Crypto.com has secured a $120 million insurance policy specifically for digital assets held by its institutional custody arm, Crypto.com Custody Trust Company.
The coverage, arranged by global insurance broker Aon and underwritten by Lloyd’s of London, provides protection for up to $100 million in risks, including third-party theft.
This significant insurance policy underscores Crypto.com’s ongoing commitment to implementing robust risk management frameworks.
It further signals the exchange’s prioritization of security and adherence to evolving regulatory compliance standards within the digital asset custody sector.