Skip to main content

Is my stock account decentralized like my crypto wallet?

N
Written by Nathaniel O'Dell

No. Unlike your decentralized crypto wallet, your stock holdings are kept in a regulated, centralized brokerage account managed by our partner, Alpaca.

What’s the difference?

  • Crypto Wallet (Decentralized):

    • You control your private keys and assets directly on the blockchain.

  • Stock Brokerage Account (Centralized):

    • Your stocks are custodied by a licensed brokerage firm and held in your name within a regulated financial system.

Did this answer your question?