Bakkt protects Bitcoin deposits with $125M insurance

posted 11 months ago
Today Bakkt said that all Bitcoin deposited at the Bakkt Warehouse is protected by a $125 million insurance policy. Bakkt had also revealed the product launch date of Sept. 23rd, 2019.

News of the insurance policy covering client deposits removes another concern for the institutional investors that Bakkt hopes to attract.
Tags: bitcoin, news