Winklevoss Brothers’ exchange, Gemini, has received insurance coverage for its digital assets. Asset insurance will be provided through a consortium of insurers organized by Aon, a global professional services firm.
The exchange insured its assets only after it had proved to the insurers that it is one of the leading and best in its class.
Yusuf Hussain, head of Risk Management at Gemini, said that consumers are looking for the same levels of insurance protection they used to get from traditional financial institutions. In this regard, the exchange seeks to protect consumer rights in the field of cryptocurrency.