AnchorWatch Opens Bitcoin Custody Service Through Its Nevada Trust Company
AnchorWatch has launched its AnchorWatch Trust Company in Nevada and opened its custody service. The headline also says bitcoin custody fees are capped at $10,000 a month. The news is mainly about bitcoin infrastructure, so it may matter more to institutions than to short-term price moves.
Why it matters
- A Nevada trust company now offers bitcoin custody, a service for holding bitcoin on clients' behalf.
- The headline states a $10,000 monthly cap on custody fees, which may serve as a cost reference for clients.
What to watch next
Watch whether other custody providers respond with their own fee terms or announce new bitcoin custody services.
