Anchor Watch
- Company typePrivate
- Founded2022
- HeadquartersNashville, United States
- Headcount1–10
- GTM typeB2B and B2C
- OfferingServices
What Anchor Watch does
AnchorWatch, Inc. is a Nashville-based private company founded in 2022 that provides Bitcoin custody and insurance infrastructure, targeting high-net-worth individuals, family offices, RIAs, corporate treasuries, and Bitcoin miners. The platform is built around Trident Vault, a proprietary Bitcoin-native vault architecture that uses miniscript to encode multisig thresholds, timelocks, and recovery paths as on-chain Bitcoin Script policies (P2WSH SegWit outputs) verifiable by any external party. The product portfolio includes three vault configurations — 1-Key Flagship, 3-Key Flagship, and Multi-Institution Custody (MIC), the latter distributing signing keys across AnchorWatch, BitGo, and CoinCorner in a 2-of-3 arrangement — and is paired with optional Lloyd's of London-backed insurance coverage including custody, kidnap and ransom, mining property, cyber/E&O, D&O, and GPL policies, plus an Inheritance Protocol for documented beneficiary succession.
The business generates revenue through recurring monthly custody fees (0.02%-0.03% per month based on assets under custody), annual insurance premiums (0.6%-0.8% per year, $250K minimum coverage), one-time onboarding fees for insured services, and transaction fees up to $500 per outbound transfer beyond one free quarterly transaction. Distribution combines direct enterprise sales with a broker partner network and an enterprise API/white-label offering. The company holds Lloyd's of London Coverholder status with binding authority up to $500M per customer, is SOC 2 Type I certified, and is licensed under NPN 20799223 and California License Number 6011381. As of 2026 AnchorWatch expects to launch a Qualified Custodian service via state-trust charter. The company is venture-backed, having raised $3 million in a September 2023 round led by Ten31 with participation from Axiom BTC, Bitcoin Opportunity Fund, Concentric, Timechain, and UTXO Management.
Anchor Watch firmographics
Firmographics- Name
- Anchor Watch
- Legal name
- AnchorWatch, Inc.
- Website
- https://anchorwatch.com
- Company type
- Private
- Founded year
- 2022
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Ownership category
- akta.pro rank
Anchor Watch industry classification
Industry- Product category
- Bitcoin Custody and Insurance
- NAICS
- Trusts, Estates, and Agency Accounts (525920), Funds, Trusts, and Other Financial Vehicles (525)
- SIC
- Finance Services (6199)
- akta.pro primary industry
- Custody Insurance & Risk Transfer (Digital Asset Custody) (FSADACAL)
- akta.pro secondary industries
- Digital Asset Custody (Institutional Crypto Custody) (FSAFAHAH), Custody Technology Platforms (Custody-as-a-Service) (FSADACAB), Recovery & Inheritance Solutions (social recovery services, dead-man switches, key escrow) (FSAPACAK)
Keywords
Where Anchor Watch is headquartered
LocationHeadquarters
- HQ city
- Nashville
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Anchor Watch business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure
Revenue model
- Trident Service Fee (Custody): Monthly fee based on assets under custody (Bitcoin value). Calculated daily using AnchorWatch Reference Rate Price Index. Billed monthly on the 15th, due by the 5th of following month. One free outbound transaction per quarter; additional transactions up to $500 each.
- Bitcoin Insurance Premiums: Annual insurance premiums for Lloyd's of London-backed coverage. Priced as percentage of insured value, typically 0.6%-0.8% per year. USD-denominated, paid annually. Subject to policy terms, coverage limits, and exclusions.
- Onboarding Fee: One-time fee for initial vault setup, applicable to customers utilizing Insured Services. Uninsured Services have optional self-served onboarding at no charge.
- Transaction Fees: Additional outbound Bitcoin transactions beyond the one free quarterly transfer incur fees up to $500 per transaction. Billed on quarterly invoices.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | 1-Key and 3-Key Flagship Vault Custody |
| Subscription | Monthly | Multi-Institution Custody (MIC) Vault |
| Subscription | Annual | Bitcoin Custody Insurance (Standard) |
| Other | Annual | Insurance Limits |
| Transaction based/ take rate | Multi-year contract | Transaction Fees |
| One time/ perpetual license | Pay-as-you-go | Onboarding Fee |
Go-to-market motion2 records
Distribution channels4 records
Marketing channels5 records
Anchor Watch product offering
Product offeringCore offering
AnchorWatch provides Bitcoin-native custody solutions powered by its proprietary Trident Vault architecture, combined with optional Lloyd's of London-backed insurance coverage for the Bitcoin assets held in those vaults. The company offers multiple vault configurations (1-Key Flagship, 3-Key Flagship, and Multi-Institution Custody), a suite of commercial insurance products for Bitcoin businesses (custody, K&R, mining property, D&O, GPL, Cyber/E&O), and an Inheritance Protocol for succession planning.
