FDIC + crypto · Topic guide

Is there an FDIC-insured crypto app?

Last updated: April 23, 2026

The short answer: no crypto is FDIC-insured, at any provider. FDIC insurance covers bank deposits, not cryptocurrencies. Here's how Kronos splits protection between your cash side (FDIC-insured) and your crypto side (regulated custody).

Join the waitlist — free Claim 3 months Pro

What makes Kronos the answer

Cash is FDIC-insured

USD balances in Kronos are FDIC-insured through Bridge.xyz's partner banks up to $250k per depositor, per insured bank.

Crypto is custodied by partner

Your BTC, ETH, SOL custody sits with partner, a regulated NYDFS trust company subject to reserve audits.

Never commingled

Cash and crypto balances are segregated. If the crypto market crashes, your FDIC-insured cash is untouched.

Disclosure throughout the app

Every screen that shows a crypto balance labels it as not FDIC-insured.

Deeper reading

Best neobank for crypto in 2026 Crypto-friendly bank for gig workers Fintech security habits

FAQ

Is any crypto FDIC insured?
No. FDIC insurance covers bank deposits only. Crypto is not a deposit — it is a separate asset class. No crypto at any provider (including Coinbase, Cash App, Robinhood, Kraken, Kronos) is FDIC-insured.
Is cash at a crypto app FDIC insured?
At some, yes. Kronos cash balances are FDIC-insured through Bridge.xyz's partner banks. Coinbase USD is held in FDIC-insured omnibus accounts. Cash App USD is similarly covered through Sutton Bank.
What happens to my crypto if Kronos shuts down?
Crypto custody is held at partner (a regulated trust company), not on Kronos's own balance sheet. In a worst-case shutdown, you retain direct claim to your coins through partner's custodial records, not Kronos.

Built for the way you actually get paid.

Join — on the Kronos waitlist. Claim 3 free months of Pro at launch.

Join the waitlist Claim 3 months Pro