The round was led by Ten31, with participation from Axiom BTC, Bitcoin Magazine Fund, Timechain, and Bitcoin Opportunity Fund.
, and other investors. The infusion of capital will empower AnchorWatch to fulfill regulatory requirements and capital needs, paving the way for the launch of its Trident Vault software and the sale of insurance policies tailored for Bitcoin holders.
Trident Vault is a Bitcoin vault designed exclusively for commercial use. It streamlines remote team workflows, introduces key holder seniority, and features time-locked spending conditions, thereby enhancing compliance and governance on-chain. AnchorWatch achieves collaborative custody through two key mechanisms. Firstly, Trident Vault facilitates assisted custody by holding a minority of keys and implementing protocol-level governance and compliance. This method enhances security by dispersing custody across different physical locations and unrelated entities, mitigating risks from events like fires, floods, and theft by internal or external actors.
Jonathan Kirkwood, Managing Partner at Ten31, highlighted the significance of AnchorWatch's approach: “AnchorWatch is building both the technical infrastructure to advance bitcoin’s potential as programmable money and the credentialed legal/financial infrastructure for bitcoin to be held by commercial institutions via its insurance offerings.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Bitcoin & Ethereum Prices Dip as Market Turns Bearish, While Bitcoin BSC Nears $5M MilestoneIt's been a difficult 24 hours for Bitcoin (BTC) and Ethereum (ETH) investors, with both cryptocurrencies experiencing corrections. Bitcoin's value has
Leer más »
Bitcoin price drops as SEC delays decision on Bitcoin ETF, offering new trading opportunitiesAs the SEC delays the decision on Bitcoin ETFs, the BTC price takes a hit. However, automated trading tools can provide new trading opportunities in these uncertain times
Leer más »
How to get the new COVID vaccine for free, with or without insuranceAmericans still have ways to get vaccinated at no out-of-pocket cost. Here's what to know.
Leer más »
Commercial Real Estate’s Next Big Headache: Spiraling Insurance CostsLandlords are in a bind with their building values and rental income down while expenses keep rising.
Leer más »
Walters: California Legislature punts insurance crisis to Newsom and LaraOne by one, insurers have been reducing or eliminating their exposure in California following disastrous wildfires.
Leer más »