Product overview
AnchorWatch is a Bitcoin custody and insurance platform combining Bitcoin-native vault technology with optional Lloyd's of London insurance coverage. The platform is built around Trident Vault, a proprietary Bitcoin-native architecture that enforces custody rules on-chain. The product portfolio includes three distinct vault configurations: 1-Key Flagship Vault (individual custody with client-held key), 3-Key Flagship Vault (client-controlled 2-of-3 multisig for families and organizations), and Multi-Institution Custody (MIC) Vault (keys distributed across AnchorWatch, BitGo, and CoinCorner for institutional separation). All vaults can be paired with optional Bitcoin custody insurance. AnchorWatch also offers a suite of commercial insurance products including Kidnap and Ransom, Mining Property, Cyber and Technology (E&O), Directors and Officers (D&O), and General Partner Liability coverage. Additional offerings include the Inheritance Protocol for succession planning, an Enterprise Platform with white-label and API options, and a forthcoming Qualified Custodian service expected in 2026.
Differentiator
Problem solved
Functional benefit
Brands
- Trident Vault: Proprietary Bitcoin-native vault architecture that powers all AnchorWatch custody solutions, using miniscript-based policies enforced on-chain.
- Flagship Vault
- Multi-Institution Custody (MIC)
- Inheritance Protocol
Products and services
- Trident Vault (Enterprise Platform) AnchorWatch's proprietary Bitcoin-native vault architecture and enterprise SaaS platform that powers custody solutions via scalable APIs. Supports vault creation, transaction signing workflows, balance and UTXO reporting, role-based access management, audit logging, and partner integration with the same controls that make Trident robust. Sold to enterprise partners for white-label and API-driven integration.
- 1-Key Flagship Vault Individual Bitcoin custody option where clients hold a single hardware signing key paired with AnchorWatch's institutional keyset. Provides direct control with minimal complexity. Includes AnchorWatch co-signing during active insurance terms.
- 3-Key Flagship Vault Client-controlled 2-of-3 multisig vault for families, trusts, and small organizations that removes single points of failure through shared authority and structured succession planning. Includes AnchorWatch co-signing during active insurance terms.
- Multi-Institution Custody (MIC) Vault Vault configuration where signing keys are distributed across three independent institutions (AnchorWatch, BitGo, and CoinCorner) in a 2-of-3 arrangement. Designed for enterprises and individuals seeking institutional-grade security without managing physical hardware. Client authenticates transactions using a YubiKey hardware device.
- Bitcoin Custody Insurance Optional Lloyd's of London-backed insurance coverage for bitcoin held in Trident Vaults, offering up to one-to-one coverage against covered loss events including theft, coercion, wrench attacks, kidnapping, and catastrophic events. Limits up to $100M per vault and $500M per customer.
- Kidnap and Ransom (K&R) Insurance Insurance coverage protecting Bitcoin business operators and their families against kidnapping, extortion, and related risks.
- Mining Property Insurance Lloyd's of London-backed policy covering physical mining infrastructure including ASICs, containers, data centers, power and cooling systems against fire, flood, environmental damage, and theft.
- Cyber and Technology (E&O) Insurance Coverage for technology errors and omissions, cyber liabilities, and related risks for Bitcoin businesses.
- Directors and Officers (D&O) Insurance Liability coverage for directors and officers of Bitcoin companies and institutions.
- General Partner Liability (GPL) Insurance Coverage for general partners in Bitcoin-focused investment vehicles and entities.
- Inheritance Protocol Documented succession and beneficiary recovery procedure enabling verified heirs to access Bitcoin after the owner's death without requiring seed phrases. Recovery path is encoded in vault and executed through AnchorWatch with compliance verification.
Quantifiable outcome
- Custody fees: 0.02%-0.03% per month; Insurance: 0.6%-0.8% per year
- +3 more outcomes
Companies that use Anchor Watch
Customer profileSegments5 records
Ideal customer profiles6 records
Anchor Watch technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration1 record
Feature8 records
Anchor Watch partnerships and signals
Strategic signalPartnerships
Four partnerships are on record, tiered core and minor.
- Lloyd's of LondoncoreAnchorWatch is an authorized Lloyd's of London Coverholder, authorized to underwrite and administer Bitcoin insurance policies on behalf of Lloyd's syndicates. Coverage backed by Lloyd's A.M. Best A+ rated syndicates. Binding authority up to $500M per customer.
- BitGocoreBitGo serves as one of three independent institutional key holders in the Multi-Institution Custody (MIC) Vault configuration. In the 2-of-3 arrangement, BitGo holds one signing key alongside AnchorWatch and CoinCorner, ensuring no single institution can move funds unilaterally.
- CoinCornercoreCoinCorner serves as Recovery Partner and one of three independent institutional key holders in the Multi-Institution Custody (MIC) Vault. Provides key recovery services if AnchorWatch or other institutional key holders become offline or unresponsive. Part of 2-of-3 key distribution.
- Arch InsuranceminorArch Insurance handles insurance complaints for AnchorWatch policies. Complaints can be directed to Arch Insurance (UK) Limited's Complaints Manager at their London office, or alternatively to Lloyd's Complaints Department in New York.
