Gemini obtains insurance for cryptoassets

Partner offers
The Block may may earn a commission if you use our partner offers, at no extra cost to you.

The cryptocurrency exchange co-founded by the Winklevoss twins announced that it had secured insurance coverage from cryptoassets stored in its hot wallets. Insurance coverage is provided by a group of insurers and arranged by Aon, a global professional services firm. (Source: BusinessWire

AUTHOR

Steven Zheng is a researcher for The Block. He joined The Block in August 2018. Steven graduated from St. John’s University with a degree in economics. Previously, he covered blockchain and crypto at Radicle, a startup analytics firm. He also had brief stints at Cheddar, a media startup, and Bowery Capital, a venture capital firm. He owns bitcoin. Follow Steven on Twitter at: @Dogetoshi

See More

WHO WE ARE

The Block is a news provider that strives to be the first and final word on digital assets news, research, and data.

+ Follow us on Google News
Connect with the block on