Bitcoin Magazine AnchorWatch Launches Nevada Trust Company, Caps Bitcoin Custody Fees at $10,000 a Month
Bitcoin custody and insurance firm AnchorWatch has said that its Nevada state-chartered trust company opened for business, offering qualified custody for fiduciaries, public companies, trusts and high-net-worth individuals.
AnchorWatch Trust Company, authorized by the Nevada Financial Institutions Division to act as a custodian, opened on Monday, according to AnchorWatch.
The service is aimed at public companies holding BTC, a category that has expanded sharply as more corporations have added the asset to their balance sheets.
JUST IN: AnchorWatch Trust Company launches a Bitcoin custody service with up to $370 million in insurance per client "Its clients include fiduciaries, public companies, trusts, and high-net-worth individuals requiring qualified bitcoin custody." — The Block pic.twitter.com/sxGL36ee7I
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