LONDON-(BUSINESS WIRE)–Qredo is pleased to be able to offer comprehensive custodial insurance to interested Qredo Wallet users.
The cover, which protects assets held in wallets and in secure transmission throughout the trading process, offers a limit of up to $600 million.
Insurance coverage is vital to the development of the digital asset market, and this policy marks a significant step forward in the quality and scope of protection offered to institutional users of Qredo and their clients.
The offering adds to Qredo’s enterprise-grade security in the digital asset industry with a unique insurance partnership that provides users with an additional layer of protection for their digital asset portfolio.
Subject to the full terms, conditions and exclusions, the policy provides:
For more details on how to benefit from Qredo’s leading custodial coverage for digital assets, contact the Qredo sales team.
Ben Whitby, Vice President of Strategic Partnerships and Regulatory Affairs, Qredo:
“Comprehensive insurance coverage held directly by users is one of the keys to unlocking the huge pent-up institutional demand for crypto-assets.
“With this policy, Qredo can now offer users one of the highest insurance limits in the industry, with users benefiting from the cover of a leading London market underwriter and the security of multi-party compute encryption. decentralized market leader from Qredo.”
With Qredo, digital asset custodians can access a solution that allows them to transfer digital asset storage risk across the private key management and storage lifecycle.
This presentation has been prepared by Qredo Services Ltd (“Qredo”) for information purposes only and should not be considered an offer or solicitation of an offer to buy or sell insurance in the British Virgin Islands (“BVI”) or in any jurisdiction where such offer or solicitation is unlawful.
Qredo is not registered or licensed by any financial regulatory authority in the BVI or elsewhere. Accordingly, no BVI or other financial regulatory authority has expressed an opinion on the content of this presentation.
This brief and any related conversation does not constitute a solicitation of insurance business by Qredo Services Ltd, its affiliates or any of its employees.
Qredo is a decentralized digital asset management infrastructure and product suite designed to unlock new opportunities for institutional investors in digital assets and decentralized finance.
Qredo’s layer 2 blockchain protocol allows users to seamlessly transfer and settle BTC, ETH, BNB Chain, Solana, Polkadot, and ERC-20 tokens.
Assets are secured by Qredo’s advanced Gen 2.0 Multiparty Computing (MPC), which provides Tier 1 banking security and institutional grade governance.
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