Crypto.com ensures $ 120 million in insurance for the United States custody platform as institutional trust grows
Crypto.com, an exchange of global global cryptocurrencies, has announced a significant milestone to strengthen its digital asset custody infrastructure. The company has secured an insurance policy of $ 120 million to cover the assets held within its custody platform based in the United States, Crypto.com Custody Trust. The measure, which occurs in the midst of the intensification of regulatory clarity and the growing institutional demand, positions Crypto.com as one of the few exchanges that offers comprehensive insurance coverage in an industry that still dealt with risk management.
The insurance agreement was facilitated by the London -based insurance firm, which works in association with subscribers through Lloyd’s of London, one of the most established insurance markets in the world. This new coverage underlines the Crypto.com approach in reinforcing security and improving confidence as its footprint expands in North America.
“We created Crypto.com on a security base,” said Joe Anzures, president of Crypto.com Custody Trust Company. “Our insurance policy, organized by AON for assets within Crypto.com Custody Trust Company, is the last example of our commitment to safeguard our clients and provide a better offer in their class with which institutional clients can calm down.”
Details behind coverage
The $ 120 million policy is designed to protect the assets of stored customers within Crypto.com’s custody arm of risks such as crimes, physical loss, robbery or damage. Of the total amount, $ 100 million are specifically dedicated to the protection of the assets maintained in cold storage, the out -of -line method to ensure digital assets that is widely considered as the safest form of custody. The remaining $ 20 million are allocated for coverage against crime -related incidents, including third parties and cyber crime.
According to the company, this insurance plan will be extended to the first quarter of 2025 and serves as an important pillar in the broader strategy of Crypto.com to support institutional adoption and regulatory compliance. The exchange emphasized that this insurance is not simply symbolic, but reflects its commitment to risk mitigation, corporate governance and operational transparency.
Industry context: a rare offer in a sector prone to risks
Comprehensive insurance remains a rarity in the cryptocurrency exchange scene. A recent Coinlaw study reveals that in mid -2025, only 22% of cryptocurrency exchanges offer digital asset insurance maintained in custody. Even less provide clear coverage for cold storage, the safer form of asset storage.
In addition, the study found that 74% of insured exchanges focus their coverage on protection against cyber attacks and crimes. Between 2022 and 2024 alone, insurance payments linked to hacks related to exchange totaled approximately $ 1.8 billion, underlining the exchanges of significant risks they face and the importance of marks of custody and strong insurance.
“The reality is that most exchanges still operate with limited insurance protections,” said Blockchain security analyst Matthew Lin. “The Crypto.com movement is not only strategic, it is necessary for long -term confidence and institutional capital flow.”
Regulatory tail and strategic growth visiones
The announcement occurs when Crypto.com expands its operational presence in the United States, marked by the recent opening of a new office in Washington, DC, this strategic movement is aligned with a broader tendency to improve regulatory clarity in the US. UU. After a series of legal closures and research resolutions that involve large crypto companies.
In particular, Crypto.com was among the companies for which the United States Stock Exchange and Securities Commission (SEC) concluded its research earlier this year, pointing out a more cooperative regulatory environment for companies committed to compliance and transparency.
Beyond regulatory progress, Crypto.com is also deepening its associations and product offers. The company was recently associated with Canary Capital Group to launch the Canary Cro Trust – A regulated investment vehicle designed to provide institutional investors exposure to Token Cronos (CRO), the native cryptocurrency of Crypto.com.
The largest image: institutional infrastructure construction
The Crypto.com movement to ensure $ 120 million in insurance coverage is considered an important step to build the necessary infrastructure to support the growing institutional interest in digital assets. From family offices to coverage funds, institutional investors require not only regulatory clarity but also solid custody solutions that include insurance protections.
As digital assets are increasingly integrated into traditional financial portfolios, the ability to provide end -to -end protection, from cyber resistance to legal compliance and insurance, is becoming essential. The Crypto.com custody trust solution aims to deliver all fronts.
“Institutional adoption requires more than access to cryptography,” said Katherine Li, digital asset strategist at Summit Research Group. “It requires the entire ecosystem of protections and services that traditional finances have developed for decades. This insurance policy is a sign that Crypto.com understands.”
Looking to the future
With the new insurance coverage instead, Crypto.com seems to be well positioned to attract a broader range of customers, particularly in North America, where regulators and institutional investors have been cautious but increasingly open to exposure to cryptographic.
As other exchanges deal with hardened scrutiny and ongoing security concerns, the last development of Crypto.com offers a model of how to navigate the complex land of digital asset custody. It reflects a growing trend within the industry, one that prioritizes infrastructure, security and institutional degree offers.
In an era marked by the increase in the theft of digital assets, hacks and regulatory reviews, the insurance initiative of $ 120 million of Crypto.com represents not only a corporate milestone, but also a change in how cryptographic companies address confidence construction. It can well become the point of reference against which other exchanges are measured.
Source: Crypto.news
Writer
@Ellena
Ellena is an experienced cryptographic writer who loves to explore the intersection of blockchain technology and financial markets. She regularly provides information about the latest trends and innovations in the currency space.
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