Bitcoin Insurer AnchorWatch Raises $3m in Funding for Expansion!

Writer: Mustafa Mulla

Mustafa has been writing about Blockchain and crypto since a few years. He has earlier buying and selling expertise and has been working within the Fintech business since 2017.

Sep 26, 2023 19:39

AnchorWatch, a Bitcoin insurer supporting industrial entities, has raised $3 million in funding led by Ten31. The platform makes use of proprietary Trident Vault software program to supply prospects its native custody answer, an insurance coverage coverage that protects bitcoin house owners. The system is backed by top-quality insurance coverage, offering additional safety for bitcoin house owners. AnchorWatch CEO Ken Nakamura highlighted that the contemporary funding will speed up their plans for growth to fulfill escalating demand throughout the area.