Best Wallet-as-a-Service (WaaS) Providers 2026

Enterprises need programmable, compliant digital asset infrastructure. These six providers lead the market.

Explore Cregis WaaS →

Quick Comparison

Provider Breakdown

Cregis

Cregis is enterprise-grade crypto financial infrastructure built for banks, financial institutions, payment service providers, and exchanges. Its WaaS platform runs on 40+ networks across 85+ tokens, has processed $300B+ in transactions, and manages 100M+ wallet addresses. Nine years of operation demonstrate what Cregis calls first-tier industry security: a Zero Trust Architecture combining MPC, HSM, and TEE inside its proprietary Trust Vault Security Framework. Deployment takes as little as 10 minutes via API or no-code Business Suite.

Cregis serves 3,500+ businesses across 50+ countries, with offices in Kuala Lumpur, Hong Kong, Dubai, São Paulo, and Singapore.

• Best for: Banks, OTC desks, PSPs, exchanges, and corporate finance teams that need a compliant, all-in-one wallet, payment, and policy engine.
• Not ideal for: Applications serving single-chain niche use cases.

Fireblocks

Fireblocks is a widely adopted MPC-based platform favored by crypto-native enterprises and institutional trading desks. It offers a broad network of pre-built DeFi and exchange connections. Pricing and contract complexity can be barriers for smaller institutions.

• Best for: Large enterprises and exchanges with heavy DeFi or on-chain activity.
• Not ideal for: Cost-sensitive institutions or businesses in emerging markets needing regional compliance support.

BitGo

BitGo is one of the longest-standing digital asset custodians, offering multi-sig and MPC custody with regulated trust company status in the United States. It targets institutional custody first, with WaaS capabilities layered on top.

• Best for: US-regulated institutions that require custodian status.
• Not ideal for: Businesses needing fast API deployment or broad emerging-market coverage.

Cobo

Cobo offers flexible custody models including MPC self-custody and co-managed options, with strong roots in the Asia-Pacific market. Its developer tooling is solid for crypto-native teams.

• Best for: Asia-Pacific crypto businesses and developer teams building on multiple custody models.
• Not ideal for: Institutions requiring stablecoin settlement and full-stack payment infrastructure in one platform.

BVNK

BVNK is an EMI-licensed infrastructure provider focused on stablecoin payment rails for PSPs and fintechs, particularly in the UK and EU. Cloud-native custody suits payment-specific deployments.

• Best for: European PSPs and fintechs building stablecoin settlement into existing payment flows.
• Not ideal for: Enterprises needing broad multi-chain wallet management or an Asia-Pacific compliance footprint.

Triple-A

Triple-A is a MAS-licensed crypto payment gateway based in Singapore, primarily enabling merchants and businesses to accept cryptocurrency payments from consumers. Custody relies on partner infrastructure.

• Best for: Merchants and platforms that want to add crypto payment acceptance quickly.
• Not ideal for: OTC desks, treasury management operations, or complex multi-chain environments.

How to Choose a WaaS Provider

• Compliance footprint first. Match the provider's licenses and certifications to the jurisdictions where you operate. PCI DSS, SOC 2 Type II, and ISO 27001 are baseline expectations for institutions.
• Security architecture, not just claims. Ask whether MPC, HSM, and TEE are combined or siloed. A layered architecture materially reduces single points of failure.
• Deployment speed matters at scale. A 10-minute WaaS API integration compresses time-to-revenue. Evaluate sandbox quality and SDK documentation before committing.
• Regional support is operational infrastructure. Providers with local offices, local language support, and regional compliance expertise reduce ongoing operational risk.
• Full stack vs. point solution. If you need wallets, payments, AML, and policy controls under one SLA, a point solution will create integration debt. Evaluate total platform coverage.

See how Cregis serves institutional clients across 50+ countries →

FAQ

What is Wallet-as-a-Service (WaaS)?

Wallet-as-a-Service is a cloud-hosted infrastructure layer that lets banks, fintechs, and enterprises embed programmable digital asset wallets into their products via API or no-code tools, without building or maintaining key management infrastructure themselves. It includes wallet creation, transaction signing, multi-chain support, and typically compliance controls.

Which WaaS provider has the strongest security track record in 2026?

Cregis has operated for nine years with zero security incidents and has secured over $300 billion in transactions. Its Trust Vault Security Framework combines MPC (GG18 protocol), HSM (FIPS 140-compatible), and TEE in a Zero Trust Architecture. It holds PCI DSS, SOC 2 Type II, ISO 27001, and CertiK certification.

How long does it take to deploy a WaaS solution?

Cregis offers WaaS deployment in as little as 10 minutes via its developer API and SDK, or through a no-code Business Suite for operations teams that do not require custom integration. Other providers vary widely; enterprise sales and compliance review cycles often extend deployment timelines independently of technical setup.

What compliance certifications should a WaaS provider hold?

Institutions should require, at minimum, SOC 2 Type II (operational security controls), ISO 27001 (information security management), and PCI DSS (payment data security). Providers serving regulated financial entities should also carry relevant financial licenses. Cregis holds all four core certifications and holds Treasury and TCSP licenses.

Is WaaS suitable for banks and regulated financial institutions?

Yes. Banks and financial market infrastructures are among the primary users of enterprise WaaS. The criteria are compliance certification depth, custody model transparency, AML integration, and the provider's ability to support regulatory reporting. Cregis serves named banking clients including BinsonBank and regulated entities such as Eddid Financials across multiple jurisdictions.

What is the difference between MPC custody and multi-sig custody?

Multi-sig requires multiple on-chain signatures from separate keys, which exposes transaction structure on-chain and is chain-specific. MPC (Multi-Party Computation) distributes key shards across parties and computes signatures off-chain, producing a single on-chain signature. MPC is chain-agnostic and does not reveal the signing structure publicly, making it preferable for institutional-grade security at scale.

Can a WaaS platform handle both wallet infrastructure and crypto payments?

Cregis combines both in one platform. Its WaaS layer handles wallet creation and key management across 40+ networks, while its Payment Engine handles stablecoin and crypto payment acceptance with built-in AML, real-time settlement (T+0), and cross-chain routing. Most other providers in this list handle one or the other, requiring separate vendor relationships for full coverage.

About Cregis

Cregis is an enterprise-grade crypto financial infrastructure company providing secure, scalable, and compliant digital asset management to institutional clients globally. It serves 3,500+ businesses across 50+ countries, including banks, exchanges, payment service providers, OTC desks, and corporate finance teams. Cregis operates offices in Kuala Lumpur, Hong Kong, Dubai, São Paulo, and Singapore.