CoinCorner Vault Brings Insured Bitcoin Custody to Retail Users

CoinCorner and AnchorWatch have launched a retail Bitcoin custody product called Vault. It charges holders 1.5% of their balance annually in exchange for a two-company signing structure and insurance arranged through the Lloyd’s of London market.

The coverage is intended for specified risks, including key loss and unauthorized access; it does not protect against a falling Bitcoin price or every operational failure a custodian could face. The launch highlights a tension in Bitcoin’s development.

Custody infrastructure is becoming more formal and institutionally structured, while Forbes reporting suggests Miami’s civic conversation is placing less emphasis on crypto as a defining public identity. One story concerns the management of custody risk.

The other concerns the priorities being discussed by people running a city that had become closely associated with crypto promotion. How Vault’s Two-Company Custody Model Works CoinCorner has launched Vault, bringing insured Bitcoin custody to its UK customers.