Why Crypto Storage Insurance?
Many new businesses have been created around the crypto-based technologies. They have to store their crypto assets in such a way that the stakeholders are not exposed to potential risks of theft and damage. The goal of crypto cold storage insurance is to provide holders of crypto assets stored in cold storage with financial compensation should their properly stored crypto assets be stolen or lost as a result of a crime or a failure of the storage provider.
What does Crypto Storage insurance cover?
One of the challenges faced by many crypto-based projects and investors is the storage of their crypto holdings. Problems are even larger when they have to deal with investments of tens or hundreds of millions of dollars.
Crypto cold storage insurance covers your time and money that you would lose dealing with a theft or loss of your cold-stored crypto assets. This is a type of coverage that sophisticated investment houses and storage providers find extremely valuable both for their own and their stakeholders’ peace of mind.
If you would like to discuss your crypto insurance requirements, please reach out to us on 0203 797 1287.