There’s a huge need of capacity within the insurance segment for cryptoassets, agreeing to the world’s to begin with cryptoasset insurance company.
The biggest insurance that can be done in this sector is your own wallet safety and online safety.
Cryptoasset insurer -snip - accepts there's less than 0.5% of capacity within the worldwide protections showcase to cover the esteem of cryptoassets.
Are you their agent?
Concurring to -snip- the worldwide protections industry as it were has capacity of almost US$1 billion to safeguarded cryptoassets.Can we say that limited insurance companies enough for huge crypto market?
See in this sector, we have a trust issue that is prominent. You cannot sleep soundly keeping the bitcoin that you own in another person's wallet because you know that someone might spend it and you will have no legal protection or that wallet may get targeted by hackers and coins stolen.
These things are possible in fiat? I am not so sure though. But possible in bitcoin.
That is why we have not seen any such "Insurance" company here and even if there is one, I am rather going to store my coins with myself.