XEROF

Custody

Institutional crypto custody: a wallet in your name, Swiss regulated

XEROF holds your cryptoassets in a crypto wallet in your own name, used only for you and never mixed with other clients' assets. FE Swiss Financial AG holds the keys on professional custody systems with disaster-recovery cover, and the same wallet feeds settlement and payouts, so every conversion and every payment starts from assets that are already under Swiss regulated custody.

How custody works

  • Segregated custody means a wallet that exists for one client only. Every deposit you make lands at an address that belongs to your file, and every balance you see is the on-chain balance of that wallet, not a share of a larger pot. XEROF opens one such wallet per client, whether the client is a company or an individual.
  • Pooled or omnibus custody works the other way round. Client assets sit together in a small number of large wallets and the custodian keeps an internal ledger of who owns what. That ledger is only as good as the custodian's books, and if the provider fails its clients can find themselves as unsecured creditors of a mixed pot. Segregation removes that dependency: your assets are identifiable on chain at any time.
  • FE Swiss Financial AG holds the keys. Custody is a regulated activity for XEROF, so the keys are held and operated by the regulated entity you contract with, not by a third party you have never dealt with. Key material is managed on professional custody systems with disaster-recovery cover, so the loss of a single device or site is covered.
  • Deposits. You receive a deposit address on your own wallet for each supported asset. Incoming transfers are screened on chain before they are credited, and the credited balance appears in XEROF Online with the transaction reference, so it reconciles against your own records.
  • Withdrawals. You instruct a transfer to an address you specify. Instructions are accepted only from the signatories agreed at onboarding, the destination address and network are confirmed before release, and the transaction hash is reported to you once the transfer is on chain.
  • Custody and settlement work as one account. Assets held in your wallet can be converted to USD, EUR, CHF or GBP in XEROF Online without first being moved anywhere, and the crypto you buy with money from your bank into crypto settle straight back into the same wallet.
  • Custody and payouts. A payout instruction is funded from stablecoins already held in your wallet. XEROF converts the USDT or USDC and pays the recipient in their currency, so treasury held under custody can settle supplier invoices without a separate transfer to a third party first.
  • Who uses it. Institutions and asset managers that need client assets held apart from the service provider's own, Web3 companies holding treasury in stablecoins between payment runs, family offices and high net worth individuals who want a Swiss custodian rather than self-custody, and companies settling real estate or other large transactions in crypto.
  • Supported assets. Bitcoin (BTC), Ethereum (ETH), Solana (SOL), and the stablecoins USD Coin (USDC) and Tether (USDT). Fiat legs for conversion in USD, EUR, CHF and GBP.
  • Regulated since 2021. FE Swiss Financial AG, trading as XEROF, is a financial intermediary under the Swiss Anti-Money Laundering Act and a member of VQF (No. 100954), a self-regulatory organisation recognised by FINMA, for its custody, settlement and payment activities. Based in Zug, Switzerland.
  • Reporting. Balances, statements and transaction history are available in XEROF Online, the client workspace, with wallet addresses shown so that your auditor or accountant can verify holdings directly on chain.
Open accountSee pricing

Institutional crypto custody

Institutional crypto custody is the safekeeping of cryptoassets for companies, funds and family offices by a regulated provider. XEROF holds each client's assets in one wallet in the client's name, never mixed with other clients' assets with other clients, with disaster-recovery cover, as a Swiss-regulated Virtual Asset Service Provider and member of VQF (No. 100954).

  • What a crypto custodian is: a provider that holds cryptoassets on behalf of its clients. XEROF is a financial intermediary under the Swiss Anti-Money Laundering Act, member of VQF (No. 100954), a self-regulatory organisation recognised by FINMA. It is not a bank.
  • Wallet model: one wallet per client, in the client's own name and never mixed with anyone else's, so holdings can be checked on the blockchain at any time.
  • Assets: Bitcoin (BTC), Ethereum (ETH), Solana (SOL), USD Coin (USDC) and Tether (USDT).
  • Conversion from custody: clients convert in XEROF Online at the live market rate, passed on at cost, with the XEROF fee on its own line. Money in USD, EUR, GBP or CHF is paid to the client's own account, for example a dedicated IBAN in the company's own name.
  • Paying third parties: payments to suppliers, contractors or other beneficiaries are funded only with USDT or USDC on the Ethereum network, in 60 corridors across 59 countries and 26 currencies, and every beneficiary is screened. BTC, ETH or SOL are converted to USDT or USDC first.
  • Track record: XEROF has served digital-asset clients since 2021, from Zug, Switzerland.

For the full institutional service see crypto solutions for institutions; for a bank account in the company's own name see the dedicated IBAN account.

