Tech Company Financing Transactions
AnchorWatch Funding Round
Ten31, Axiom BTC and Bitcoin Opportunity Fund participated in a $3 million venture round for AnchorWatch. The round was announced by the company on 9/26/2023.
Transaction Overview
Company Name
Announced On
9/26/2023
Transaction Type
Venture Equity
Amount
$3,000,000
Round
Undisclosed
Investors
Proceeds Purpose
The company intends to use the funds to complete all regulatory and capital requirements needed to deliver Trident Vault to customers and start selling policies, and undergo security audits by a number of credentialed firms to further solidify Trident Vault as a sound and viable custody solution for enterprise use.
Company Information
Company Status
Private & Independent
Industry
AdTech
Mailing Address
4801 Glenwood Avenue 200
Raleigh, NC 27612
USA
Raleigh, NC 27612
USA
Phone
Undisclosed
Website
Email Address
Overview
AnchorWatch provides institutional-grade custody services and regulated insurance that make owning bitcoin simpler and safer for businesses, fiduciaries and estates. You hold your Bitcoin, we hold the risk. AnchorWatch was created to help businesses, fiduciaries, and estates hold and insure their Bitcoin holdings easily and safely. We're paving the way for a robust Insurance market across the digital asset ecosystem through best-in-class technology, security, risk management, insurance and operational expertise.
Management Team
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