مارکیٹ تجزیہ رپورٹ (21 ستمبر 2021)

Digital asset exchange Crypto.com has expanded its insurance policy to cover up to $750 million worth of digital assets, providing its 10+ million users with an additional layer of security. 

The new policy, which has been in effect since September 6th, is backed by Arch Underwriting, a division within Lloyd’s Syndicate 12, the exchange announced on Monday. The policy includes direct and indirect custodian coverage and applies to Crypto.com’s cold storage assets held on Ledger Vault. 

Crypto.com’s new policy is the largest in the cryptocurrency industry, exceeding the $700-million policy purchased by digital custodian BitGo earlier this year. Interestingly, many digital asset companies are looking to expand their insurance coverage to protect against physical damage and third-party theft. 

Going forward, it is probable that more deals like this will come to fruition since consumer protection standards are likely to improve as more mainstream and institutional investors look to gain exposure to cryptocurrencies.

ماخذ: https://www.cryptocompare.com/email-updates/daily/2021/sep/21/