Where is my crypto held during the loan?

All pledged crypto is held with one of Milo’s approved custodians: BitGo or Coinbase Custody. Both are regulated, institution-grade custodians that specialize in protecting digital assets at scale.

BitGo is a long-standing leader in digital asset custody, known for its multi-signature security protocols, cold storage solutions, and $250 million in insurance coverage underwritten by Lloyd’s of London. Coinbase Custody, a subsidiary of Coinbase, is likewise a regulated custodian that offers segregated cold storage, SOC 1 and SOC 2 compliance, and extensive insurance protections for the assets it safeguards.

When you pledge crypto with Milo, a dedicated sub-account is created in your name with the custodian. This structure keeps your assets fully segregated from Milo’s corporate accounts and from other clients’ holdings. By partnering exclusively with trusted custodians that meet the highest security and compliance standards, Milo ensures your crypto remains safe, auditable, and protected for the entire duration of your loan.

Related questions

Can I stake my crypto while pledged with Milo?
Can I convert my crypto into a stablecoin while pledged?

Can't find what you are looking for?

Send us a message and we'll reach out to you.

1-888-433-6456 (MILO)

545 NW 26th Street, Suite 200
Miami, FL 33127

FacebookTwitterInstagramLinkedInDiscord

Copyright 2025. All rights reserved.

License
Privacy policy
Terms of Service
SOC2 Certification

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Milo Credit, LLC is a direct lender and licensed under NMLS #1811449.
Loans made or arranged pursuant to a California Finance Lenders Law License 60DBO-128284. Not available in all states. Equal Housing Lender. NMLS Consumer Access

EQUAL CREDIT OPPORTUNITY ACT NOTICE: The Federal Equal Credit Opportunity Act prohibits creditors from discriminating against credit applicants on the basis of race, color, religion, national origin, sex, marital status, or age (provided the applicant has the capacity to enter into a binding contract); because all or part of the applicant’s income derives from any public assistance program; or because the applicant has, in good faith, exercised any right under the Consumer Credit Protection Act. The Federal Agency that administers Milo Credit’s compliance with this law is the Federal Trade Commission, Equal Credit Opportunity, Washington, DC 20580.