however, we cannot provide legal, tax or financial guidance in relation to a transfer of assets.
Yes, all corporate account fiat balances are protected under the Gibraltar Deposit Guarantee Scheme (GDGS) up to £120,000 or its equivalent in another currency.
Xapo Bank’s Institutional Accounts provides a specialised suite of services designed for the needs of our clients:
Bitcoin and banking services - required by Family Offices (FOs) and Ultra-High-Net-Worth (UHNW) Companies.
Bitcoin-backed USD financing - required by Proprietary Trading Firms, Prime Brokers and Hedge Funds.
Bitcoin Treasury Account Services - required by Exchanges, Digital Asset Treasuries (DATs) and Corporates.
Our Institutional Account may not be the ideal fit for your contracting business. It is a specialised solution for managing an organisation’s crypto and fiat funds, and its benefits are typically most realised by entities with significant holdings or borrowing needs in the millions.
Onboarding follows three steps:
Step 1 - To start, an authorised representative from your organisation should initiate a request by clicking on the ‘Schedule a call’ on the Xapo Bank Institution webpage
Step 2 - You will be asked to provide your organisation’s details and indicate the solutions you require, after which we will contact you with a list of necessary supporting documents.
Step 3 - Providing accurate and complete information ensures a fast onboarding process, typically completed within three weeks.
Not all applications are successful as Xapo’s Institutional Account might not be a match for your requirements for institutional banking.
Yes, absolutely. The account features built-in permissions, roles, and responsibilities crucial for maintaining security and compliance. It supports dual authorisation for key transactions, while also accommodating single-user access for sole-owner entities.
There is no minimum balance required for these accounts or wallets. An Annual Platform Fee (also payable monthly) will apply based on your specific requirements. The fee grants access to our services, often at no additional cost or at institutional-grade rates. Bitcoin custody is included in the Annual Platform Fee without percentage-based custody fees.
Yes, we are equipped to review and onboard organisations with complex holding structures on a case-by-case basis. Our primary focus is on developing a solution that meets your needs while adhering to our strict security and compliance policies. A core principle we follow is that all funds must be moved exclusively to and from accounts held in the same legal name as the verified entity, this ensures transparency and security across your transactions.
Xapo Bank is unable to onboard institutions that are registered, operating or controlled by persons located in countries that Xapo Bank deems to be high-risk. This includes, without limitation, countries subject to applicable international sanctions or those listed on the Financial Action Task Force (FATF) blacklist.
Please note that some of our services might be restricted in certain jurisdictions.