BitGo Increases Digital Asset Insurance to $250 Million
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Demonstration of security controls enable further protection for institutional digital asset participants.
BitGo provides the industry’s most comprehensive insurance protections for cryptocurrencies and digital assets held in their custodial wallets.
The $250 million policy covers digital assets where the private keys are held 100% by BitGo Trust Company in the event of:
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Copying and theft of private keys
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Insider theft or dishonest acts by BitGo employees or executives
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Loss of keys
“BitGo was one of the first companies to build a strong insurance program for crypto and, due to our track record and scale, we are now able to expand this program for our clients. As the leader in institutional custody, our top priority is the security and safety of our clients’ assets. We remain proactive about protecting our clients’ assets and we work directly with our underwriters to ensure that our security protocols meet the most rigorous standards.”
BitGo had already innovated the digital asset insurance marketplace in 2019 by offering a comprehensive and transparent insurance protection of up to $100M at no additional cost. Now, the protection is taken to a whole new level for BitGo custody clients.
Webinar and White Paper on Digital Asset Insurance
To help clients understand and assess insurance offerings, BitGo is offering a webinar and a white paper. The webinar, led by BitGo Trust President, Jody Mettler, will take place on September 20, 2022 at 11:00 AM PST / 2:00 PM EST. To join our upcoming webinar register here.
To learn more download the white paper on BitGo’s Digital Asset Insurance page.
About BitGo
BitGo is the leading infrastructure provider of digital asset solutions, delivering custody, wallets, staking, trading, financing, and settlement services from regulated cold storage. Since our founding in 2013, we have focused on enabling our clients to securely navigate the digital asset space. With a large global presence through multiple regulated entities, BitGo serves thousands of institutions, including many of the industry's top brands, exchanges, and platforms, as well as millions of retail investors worldwide. As the operational backbone of the digital economy, BitGo handles a significant portion of Bitcoin network transactions and is the largest independent digital asset custodian, and staking provider, in the world. For more information, visit www.bitgo.com.
©2025 BitGo Inc. (collectively with its affiliates and subsidiaries, “BitGo”). All rights reserved. BitGo Trust Company, Inc., BitGo Inc., and BitGo Prime LLC are separately operated, wholly-owned subsidiaries of BitGo Holdings, Inc., a Delaware corporation headquartered in Palo Alto, CA. No legal, tax, investment, or other advice is provided by any BitGo entity. Please consult your legal/tax/investment professional for questions about your specific circumstances. Digital asset holdings involve a high degree of risk, and can fluctuate greatly on any given day. Accordingly, your digital asset holdings may be subject to large swings in value and may even become worthless. The information provided herein is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation. BitGo is not directing this information to any person in any jurisdiction where the publication or availability of the information is prohibited, by reason of that person’s citizenship, residence or otherwise.