Crypto Exchange Acquire $300 Million Insurance form Bittrex in Cold Storage

Cryptocurrency exchange Bittrex acquired $300 million in digital asset insurance against theft or collusion for the cryptocurrency it holds in cold storage. The exchange obtained specialty insurance for corporations by insurance firm Lloyd’s of London. The co-leader of Marsh’s digital asset risk transfer team said, “We worked closely with Bittrex to create a tailored insurance solution to fit their specific cryptocurrency needs.”

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