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A certain trading platform's accomplice has secured $120 million in insurance covering Cold Wallets and crime prevention.
According to official news from 【比推】, a certain trading platform has provided $120 million in crime/species insurance coverage for the digital assets held by its compliance accomplice institution. This insurance is coordinated through the international top insurance brokerage Aon and is backed by a leading underwriting consortium of Lloyd’s of London.
It is reported that the insurance covers 100 million dollars of digital assets stored in cold wallets, against physical loss, theft, and damage. An additional 20 million dollars is allocated to prevent crime and third-party theft, ensuring comprehensive protection for the custody business.