Digital asset minding company Kingdom Trust, announced today that it has secured insurance coverage through Lloyd’s of London. The insurance is to protect investor assets against theft, destruction, and loss.

Kingdom Trust is a qualified custodian of over 30 cryptocurrencies and holds assets valuing $12 Billion USD.

Mainstream Involvement

The announcement today has made investors sit up, as it is seldom that mainstream financial institutions have an involvement with the volatile and unregulated crypto industry; large banks rarely, if ever, handle cryptocurrency and well-renowned auditors tend to keep it ‘hush-hush’ if they ever get ...