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BitGo Offers $100 Million Insurance Protection For Cryptocurrency

A recent article announced that, with Woodruff Sawyer’s assistance,  BitGo, a leader in cryptocurrency financial services, has secured the industry’s most comprehensive insurance protections for cryptocurrency and digital assets. BitGo now offers $100 million in insurance cover to protect against 3rd-party hacks, insider theft of private keys, and physical loss or damage of private keys, making it the only regulated custodian developed for cryptocurrency assets. BitGo, “has worked for the last year to build the right solution along with its partners, Woodruff Sawyer and Paragon International Insurance Brokers Ltd.”