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Crypto.com announced $120 mn insurance policy to protect digital assets

Crypto:com announced $120 mn insurance policy to protect digital assets

Crypto:com, a global crypto exchange platform, has strengthened its security measures by announcing a $120 mn insurance policy to protect its digital assets.

These assets are safeguarded by Crypto:com Custody Trust Company, based in the United States.

Crypto:com serves over 140 mn users worldwide. This initiative marks an important step to build confidence and enhance client protection in the digital asset ecosystem.

In Q1 2025, the platform introduced new insurance coverage developed with the global professional services firm Aon and backed by underwriters at Lloyd’s of London.

The policy allocates $100 mn for assets held in cold storage, covering potential physical loss, damage, or theft. An additional $20 mn covers crime and third-party theft.

Crypto:com Custody Trust Company provides a central custody solution for digital assets, serving North American clients and institutions.

Our insurance policy arranged by Aon for assets within Crypto:com Custody Trust Company demonstrates our ongoing efforts to protect customers and deliver an offering our clients can rely on.

Joe Anzures, president of the Trust Company

Glenn Morgan, Head of Digital Assets at Aon, supported this view. He pointed the relevance of the insurance program in addressing the risks associated with digital assets.

This announcement highlights Crypto:com’s role as a leader in security, regulatory compliance, and customer assurance.