Digital Asset Custody Platform GK8 Raises Insurance Cap to $1B

According to Cointelegraph, GK8 in partnership with USI Insurance Services augments its insurance policy for institutional clients to appeal to banks and other financial institutions for investment in cryptocurrency. 

The insurance policy offers up to $1 billion of coverage per client for digital assets stored with GK8’s offline “cold vault” and up to $125 million for assets stored via its multiparty-computation-based institutional wallet.


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