AnchorWatch Trust launches Nevada-chartered bitcoin custody with up to $370 million in insurance
AnchorWatch Trust Company has launched as a Nevada-chartered qualified bitcoin custodian, offering up to $370 million in insurance per client backed by Lloyd's of London syndicates.
AnchorWatch Trust Company has officially launched as a Nevada state-chartered qualified bitcoin custodian. Authorized to provide custody services by the Nevada Financial Institutions Division, the company is catering to fiduciaries, public companies, trusts, and high-net-worth individuals requiring qualified bitcoin custody, according to a company statement shared with The Block.[1][2][3][4]
The custody service features fixed-dollar pricing capped at $10,000 per month. AnchorWatch also offers optional insurance coverage of up to $370 million per client, backed by Lloyd's of London syndicates and subject to underwriting approval.[1][2][3][4]
Key facts
- AnchorWatch Trust Company launched as a Nevada state-chartered qualified bitcoin custodian.
- The Nevada Financial Institutions Division authorized AnchorWatch to provide custody services.
- The custody offering includes fixed-dollar pricing capped at $10,000 per month.
- AnchorWatch offers optional insurance coverage of up to $370 million per client, backed by Lloyd's of London syndicates and subject to underwriting approval.
- AnchorWatch's client base includes fiduciaries, public companies, trusts, and high-net-worth individuals.
Sources · 4 sources
- TB
The Block@TheBlockCoPost on X ·
THE BLOCK: AnchorWatch Trust Company has launched as a Nevada state-chartered qualified Bitcoin custodian. AnchorWatch said it could provide up to $370 million in insurance coverage per ATC client, backed by Lloyd's of London syndicates and subject to underwriting approval. https://t.co/KXXcSCDlH6
Open source - BM
Bitcoin Magazine@BitcoinMagazinePost on X ·
JUST IN: AnchorWatch Trust Company launches a Bitcoin custody service with up to $370 million in insurance per client 🚀 "Its clients include fiduciaries, public companies, trusts, and high-net-worth individuals requiring qualified bitcoin custody." — The Block https://t.co/sxGL36ee7I
Open source - BL
BlockNews@blocknewsdotcomPost on X ·
🚨 JUST IN: AnchorWatch Trust Company officially launches as a Nevada state-chartered qualified Bitcoin custodian. The company says it can offer up to $370 MILLION in insurance coverage per client, backed by Lloyd’s of London syndicates and subject to underwriting approval. Another step forward for institutional Bitcoin custody.
Open source - TB
The BlockArticle ·
AnchorWatch Trust Company launches bitcoin custody service with up to $370 million in insurance per client AnchorWatch launched Nevada-chartered bitcoin custody with a $10,000 monthly fee cap and optional insurance of up to $370 million per client.
Open source