AnchorWatch introduces Trident Vault, a new software to boost Bitcoin custody By Investing.com

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Following a successful funding round led by Ten31, AnchorWatch has launched Trident Vault, a novel software solution designed to transform custody. The announcement came on Tuesday, marking a significant step forward in the commercial Bitcoin space.

AnchorWatch secured $3 million in the recent funding round. The company plans to use the fresh capital to bolster its commitment to providing secure, verifiable, and innovative solutions for Bitcoin owners and commercial institutions.

The new software, Trident Vault, addresses the binary choice issue often faced by Bitcoin owners. It offers dispersed custody and property insurance against catastrophic incidents at competitive rates. This development is expected to advance Bitcoin’s potential as programmable money for commercial institutions.

The solutions brought forward by AnchorWatch cater to a diverse client base. By providing innovative approaches to Bitcoin custody, the company is serving the needs of various stakeholders in the commercial Bitcoin space.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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© Reuters.

Following a successful funding round led by Ten31, AnchorWatch has launched Trident Vault, a novel software solution designed to transform custody. The announcement came on Tuesday, marking a significant step forward in the commercial Bitcoin space.

AnchorWatch secured $3 million in the recent funding round. The company plans to use the fresh capital to bolster its commitment to providing secure, verifiable, and innovative solutions for Bitcoin owners and commercial institutions.

The new software, Trident Vault, addresses the binary choice issue often faced by Bitcoin owners. It offers dispersed custody and property insurance against catastrophic incidents at competitive rates. This development is expected to advance Bitcoin’s potential as programmable money for commercial institutions.

The solutions brought forward by AnchorWatch cater to a diverse client base. By providing innovative approaches to Bitcoin custody, the company is serving the needs of various stakeholders in the commercial Bitcoin space.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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