Crypto Custodian Secures Insurance from Lloyds

Kingdom Trust, which provides custody services for digital asset investments, has secured insurance for digital assets held on its qualified custody platform through Lloyd’s of London.

“Qualified custody by a regulated, insured financial institution is a top priority and critical hurdle for institutions to invest in the digital asset markets,” says Matt Jennings, CEO of Kingdom Trust. “By adding another trusted specialist like Lloyd’s to our platform, we’re ensuring that current and future clients will have access to a highly secure, complete safekeeping solution tailored to meet the challenges of institutional finance.”

The company’s initial platform accommodated custody for four digital currency assets, but now provides custody services for more than 30 assets, including bitcoin, bitcoin cash, bitcoin gold, ether, ether classic, litecoin, XRP and recent additions of ZCash and stellar lumens.

Galen Stops

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