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10/20/2026

AnchorWatch Launches Nevada Trust Bitcoin Custody With $370 Million Insurance Cap

What happened: AnchorWatch Trust Company has launched as a Nevada-chartered qualified bitcoin custodian, offering custody services with a fixed fee capped at $10,000 per month and optional insurance c

AnchorWatch Launches Nevada Trust Bitcoin Custody With $370 Million Insurance Cap

What happened: AnchorWatch Trust Company has launched as a Nevada-chartered qualified bitcoin custodian, offering custody services with a fixed fee capped at $10,000 per month and optional insurance coverage up to $370 million per client, backed by a Lloyd's of London A+ rated syndicate. The service targets fiduciaries, public companies, trusts, and high-net-worth individuals.

Why it matters: The launch addresses a growing demand for institutional-grade custody and insurance solutions as more public companies and fiduciaries allocate to bitcoin. The $370 million per-client insurance ceiling, subject to underwriting, sets a new benchmark for risk management in the sector and could encourage further institutional adoption.

Source: The Block