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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 November 8, 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 speculationCrypto media relations section
Transparency campaignsProof-of-reserves audits and regular reporting for exchangesProof-of-reserves section
Security leader positioningIncident-response communication and third-party certifications before an incidentSecurity leaders section
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 regulatory background is in the crypto regulation brief.

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. Creator partnerships follow the same rule of evidence, as the Web3 influencer marketing guide explains, and founder visibility is covered in the guide to thought leadership for Web3 founders.

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. 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. The technology PR practice applies the same discipline to emerging-tech launches.

Take a blockchain-based payment product for small business owners. "Our decentralized platform uses smart contracts to eliminate intermediaries" describes the architecture. "Get paid instantly without waiting for bank transfers or paying credit card fees" describes the benefit. Only the second line gives a small business owner a reason to keep reading, and details about the technology can wait for users who ask.

Crypto termPlain-language replacement
DecentralizedNo single company controls it
Smart contractsAutomatic agreements
Immutable ledgerA permanent record that cannot be changed

Test the simplified wording with people outside the industry, and simplify again if they need clarification. Layered education helps: start with simple benefit statements, add intermediate explanations for readers who want more, and keep deep technical resources for the truly curious.

Human stories build trust because mainstream audiences trust people, not protocols. A small business owner, a freelance designer or a parent describing how a product solved their problem lets mainstream users see themselves in the result, and the technology becomes invisible infrastructure. Reach those users where they already spend time: Instagram, Facebook, LinkedIn, mainstream podcasts and business publications, not crypto-native platforms. Start with traditional PR, mainstream creator partnerships and standard social advertising, and consider crypto-specific channels only after credibility is established.

Messaging should change by audience segment while the core value proposition stays the same, as the table shows for a blockchain payment product.

SegmentWhat they care about
FreelancersGetting paid quickly and avoiding platform fees
Small business ownersLower payment processing costs and better cash flow
International contractorsReceiving cross-border payments without losing money to exchange rates and transfer fees

Measure mainstream reach with indicators of real adoption: the share of new users acquired from non-crypto channels, the share with no prior blockchain experience, user-reported comprehension and retention among non-crypto users. If growth comes mainly from crypto-native sources, the campaign is not reaching a mainstream audience. Compare technical wording against plain wording in A/B tests and review customer service inquiries for recurring confusion.

Search is part of that reach. The Web3 SEO and content strategy guide covers how a startup builds pages that answer buyer questions.

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 proof-of-reserves section above shows how certifications and incident communication fit into one transparency program.

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. For the full practice, see 5W's crisis communications firm page.

How should a bitcoin company approach PR?

A bitcoin company should approach PR by owning beats other than price, such as custody, security and customer protection, and by giving reporters facts they can verify. Price is the story reporters default to and the one number a company does not control. The bitcoin PR guide covers the beats, the executive preparation and the crisis plan in detail.

How should a stablecoin issuer communicate about reserves?

A stablecoin issuer should publish the current reserve and redemption status in plain figures, because a de-peg rumor spreads faster than a quarterly report can answer it. The strongest evidence is the latest reserve attestation, the reserve wallet addresses and redemption data, the same proof listed in the de-peg row of the crisis table above.

The Stablecoin Trust Index adds research on the category.

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, and the Crypto Trust Index adds a second view of the category.

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 and blockchain positioning section of the institutional guide explains.

Which guides go deeper on each crypto PR topic?

Seven guides and research pages go deeper on the topics above, and the table below sets each topic next to the page that covers it.

TopicGuide
Institutional investors and complianceInstitutional blockchain PR
Bitcoin companiesBitcoin PR
Creator and ambassador campaignsWeb3 influencer marketing
Search and content for startupsWeb3 SEO and content strategy
Founder visibilityThought leadership for Web3 founders
Tokenized real-world assetsRWA tokenization storytelling
RegulationCrypto regulation brief

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.

How should a stablecoin issuer respond to a de-peg rumor?

A stablecoin issuer should state the current reserve and redemption status in plain figures and publish the latest reserve attestation, the reserve wallet addresses and redemption data.

What does bitcoin PR involve?

Bitcoin PR involves owning beats such as custody, security and customer protection, handing reporters verifiable facts, preparing executives for hard questions and writing a crisis plan before one is needed.

Should blockchain marketing mention blockchain?

Not at first. Lead with the problem and the benefit, and explain the technology only to users who ask or after the problem space is established.

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. The financial services and fintech PR practice builds these programs.

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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