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AnchorWatch raises $3m in Seed funding

Nashville based crypto insurance provider raised $3m in Seed funding led by Ten31.

"Bitcoin owners are still faced with the binary choice between self-custody and third-party sole custodians. In the case of the latter, high-risk trading strategies, or worse, blatant fraudulent activities have resulted in catastrophic losses for customers. Thus, they are hesitant to rely on the commercial key holder to deliver the services promised. AnchorWatch makes owning and holding the bearer asset practical, safe, easy, secure and verifiable."

Tags

crypto, insurance