The Gibraltar Blockchain Exchange (GBX), a token sale and crypto exchange platform launched in July 2018, announced on Monday the introduction of an insurance coverage policy in collaboration with Gibraltar-based insurance firm Callaghan Insurance, according to a press release seen by Cryptovest. Users will be able to insure their digital assets against hacking attacks, theft, and other potential events that might put their funds at risk. The insurance covers the cryptocurrencies and tokens listed on the GBX Digital Asset Exchange (GBX-DAX). The policy refers to the digital assets stored in both online and cold wallets.
Nick Cowan, CEO of GBX, which is itself a subsidiary of the Gibraltar Stock Exchange, commented:
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