AnchorWatch Launches High-Coverage Bitcoin Custody Service
AnchorWatch introduces a Nevada-chartered bitcoin custody service with up to $370 million in insurance per client.
AnchorWatch introduces a Nevada-chartered bitcoin custody service with up to $370 million in insurance per client. Bitcoin (BTC) is trading at ₹77,98,786 ($81,933.00), down 0.3% since this brief published. This is an original Token Times brief based on reporting by The Block, with live market data added, as of Mon, 19 Oct 2026 16:15:02 UTC.
This development highlights the growing institutional demand for secure bitcoin storage solutions with substantial insurance coverage, reflecting increased mainstream adoption and risk management in the crypto sector.
- AnchorWatch launched a Nevada-chartered bitcoin custody service.
- Service includes up to $370 million in insurance per client.
- Monthly fee capped at $10,000, targeting institutional clients.
- Launch aligns with rising institutional interest in crypto custody solutions.
AnchorWatch has launched a new bitcoin custody service, targeting institutional clients with a focus on security and insurance coverage. The service is chartered in Nevada and offers insurance of up to $370 million per client, which is among the highest coverage levels available in the market.
The service comes with a monthly fee cap of $10,000, making it accessible to a range of institutional investors while ensuring high-level security and risk management. This move underscores the increasing demand for robust custody solutions as more institutional players enter the crypto space.
The launch of AnchorWatch's custody service aligns with the broader trend of institutional adoption of cryptocurrencies. As the market matures, the need for secure, insured storage solutions becomes more critical, particularly for large-scale investors.
In the current market context, 
Bitcoin is trading at $82,158, up 1.28% in the last 24 hours, with a market cap of $1.65 trillion. The overall crypto market is also experiencing a positive trend, with a total market cap of $2.81 trillion. The Fear & Greed Index stands at 59, indicating a 'Greed' sentiment among investors.
The introduction of this custody service could further bolster institutional confidence in Bitcoin and the broader crypto market. Investors will likely watch for the adoption rate of this service and its impact on market dynamics.
Since this brief published about 1 hour ago, Bitcoin (BTC) has moved from ₹78,20,202.25$82,158.00 to ₹77,98,785.64$81,933.00 — -0.27%.
The chart plots BTC's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from Token Times's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
Will Bitcoin dip to $50,000 by December 31, 2026?
Crowd-implied probability on Polymarket, ₹9.50M 24h volume, resolves Jan 1 — snapshotted when this brief published (Oct 19 15:05 UTC). A market price reflects what traders collectively expect; it is not a forecast by Token Times and will have moved since. View the market ↗
At today's peer-to-peer rate, 1 BTC ≈ ₹8.54M (about $81,933.00), up 1.1% over 24 hours. The rupee itself trades about 9.5% above the official rate on the P2P market, so a Indian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the asset in this story — live, source-stamped, updated every 15 minutes.
AnchorWatch Launches High-Coverage Bitcoin Custody Service — questions & answers
What is the insurance coverage offered by AnchorWatch?
AnchorWatch offers up to $370 million in insurance per client.
How much is the monthly fee for AnchorWatch's custody service?
The monthly fee is capped at $10,000.
Why is this custody service significant?
It reflects the growing demand for secure, insured crypto storage solutions among institutional investors.
How much is 1 Bitcoin worth in rupee today?
About ₹8.54M at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $81,933.00. The rupee price moves with both BTC's US-dollar price and the USDT/INR rate; use our Bitcoin in rupee page for any amount.
Has Bitcoin's price moved since this brief was published?
BTC is down 0.27% since this brief first published — trading at ₹77,98,786 ($81,933.00) now versus ₹78,20,202 ($82,158.00) at publication. Token Times re-checks this figure against CoinGecko and Binance every 15 minutes.
Which outlets reported this story?
This is an original Token Times brief that synthesises reporting from The Block. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original Token Times brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.