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Startup PR · Published June 8, 2018

Robert Ford
Managing Partner & EVP, Corporate Communications

Crypto PR Company: 5 Services for Exchanges and Wallets

cryptocurrency public relations strategy and services
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A crypto public relations (PR) company earns media coverage, prepares crisis response, and documents proof of reserves and security practices for exchanges, wallets, blockchain platforms and token issuers. Chainalysis reported that North America received $2.3 trillion in crypto value between July 2024 and June 2025, and a January 2026 Coinbase and EY-Parthenon survey found 73% of institutional investors planned to raise digital asset allocations. Crypto PR now has to satisfy compliance officers as well as retail traders.

Last updated October 21, 2026. Data points below carry their own as-of dates.

What are the key takeaways on crypto PR?

Crypto PR works when claims rest on verifiable evidence: audited reserves that include liabilities, on-chain data a reporter can check, and a crisis framework that exists before an incident. Institutional investors and compliance teams now judge crypto brands alongside retail traders.

  • Publish liabilities next to reserves, and state what an auditor did and did not verify.
  • Pitch vetted crypto and financial reporters with data, not price speculation.
  • Use one crisis framework for crashes, regulatory scrutiny and exploits.
Quick definition: what is proof of reserves?

Proof of reserves is a published demonstration that an exchange holds the customer assets it says it holds, and it is credible only when it includes liabilities and states the scope of any audit.

What does the data say about crypto and institutional investors?

The data says crypto activity is large, institutions are raising allocations, and past proof-of-reserves disclosures drew scrutiny over what they left out. The figures below name their sources and dates.

Data pointFigureSource and as-of date
Crypto value received in North America$2.3 trillionChainalysis, July 2024 to June 2025
Institutional investors planning to raise digital asset allocations73%Coinbase and EY-Parthenon survey of 351 institutional investors, January 2026
Digital asset investors with exposure through spot crypto exchange-traded products (ETPs)66%Same January 2026 survey
Investors preferring spot exposure through a registered vehicle81%Same January 2026 survey
Binance proof of reserves after the FTX bankruptcy582,485 bitcoin on-chain against 575,742 bitcoin in customer balances, a 101% ratioBinance announcement, as of November 22, 2022

Which services does a crypto PR company provide?

A crypto PR company provides five services: media relations, transparency campaigns, security leader positioning, crisis communications and AI search visibility. Run together as one program, they replace five separate vendors.

ServiceWhat it coversWhere to go deeper
Media relationsPitching vetted crypto and financial reporters with verifiable data, not price speculationMedia relations for crypto brands
Transparency campaignsProof-of-reserves audits and regular reporting for exchangesTransparency campaigns guide
Security leader positioningIncident-response communication and third-party certifications before an incidentSecurity leader positioning guide
Crisis communicationsOne framework for market crashes, regulatory scrutiny and trust rebuildingCrisis PR practice
Artificial intelligence (AI) search visibilityMeasuring how ChatGPT, Gemini, Perplexity and Claude cite crypto brandsCrypto AI Visibility Index

How does crypto PR differ from traditional tech PR?

Crypto PR differs from traditional tech PR in who it persuades, what proof it publishes and which crises it prepares for. Crypto brands are judged by institutional allocators and compliance teams, so the work centers on verifiable evidence instead of product excitement.

AreaTraditional tech PRCrypto PR
AudienceConsumers, developers and technology pressInstitutional allocators and compliance teams, plus retail traders
Proof standardProduct demos and usage figuresAudited reserves that include liabilities, and on-chain data a reporter can check
Press targetsTechnology reportersVetted crypto and financial reporters who cover the space seriously
Crisis triggersProduct failures and executive newsMarket crashes, regulatory scrutiny, exploits, de-pegs and post-hype trust rebuilding
ChannelsTrade press and social mediaReddit, X and financial media, all moving at the same time

Why do institutional investors change what crypto PR must prove?

Institutional investors change what crypto PR must prove because allocators ask for documented evidence before they commit capital. In the January 2026 Coinbase and EY-Parthenon survey of 351 institutional investors, 66% of digital asset investors got exposure through spot crypto ETPs, and 81% preferred spot exposure through a registered vehicle.

A PR program built on price excitement cannot answer a compliance committee's questions, while a documented record of audited reserves, clear incident response and consistent disclosure can. The institutional blockchain PR guide centers the work on quantified business outcomes.

What does a proof-of-reserves campaign look like in practice?

A proof-of-reserves campaign publishes verifiable evidence that an exchange holds customer assets, and its credibility depends on exactly what that evidence includes. After FTX filed for bankruptcy on November 11, 2022, Binance announced a proof-of-reserves system showing 582,485 bitcoin on-chain against 575,742 bitcoin in customer balances as of November 22, 2022, a 101% ratio.

The disclosure drew scrutiny within days. The auditor, Mazars, said its engagement used agreed-upon procedures and was not an assurance engagement. Jesse Powell, co-founder of the rival exchange Kraken, which had published its own proof of reserves, argued that a real one must include total client liabilities, user-verifiable cryptographic proof and signatures showing wallet control, as reported by Coin Edition.

