Crypto.com Custody Trust Company Secures $120M in Digital Asset Insurance to Combat Crime & Theft

Crypto.com, a global leader trusted by over 140 million users, has announced a significant milestone in safeguarding digital assets.

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The company has secured a total of $120 million in crime and specie insurance coverage for assets held by the Crypto.com Custody Trust Company, its dedicated U.S.-based custody solution for North American institutions.

This comprehensive insurance policy, arranged in partnership with the renowned professional services firm Aon, comes after a rigorous evaluation of Crypto.com’s risk management protocols by top-tier underwriters through Lloyds of London. Effective from Q1 2025, the coverage includes $100 million for digital assets stored in cold storage, protecting against potential losses from theft, physical damage, or other incidents.

Additionally, it provides $20 million in coverage for criminal activities or third-party theft.
“We built Crypto.com on a foundation of safety and security. This insurance policy, arranged by Aon, underscores our commitment to safeguarding our customers and ensuring that they have access to a best-in-class custody solution.”

Joe Anzures, President of Crypto.com Custody Trust Company
Glenn Morgan, Head of Digital Assets at Aon, added, “At Aon, we are dedicated to addressing the evolving needs of the digital asset landscape. By designing tailored insurance programs, we aim to support the healthy growth of this technology and foster secure, trustworthy interactions within the crypto economy.”

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About Crypto.com

Founded in 2016, Crypto.com is at the forefront of the cryptocurrency revolution, boasting a trusted community of over 140 million users. The company is recognized as a leader in regulatory compliance, security, and privacy. With a vision of “Cryptocurrency in Every Wallet™,” Crypto.com is dedicated to accelerating cryptocurrency adoption and empowering the next generation of builders, creators, and entrepreneurs to cultivate a more equitable digital ecosystem.

Discover more at Crypto.com Custody.