As digital assets enter the institutional era, interest in sophisticated, professionally managed exposure beyond simple trackers is surging.

In our latest research collaboration with BitGo, we explore the rise of Crypto SMAs (Separately Managed Accounts). In this collaborative piece, we show how Crypto SMAs combine segregated ownership under qualified custody with discretionary, API-driven execution - bringing auditability, tax efficiency, and professional exposure beyond ETFs and mutual funds.

Highlights from the research include:

• Accelerating institutional momentum - Regulatory clarity (SEC Safeguarding Rule, EU MiCA) and institutional demand are rising; 83% of principals plan to increase digital-asset exposure in 2025.

• Direct ownership, qualified custody - SMAs keep assets segregated at the wallet level with on-chain execution, while qualified custodians provide multi-sig cold storage, SOC 1/2 audits, and insurance coverage.

• API-driven infrastructure - Proof-of-reserves, FIX connectivity, and third-party-custody support across top-tier exchanges enable real-time reconciliation and OMS/EMS integration.

• Powered by BitGo, managed by Lionsoul - Lionsoul’s SMA platform operates within BitGo’s multi-signature infrastructure via APIs; clients retain direct, segregated ownership while Lionsoul delivers risk-managed execution.

Read BitGo’s announcement and download the full report here:

Read here