Insurance brokerage firm Marsh has launched cryptocurrency custody insurance with a capacity of up to $825 million

ChainCatcher news, insurance brokerage Marsh announced in a press release that it has launched a digital asset custody insurance product with a capacity of up to $825 million, making it the largest of its kind.

The company stated that the new insurance product will support organizations that store digital assets offline in cold storage, as well as other custody solutions such as multi-party computation (MPC), where cryptographic keys are sharded.