Marsh Launches $825 Million Cryptocurrency Insurance Coverage for Digital Asset Custodians
• Marsh insurance broker introduces $825M crypto custody coverage, largest facility of its kind • New product provides insurance for digital assets held in cold storage and other custody solutions • Crypto insurance has been limited, with exchanges often self-insuring against losses • Marsh previously secured hundreds of millions in coverage for firms like Crypto.com • New facility developed by Marsh's Digital Asset teams in New York and London to help custodians manage risks