Crypto exchange Bittrex secures $300 million in asset insurance

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– Sarah Downey, co-leader of Marsh’s Digital Asset Risk Transfer (DART) team

Bittrex was approved for the coverage after successfully demonstrating the exchange’s extensive internal security and compliance protocols. Underwriters were further impressed upon learning that a growing number of cryptocurrency exchanges around the world are built upon Bittrex technology.

“Bittrex focuses on doing the right thing by our customers with security at the top of our mind. This insurance coverage provides another layer of peace of mind. From our institutional customers to hobbyists, we are committed to prioritizing security throughout all of our decisions and forward-looking blockchain technologies”

– Bill Shihara, CEO, Bittrex

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