Custody at a glance

Wallet model
One dedicated on-chain wallet per client, never mixed with other clients' assets
Key holding
FE Swiss Financial AG, the regulated entity, holds the keys
Infrastructure
Professional custody systems with disaster-recovery cover
Cryptoassets
Bitcoin (BTC), Ethereum (ETH), Solana (SOL)
Stablecoins
USD Coin (USDC), Tether (USDT)
Fiat for conversion
US dollar, euro, Swiss franc, pound sterling
Deposits
To your wallet's own address for each asset, screened on chain before credit
Withdrawals
To an address you specify, instructed by agreed signatories, confirmed before release
Reporting
Balances, statements and transaction history in XEROF Online
Regulation
Swiss Anti-Money Laundering Act, VQF member No. 100954, since 2021
Fees
Brokerage fee on conversions, as published. See pricing.

Custody questions

What is institutional crypto custody?
The safekeeping of cryptoassets for companies, funds and family offices by a regulated provider. XEROF holds each client's assets in one wallet in the client's name, never mixed with other clients' assets, with disaster-recovery cover, as a Swiss-regulated Virtual Asset Service Provider and member of VQF (No. 100954).
What is a crypto custodian?
A provider that holds cryptoassets on behalf of its clients. XEROF is a Swiss regulated crypto brokerage, member of VQF (No. 100954), a self-regulatory organisation recognised by FINMA, and holds BTC, ETH, SOL, USDT and USDC in one in the client's own name wallet per client.
What does it mean that my crypto is held in my own wallet?
A custody model in which each client has a wallet of their own. XEROF opens one wallet per client, in the client's own name and holds your assets there, never mixed with other clients' assets with other clients or with XEROF's own assets. The balance you see is the actual on-chain balance of your wallet.
How is this different from an exchange or a pooled account?
At an exchange or in a pooled account, many clients' assets sit in shared wallets and ownership is recorded only on the custodian's internal ledger. In in your own name custody the separation is on chain, so your holdings can be verified independently and are not mixed with other clients' assets or with the custodian's own obligations.
Who holds the keys to my wallet?
FE Swiss Financial AG, the Swiss regulated entity behind XEROF, holds the keys. Key management runs on professional custody systems with disaster-recovery cover. You do not need to manage keys, seed phrases or hardware devices yourself.
How do I deposit and withdraw assets?
You transfer to the deposit address of your wallet for the relevant asset, and incoming transfers are screened before they are credited. To withdraw, you instruct a transfer to an address you specify. The instruction must come from a signatory agreed at onboarding, and the destination address and network are confirmed before release.
Which assets can be held in custody?
Bitcoin (BTC), Ethereum (ETH), Solana (SOL), USD Coin (USDC) and Tether (USDT). Anything held in your wallet can be converted to USD, EUR, CHF or GBP in XEROF Online. USDT or USDC held on the Ethereum network can also fund payments to other people.
Do I need custody to use settlement or payouts?
Every client has a wallet in their own name, because conversions and payouts settle through it.
Who is XEROF custody designed for?
Institutions and asset managers that need client assets held apart from the service provider, Web3 companies holding stablecoin treasury, family offices and high net worth individuals who prefer a regulated Swiss custodian to self-custody, and companies settling large transactions such as real estate in crypto.
Is XEROF a regulated crypto custodian?
Yes. FE Swiss Financial AG, trading as XEROF, has been Swiss regulated since 2021. It is a financial intermediary under the Swiss Anti-Money Laundering Act and a member of VQF (No. 100954), a self-regulatory organisation recognised by FINMA, for its custody, settlement and payment activities, and is based in Zug, Switzerland.
Can a company pay third parties from assets held in custody?
Yes, with stablecoins. Payments to third parties are funded only with USDT or USDC on the Ethereum network, in 60 corridors across 59 countries and 26 currencies. BTC, ETH or SOL are converted to USDT or USDC first; a direct BTC, ETH or SOL conversion pays fiat only to the client's own account.

Where to next

Cross-border Services Restrictions

FE Swiss Financial AG (XEROF) is a Swiss Virtual Asset Service Provider, member of the Financial Services Standards Association (VQF), a Swiss Self-Regulatory Organisation under the supervision of Swiss Financial Market Supervisory Authority (FINMA). XEROF's products and services are only regulated in Switzerland. They are not registered or approved outside of Switzerland.

Any information on XEROF's website (i) is not intended and should not be construed as an offer, solicitation or recommendation outside of Switzerland and (ii) may not be suitable or lawful in your jurisdiction.

You are welcome to explore XEROF's website at your own initiative. Click 'Continue' if you are either (i) a resident of, domiciled in, or an entity established in Switzerland, or (ii) are a resident of, domiciled in, or an entity established outside of Switzerland but would like to visit XEROF's site on your own initiative.

If you fall under (ii) above, when choosing 'Continue', it is important to do this on your own initiative, as XEROF is not authorized to promote its products and services outside Switzerland. If you do not wish to visit the site, please click 'Back'.

If you click 'Continue' to explore, please note that you:

  1. are confirming you have read and understood the above;
  2. are accessing XEROF's website at your own initiative, without active promotion or solicitation from XEROF;
  3. are responsible for ensuring access is lawful in your jurisdiction; and
  4. understand that exploring the website does not create a client relationship.