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AnchorWatch launches bitcoin custody with optional coverage up to $370M per client
AnchorWatch Trust Company launched on Monday as a qualified Bitcoin custodian chartered in Nevada, following approval from the Nevada Financial Institutions Division to offer custody services, according to the company. It caters to fiduciaries, public companies, trusts, and individuals with significant wealth. Its primary offering involves AnchorWatch safeguarding the necessary keys for qualified custody, while clients, trustees, or officers can maintain supplementary keys. An alternative arrangement splits key management between AnchorWatch, BitGo headquartered in the U.S., and CoinCorner…
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