Gemini Obtains Digital Asset Insurance via Aon

Digital Asset Insurance Coverage Adds to Gemini’s Existing FDIC Insurance for Fiat Funds

As of Oct. 1, 2018, Gemini Trust Company, LLC (Gemini), a leading digital asset exchange and custodian, announced today that the company has secured insurance coverage for custodied digital assets through a global consortium of industry-leading insurers and arranged by Aon, a global professional services firm providing a broad range of risk, retirement and health solutions. Gemini’s digital asset insurance coverage is in addition to the already available FDIC-insured U.S. dollar deposits.

Gemini was approved for coverage after successfully demonstrating to underwriters that the company is a leading, best-in-class exchange and custodian. The digital asset insurance coverage further bolsters confidence and protection for consumers transacting on the Gemini platform.