The company created by the Gemini Exchange will be engaged in insurance of cryptocurrency assets

The Gemini U.S. cryptocurrency exchange, which is owned by the Winklevoss brothers, has created a subsidiary Nakamoto Ltd. to insure your custodial service of $ 200,000,000. The partners in the creation of the new company were 2 insurance brokers Aon and Marsh. Official information published on the company’s twitter:

Now, customers of the Gemini cryptocurrency trading platform will be able to use the services of Nakamoto and purchase additional insurance of their own digital assets. In addition, the new service will allow institutional clients of the platform to comply with regulatory requirements by law.

Gemini previously shared plans to insurance its users’ funds in October 2018.

Leave a Reply

Your email address will not be published. Required fields are marked *