AnchorWatch Opens Bitcoin Custody Service With Lloyd’s-Backed Insurance Option
Summary
AnchorWatch Trust Company has launched a Nevada-chartered Bitcoin custody service for institutions and professional clients. It offers custody with client-held additional signing authority or a shared key-control setup involving BitGo and CoinCorner. Eligible customers may apply for Lloyd’s-backed insurance, with potential coverage up to $370 million per client subject to underwriting and policy terms. AnchorWatch also advertises fixed-dollar fees capped at $10,000 monthly; insurance is charged separately. The service’s protections depend on key arrangements, policy exclusions and operational reliability.
