Gemini’s $200M Crypto Insurance Indicates Rapidly Rising Instiutional Demand

The Gemini crypto asset exchange has just announced an increase to its custody platform’s insurance coverage. At $200 million, the Winklevoss-led trading venue now boasts the largest cold storage insurance limit of any crypto custodian on the planet.
The decision to increase its coverage shows Gemini Custody is clearly expecting demand for its services to also increase. Judging by the size of the new coverage and the platform’s reservation for accredited investors, the company antici