Scale indicators4 records
Recent moves6 records
Expansion highlights6 records
Anchor Watch competitors and assessment
Company assessmentDirect peers
- Unchained Capital: Bitcoin-native collaborative custody provider using multisig vaults and concierge services for HNW holders, family offices, and corporate treasuries. Closely comparable in Bitcoin-only focus, multisig architecture, and HNW/corporate client base.
- BitGo: Institutional digital asset custodian and key holder in AnchorWatch's MIC configuration. Operates qualified custody and insurance-backed cold storage for Bitcoin and other assets, directly competing for institutional Bitcoin custody while also being a partner.
- Evertas: Specialist crypto insurance company underwriting coverage for custodians, exchanges, and miners. Most directly comparable insurance-side peer given AnchorWatch's Lloyd's-backed custody insurance positioning.
- Casa: Bitcoin-only self-custody service offering multisig vaults and inheritance planning for HNW individuals. Directly comparable on Bitcoin specialization, multisig vault model, and inheritance/estate focus.
- Anchorage Digital: Federally chartered digital asset custodian offering institutional custody with insurance and governance features. Competes for corporate treasuries and institutions needing regulated, insured custody of Bitcoin and other digital assets.
Broad incumbents
- Coinbase Custody: Custody arm of a major publicly traded crypto exchange, offering qualified institutional custody with insurance coverage for Bitcoin and a broad multi-asset lineup. Significantly larger scale and broader asset support than AnchorWatch.
- Gemini Custody: Qualified institutional cold-storage custody service from Gemini, offering insurance coverage for held digital assets. Competes for institutional and HNW Bitcoin custody with broader multi-asset support.
- Bakkt: Publicly traded institutional digital asset custody and trading platform serving corporations and institutions. Overlaps on institutional Bitcoin custody and qualified-custodian ambitions.
- Fidelity Digital Assets: Institutional Bitcoin and digital asset custodian backed by Fidelity, serving hedge funds, family offices, and corporate treasuries with qualified custody. Competes for the same institutional and RIA segments with much greater balance sheet and brand.
Emerging players
- Coincover: Crypto-specific insurance and wallet-recovery technology provider, offering theft protection and disaster recovery for digital assets. Overlaps with AnchorWatch on insurance-backed custody and key recovery workflows.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Anchor Watch social profiles
Digital presenceAnchor Watch compliance and trust
Trust signalCompliance3 records
Anchor Watch financial estimates
Financial estimateRevenue estimate
Valuation estimate
Anchor Watch leadership team
Management profileNumber of profiles
Anchor Watch funding detail
Funding detailFunding overview
Funding rounds1 record
Investors6 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Anchor Watch M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Anchor Watch
What does Anchor Watch do?
AnchorWatch provides Bitcoin-native custody solutions powered by its proprietary Trident Vault architecture, combined with optional Lloyd's of London-backed insurance coverage for the Bitcoin assets held in those vaults. The company offers multiple vault configurations (1-Key Flagship, 3-Key Flagship, and Multi-Institution Custody), a suite of commercial insurance products for Bitcoin businesses (custody, K&R, mining property, D&O, GPL, Cyber/E&O), and an Inheritance Protocol for succession planning.
Is Anchor Watch a public or private company?
Anchor Watch is a private company. It is classified as venture growth investor backed and is currently operating.
When was Anchor Watch founded?
Anchor Watch was founded in 2022. It employs 1 to 10 people.
Where is Anchor Watch based?
Anchor Watch is headquartered in Nashville, United States, in the North America region.
How does Anchor Watch make money?
Four revenue lines are on record. Trident Service Fee (Custody) is the primary driver. The others are bitcoin Insurance Premiums, onboarding Fee and transaction Fees.
Who are Anchor Watch's main competitors?
Direct peers on record are Unchained Capital, BitGo, Evertas, Casa and Anchorage Digital. Broad incumbents are Coinbase Custody, Gemini Custody, Bakkt and Fidelity Digital Assets. Coincover is listed as an emerging player.
Does Anchor Watch have an API?
Yes. AnchorWatch offers an enterprise API for partners building product experiences on top of Trident Vault. The API is designed to support vault creation, transaction signing workflows, balance and UTXO reporting, role-based access management, audit logging, and integration with partner-specific compliance workflows. API access is part of the enterprise integration model, exposing the same controls that make Trident robust, including segregation and on-chain verifiability, to the partner's own product. Specific API documentation and developer integration support are provided during partner onboarding, where technical requirements and integration timelines are scoped to the partner's product.
What industry is Anchor Watch in?
Anchor Watch's product category is Bitcoin Custody and Insurance. Its primary akta.pro industry code is FSADACAL, Custody Insurance & Risk Transfer (Digital Asset Custody), with a secondary code of FSAFAHAH, Digital Asset Custody (Institutional Crypto Custody). Its NAICS code is 525920 and its SIC code is 6199.