The decision to collaborate with Insly stems from its comprehensive suite of solutions and the team’s profound expertise in Bitcoin.
Pioneering a novel approach in the industry, AnchorWatch offers an integrated custody and insurance solution, safeguarding holders’ digital assets. Leveraging its Trident Vault custody solution, AnchorWatch employs advanced Bitcoin smart contracts to diversify custody across multiple holders and physical locations, thus mitigating risks associated with potential threats such as fires, floods, and theft.
Furthermore, AnchorWatch integrates regulated property insurance directly into Trident Vaults, ensuring comprehensive coverage in the event of asset loss.
Founded by Rob Hamilton and Becca Rubenfield, AnchorWatch seeks to address a critical gap in the Bitcoin market, facilitating its broader adoption. The company primarily serves organizations including family trusts, funds, pensions, family offices, and Bitcoin miners, all of whom prioritize robust Bitcoin insurance solutions.
According to reports, the decision to partner with Insly was driven by its robust back-office functionality, scalability, and seamless integration capabilities with AnchorWatch’s intricate systems. Insly’s agile product development features and open APIs are expected to streamline implementation processes, expediting time to market for AnchorWatch’s innovative solutions.
“We’re in a pivotal year for Bitcoin, with numerous ETFs now approved and the price at all-time highs,” comments Rob Hamilton, CEO and Co-Founder of Anchorwatch. “A wider range of investors are now interested in holding Bitcoin; however, the lack of comprehensive insurance has always been a drawback. Anchorwatch now offers a viable solution and our partnership with Insly enables us to put the robust foundations in place to respond to growing demand and scale our business.”
Risto Rossar, CEO and founder of Insly, also commented, saying: “Anchorwatch has built a truly innovative business, which is a game-changer for the bitcoin market, opening the door to a much wider array of investors.”
He added: “Insly will give the company the secure and robust infrastructure to support its insurance and custody products and we’re excited to help it make its vision a reality.”
