Crypto Custodian Aegis Trust Offers $25M Insurance Policy for NFTs

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Crypto Custodian Aegis Trust Offers $25M Insurance Policy for NFTs
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Crypto custodian Aegis Trust is rolling out an NFT insurance policy with provider Lloyd’s of London to help institutional investors protect their tokenized assets up to $25 million. camlearnscrypto reports

, there appears to be heightened interest in keeping digital assets safe.

Serra Wei, CEO of Aegis Trust, told CoinDesk that lack of regulation and protection has led customers to lose their assets and prompted the company to roll out a custodial product targeting NFTs. Itsplatform already offers regulatory-compliant solutions for institutional storage, with its new NFT insurance policy adding a heightened layer of security.

“We are focusing on the security of the infrastructure. And that's really fundamental for institutions, which are still the majority of the value that has come into the crypto market,” Wei told CoinDesk. “Being able to put that layer on top of what we already offer to clients I think is critical.”to provide custody and staking for Evmos and Avalanche.

Over the past years, the company has continued to scale its asset custody and digitization offerings with regulation in mind. In December 2020, Aegis Trust

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