Cryptoworld Custodial Assets Now Insured for $150M – Crypto World Capital
At Cryptoworld Capital, the safety of clients’ funds is our first priority. Recognition of this fact by the blockchain community has allowed Cryptoworld to process more than $120,000,000 in just 8 months and develop the most enhanced and seamless lending experience but also the means for clients to earn up to 10% in interest on their idle crypto assets.
Now, CryptoWorld Capital’s partners are pushing the boundaries of innovation yet again by providing the industry’s first insurance for custodial assets and CryptoWorld Capital’s clients will benefit from that.
- CryptoWorld Capital is the only crypto group investment and ‘Earn Interest’ product provider that stores client’s assets with an insured qualified custodian at no extra cost.
- The insurance policy covers losses of up to $150M and is provided by BitGo’s arrangement with Lloyd’s.
- CryptoWorld Capital deploys state-of-the-art security, including 24/7 fraud monitoring and customer support, as well as Cryptocurrency Security Standard Level 3, among other measures, to ensure the ultimate safety of clients’ funds.
Cold storage CryptoWorld Capital Wallets are provided by the leader in multi-signature encryption technology BitGo. These custodial assets are covered for up to $150,000,000.00 by the London-based insurance company Lloyd’s with its syndicate of underwriters which act under its umbrella. And this premium service comes in at no additional cost.
CryptoWorld Capital and BitGo have a long-standing partnership. As a result, BitGo provided immediate support for the CWC Tokens and has ensured safe custody to clients since day 1 of CryptoWorld Capital’s operations.