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AnchorWatch Trust Company launches bitcoin custody service with up to $370 million insurance per client
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AnchorWatch Trust Company launches bitcoin custody service with up to $370 million insurance per client

Oct 19, 2026

AnchorWatch Trust Company launches as a Nevada state-chartered qualified Bitcoin custodian catering to public companies, trusts, and fiduciaries on October 19, 2026. The firm introduces a capped $10,000 monthly fixed-fee structure alongside a multi-institution architecture key split across AnchorWatch, BitGo, and CoinCorner. Additionally, client-named insurance policies backed by Lloyd's of London syndicates offer up to $370 million in coverage against loss, coercion, or internal fraud.

AnchorWatch launches qualified Bitcoin custody service

  • ▪AnchorWatch Trust Company, authorized by the Nevada Financial Institutions Division, launched as a state-chartered qualified Bitcoin custodian on October 19, 2026.
  • ▪AnchorWatch Trust Company targets the growing number of public companies adding Bitcoin to corporate balance sheets as client demand expands.
  • ▪AnchorWatch Trust Company serves fiduciaries, public companies, trusts, and high-net-worth individuals requiring qualified Bitcoin custody.

Fixed-fee pricing structure and cost savings

  • ▪AnchorWatch Trust Company charges fixed-dollar annual custody fees tiered by vault size rather than taking a percentage of assets under management.
  • ▪AnchorWatch stated that its fixed-fee pricing cap will save large corporate enterprises six- to seven-figure annual amounts in qualified Bitcoin custody fees.
  • ▪AnchorWatch Trust Company caps monthly custody fees at $10,000, ensuring asset price appreciation or additional Bitcoin purchases do not increase client charges.

Key management and multi-institution custody options

  • ▪AnchorWatch Trust Company designed its multi-institution model to mitigate custodian single-point concentration risk for institutional Bitcoin holders.
  • ▪AnchorWatch Trust Company offers a flagship custody option where it holds qualified key control while clients or executives retain additional keys.
  • ▪AnchorWatch Trust Company offers multi-institution custody distributing key control across AnchorWatch Trust Company, BitGo in the U.S., and CoinCorner in the Isle of Man.

Lloyd's-backed insurance coverage and limits

  • ▪AnchorWatch Trust Company structured its client-named insurance policies in contrast to typical custodian-held policies that create ambiguity during claims.
  • ▪AnchorWatch, as a Lloyd's Coverholder, is authorized to write up to $370 million in insurance limits per client, subject to underwriting approval.
  • ▪AnchorWatch Trust Company offers optional insurance policies issued directly in the client's or entity's name, backed by A+ rated Lloyd's of London syndicates.
  • ▪AnchorWatch's Lloyd's-backed insurance covers Bitcoin losses caused by violent coercion, kidnapping, or fraudulent acts committed by AnchorWatch itself.

Trident Vault security audits

  • ▪AnchorWatch's underlying Bitcoin custody platform, Trident Vault, has secured customer funds for 20 months and has been audited by Halborn and Doyensec.
  • ▪Technical underwriters at the Lloyd's syndicates backing AnchorWatch's insurance policies reviewed or audited the Trident Vault platform.

3 sources

Cryptobriefing
AnchorWatch launches Bitcoin custody with up to $370 million insurance per client
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Bitcoinmagazine
AnchorWatch Launches Nevada Trust Company
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The Block
AnchorWatch Trust Company launches bitcoin custody service with up to $370 million in insurance per client
View source article

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BitcoinBitcoin security & risksBitcoin wallets & custodyCrypto custody regulationInstitutional crypto adoption