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AnchorWatch Opens Nevada Bitcoin Trust With Fixed $10,000 Monthly Cap

The trust offers two key‑control custody models plus Lloyd’s‑backed client‑named insurance to reduce concentration risk for large holders.

Overview

  • AnchorWatch Trust Company began operations as a Nevada state‑chartered qualified custodian on Monday, Oct. 19, 2026, offering custody services that handle only Bitcoin.
  • Clients choose between Flagship Custody, where AnchorWatch holds the keys required for qualified custody, and a Multi‑Institution Custody 2‑of‑3 multisig model that requires any two of AnchorWatch, BitGo, or CoinCorner to sign before funds can move.
  • The firm uses a fixed‑dollar fee schedule that is tiered by vault size and capped at $10,000 per month so additional deposits or price gains do not raise the fee beyond that ceiling.
  • Optional insurance is underwritten by Lloyd’s syndicates and can be issued in the client’s name with limits reported up to $370 million per individual client and higher enterprise limits, but coverage depends on underwriting, policy terms, and U.S. domicile rules.
  • AnchorWatch says its Trident Vault platform has been reviewed by security firms and Lloyd’s technical underwriters, and the product targets fiduciaries, public company treasuries and trusts that require a regulated qualified custodian and clearer insurance arrangements while remaining subject to KYC, AML and jurisdictional limits.