Ledger has just taken out an insurance policy to protect the digital assets belonging to the customers of the Ledger Vault up to a maximum amount of $150M.
According to Ledger, this insurance policy has been developed with broker and risk advisory firm Marsh and insurance company Arch Insurance Limited.
From now on, the crypto assets belonging to the company's customers are insured against third-party theft of private keys if there is a physical breach of a hardware security module (HSM) in one of its data centers, as well as against information leaks during customer registration, which is when private keys are generated.
This policy covers all the cryptocurrencies supported by the Ledger Vault platform.
Earlier this year Ledger attracted about $75M during its last fundraising. The funds have been used to secure customer assets, including the development of the Ledger Vault platform.
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