TRUST COMPANY LAUNCHES BITCOIN CUSTODY WITH UP TO $370 MILLION IN INSURANCE PER CLIENT

Summary from the TLDR Crypto newsletter

AnchorWatch Trust Company launched as a Nevada-chartered qualified bitcoin custodian targeting fiduciaries, public companies, trusts, and high-net-worth individuals, with two models: Flagship, where AnchorWatch holds qualifying keys and clients retain additional key control, and Distributed, which splits keys across AnchorWatch, BitGo (US), and CoinCorner (Isle of Man). Monthly fees are fixed-dollar and capped at $10,000 regardless of portfolio appreciation, decoupling custodian revenue from BTC price performance. Optional insurance through A+ rated Lloyd's of London syndicates covers up to $370 million per client, with each policy issued in the customer's name covering losses from violent coercion, kidnapping, and AnchorWatch-caused fraud.