The post Bitcoin Insurer AnchorWatch Raises $3m in Funding for Expansion! appeared first on Coinpedia Fintech News
AnchorWatch, a Bitcoin insurer supporting commercial entities, has raised $3 million in funding led by Ten31. The platform uses proprietary Trident Vault software to offer customers its native custody solution, an insurance policy that protects bitcoin owners. The system is backed by top-quality insurance, providing extra security for bitcoin owners. AnchorWatch CEO Ken Nakamura highlighted that the fresh funding will accelerate their plans for expansion to meet escalating demand within the space.