TREE NEWS update: Nevada-chartered qualified Bitcoin custodian AnchorWatch Trust Company has launched a Bitcoin custody service, priced at a flat fee of no more than $10,000 per month, with optional insurance coverage of up to $370 million per client. Clients include trustees, public companies, trust institutions and high-net-worth individuals requiring qualified Bitcoin custody.
AnchorWatch Trust Company Launches Bitcoin Custody With Up to $370M Insurance
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AI take
The notable detail is the pairing of a flat monthly fee cap with optional excess insurance, a structure aimed squarely at fiduciaries — trustees and public companies — who need predictable costs and insurable limits rather than bespoke arrangements. The $370 million ceiling per client signals a pitch to large balance sheets, not retail holders. Whether this template of charter-based custody plus optional coverage gains traction among institutional allocators, and how competing qualified custodians respond on pricing and insurance terms, is the open question worth watching.
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