Qredo Unlocks Industry-leading Specie Crypto Insurance Cover

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London, United Kingdom:
 

Qredo is delighted to have the ability to provide complete custody insurance to Qredo Wallet customers.


 

The cowl, which protects property held in wallets and in safe transmission all through the commerce course of, gives a restrict of as much as $600 million.


 

Insurance protection is significant for the event of the digital asset market, and this coverage marks a big step ahead within the high quality and scale of safety out there to institutional customers of Qredo and their prospects.


 

The providing provides to Qredo’s enterprise-grade safety within the digital asset {industry} with a singular insurance partnership that gives customers with an added layer of safety for his or her digital asset portfolio.


 

Subject to the total phrases, situations and exclusions, the coverage gives:


 

  • A complete of $600 million of named perils cowl at launch
  • Insurance underwritten with capability from the London market.



For particulars on the right way to profit from Qredo’s industry-leading custody protection for digital property, get in contact with the Qredo Commercial group.


 

Ben Whitby, VP Strategic Partnerships and Regulatory Affairs, Qredo:


 

“Comprehensive insurance protection held immediately by customers is among the keys to unlocking the huge pent-up institutional demand for cryptoassets.


 

“With this policy, Qredo can now offer users one of the highest insured limits in the industry, with users benefiting from coverage by a leading London market underwriter and the security of Qredo’s market-leading decentralized multi-party computation encryption.”


 

With Qredo, custodians of digital property can entry an answer which permits them to switch digital asset storage dangers by the lifecycle of personal key administration and storage.


 

Disclaimer


 

This presentation has been ready by Qredo Services Ltd (“Qredo”) solely for info and shouldn’t be thought-about to be a suggestion or solicitation of a suggestion to purchase or promote insurance within the British Virgin Islands (“BVI”) or any jurisdiction the place such provide or solicitation is illegal.


 

Qredo isn’t registered with or licensed by any monetary regulatory authority within the BVI or elsewhere. Accordingly, no BVI or different monetary regulatory authority has handed upon the contents of this presentation.


 

This temporary and any associated conversations don’t represent solicitation for insurance business by Qredo Services Ltd, its associates or any of its staff.


 

About Qredo


 

Qredo is a decentralized digital asset administration infrastructure and product suite designed to unlock new alternatives for institutional buyers in digital property and decentralized finance.


 

Qredo’s Layer 2 blockchain protocol permits customers to seamlessly switch and settle BTC, ETH, BNB Chain, Solana, Polkadot and ERC-20 tokens.


 

Assets are secured by Qredo’s superior Gen 2.0 multi-party computation (MPC), which gives tier-1 financial institution safety and institutional-grade governance.


 

Follow Qredo on Twitter and LinkedIn


 


 







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