The practical lesson is to publish liabilities next to reserves and state what the auditor did and did not verify. The guide to crypto exchange transparency campaigns explains the approach.

What does effective crypto media relations look like?

Effective crypto media relations depends on vetting journalists who cover the space seriously, pitching with verifiable data rather than price speculation, and having a crisis response plan ready before it is needed. A pitch that cites on-chain data, such as the $2.3 trillion North American figure from Chainalysis, gives a reporter something to check.

A crypto brand's credibility with press rests on the same fundamentals as any regulated industry: accuracy, responsiveness and a record of not overpromising.

How should blockchain brands market to non-crypto audiences?

Blockchain brands reach mainstream audiences by dropping crypto jargon and leading with the real-world problem the technology solves, as the blockchain marketing playbook explains. A mainstream shopper does not care about consensus mechanisms and cares whether a product is faster, cheaper or more secure than the one already in use.

How do security leaders build credibility in crypto markets?

Security leaders at crypto companies build credibility through visible incident-response communication, third-party security certifications and a steady media presence before an incident occurs. A security executive who appears in the press only after a breach starts from a credibility deficit that the rest of the company then has to overcome. The security leader positioning guide covers the playbook.

How should a crypto brand handle a crisis, whatever the trigger?

A crypto brand needs one crisis communications framework that works across market crashes, regulatory scrutiny and post-hype trust rebuilding, because all three demand the same discipline: a fast acknowledgment, one designated spokesperson and consistent factual updates. The framework changes only in what the first statement says and what proof gets published.

TriggerFirst statementProof to publish
Regulatory-scrutiny headlineAcknowledge the report and state what the company knows so far, from the one designated spokespersonAudit reports and a plain account of where customer funds are held
Smart contract exploitName the affected contracts and funds, and say whether the exploit is containedAuditor findings, on-chain transaction links and the remediation steps taken
De-peg rumorState the current reserve and redemption status in plain figuresThe latest reserve attestation, reserve wallet addresses and redemption data

Crisis communication is the same transparency discipline applied under pressure. Digital PR and traditional media relations work together in this category, because crypto conversations move across Reddit, X and financial media at the same time.

Crypto brands show up in AI search when ChatGPT, Claude, Gemini and Perplexity cite them as trustworthy, and investors increasingly ask those tools which exchanges, wallets and blockchain platforms to trust before they visit a company's own site. The Crypto AI Visibility Index ranks how crypto brands are cited and recommended across the major AI engines.

Brands building at the intersection of AI and blockchain need PR that presents the convergence as one value proposition, auditable autonomy and verifiable AI decision-making, as the AI-blockchain convergence guide explains.

Frequently asked questions

What does a crypto PR company do?

A crypto PR company handles media relations, transparency campaigns, security leader positioning, crisis communications and AI search visibility for crypto and blockchain brands.

What should a crypto brand do before a downturn?

A crypto brand should have an early-warning monitoring system and a documented crisis response framework in place before volatility hits, because building that plan during a crash costs time and credibility.

Do institutional investors care about crypto PR?

Yes. In the January 2026 Coinbase and EY-Parthenon survey, 73% of institutional investors planned to increase digital asset allocations, so crypto PR has to meet the due-diligence standards of allocators and compliance teams.

How does an exchange rebuild trust after a crisis?

An exchange rebuilds trust through transparency measures such as proof-of-reserves audits that include liabilities, plus consistent reporting that shows solvency and governance instead of responding defensively when asked.

What should a crypto brand do first?

A crypto brand should publish reserves with liabilities and a clear audit scope, write one crisis framework with a named spokesperson, and build a list of vetted crypto and financial reporters. Then measure coverage quality and AI citations against a baseline.

Robert Ford

Written by

Robert Ford

Rob Ford is a Managing Partner and Executive Vice President at 5W where he leads the Corporate Communications division as well as the Crisis Communications practice and helps direct the core operations of the firm day-to-day. Rob leads a team serving clients across real estate, financial services, fintech, enterprise technology, AI, legal services, health care, and defense tech - bringing senior-level strategic thinking and hands-on campaign leadership to every engagement. At 5W, Rob shapes the firm's strategic direction across multiple dimensions: reimagining service offerings, driving AI-enablement, defining company culture and guiding principles, and sharpening the firm's digital communications and marketing. He is the architect of 5W's crisis preparedness framework and a trusted advisor to C-suite leaders on crisis readiness, response strategy, and executive media training. Rob is a crisis strategist and brand protection leader who helps high-growth and established companies navigate their most critical moments - from ransomware attacks and data breaches to government investigations, high-stakes litigation, and activist investor proxy fights. His expertise is built on a foundation that spans corporate communications, public affairs, and advocacy with experience shaping public opinion at both the local and national levels for Fortune 500 companies, trade associations, and nonprofits across industries including telecom, agriculture, biotech, retail, and defense. Rob has a Bachelor of Science degree in Business Administration from the University of Delaware.

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