AnchorWatch Opens Bitcoin Custody Service With Lloyd’s-Backed Insurance Option
BTC when published $81,496Now $80,595 ▼ −1.11% since it was published
TL;DR: AnchorWatch has opened its Nevada-chartered Bitcoin custody service, pairing a choice of key-control structures with optional Lloyd’s-backed insurance. Bitcoin custody is no longer just a question of who holds the private keys. For professional trustees, company treasuries and advisers, it also involves governance, recoverability and what happens if assets are lost through theft or coercion. AnchorWatch Trust Company has entered that market as a Nevada-chartered qualified custodian. The company is offering a model in which it controls the keys required for custody while clients can retain additional signing authority, alongside a second arrangement distributing key control among AnchorWatch, BitGo and CoinCorner. The firm says eligible customers can apply for insurance backed by Lloyd’s of London syndicates.
First reported by NewsBTC. This page is a short excerpt; the full text is theirs.
