AnchorWatch Launches Nevada Trust Company, Caps Bitcoin Custody Fees at $10,000 a Month

Bitcoin Magazine AnchorWatch Launches Nevada Trust Company, Caps Bitcoin Custody Fees at $10,000 a Month Bitcoin custody and insurance firm AnchorWatch has said that its Nevada state-chartered trust company opened for business, offering qualified custody for fiduciaries, public companies, trusts and high-net-worth individuals. AnchorWatch Trust Company, authorized by the Nevada Financial Institutions Division to act as a custodian, opened on Monday, according to AnchorWatch. The service is aimed at public companies holding BTC, a category that has expanded sharply as more corporations have added the asset to their balance sheets. The company’s flagship differentiator is pricing: fixed-dollar annual fees tiered by vault size, capped at $10,000 per month, rather than the percentage-of-assets charges typical among qualified custodians.

First reported by Bitcoin Magazine. This page is a short excerpt; the full text is theirs.