American custodian Kingdom Trust company, focused on institutional clients and individuals, insured placed on its platform cryptocurrency assets in Lloyd’s of London. The details of the transaction were not disclosed, but the head of the Kingdom Trust Matt Jennings (Matt Jennings) announced that the company received from the largest insurance market “a significant discount”, thanks to the used technology for the storage of cryptocurrency.
According to the company, its custodian services serves more than 100 thousand customers who deposited more than $12 billion In this Kingdom Trust States that should the requirements of the securities and exchange Commission (SEC) and is qualified to manage the various investment mechanisms. The platform works with 30 scriptactive, including bitcoin, Bitcoin, Cash, Gold, Bitcoin, Ethereum, Ethereum Classic, Litecoin, Ripple, and more recently also zcash for and Stellar and Lumens plans to add support for other altcoins.
We will remind, recently it became known that investment Bank Goldman Sachs is considering launching custodially services for cryptocurrency funds.