Investments 04.10.2023
New Investment – AnchorWatch
AnchorWatch – an insurance and multi-institutional custody provider for bitcoin has closed a $3 million seed raise led by Ten31, with supportive investments from Timechain, Axiom, UTXO Management, and Bitcoin Opportunity Fund amongst others.
This investment will allow the team to make their vision of a better bitcoin custody model a reality. They will use the funds to satisfy their regulatory requirements and launch innovative bitcoin custody software Trident Vault.
This exciting offering of dispersed custody and bitcoin insurance has the potential to greatly expand the opportunities for bitcoin use in the future.