Bitcoin custodian Anchorage says it offers "end-to-end" insurance

posted about 2 months ago
Crypto custody startup Anchorage says it has a fully insured solution for storing digital assets for institutions and investors. The firm said its "end-to-end" insurance, which is offered through provider Aon, is more complete than its competitors.

The firm said "Most custodians’ architecture uses a combination of hot wallets and cold storage, and policies may vary from one part of the architecture to another. This approach can result in coverage gaps… Our solution is built on new technology that advances beyond cold storage to enable online participation with offline assets. As a result, we were able to work with insurers to develop an insurance policy that breaks new ground for our industry, covering digital assets under custody end-to-end throughout their entire life cycle."
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