Crypto insurance market expands with decentralized and centralized options
Cointelegraph
Published Sep 20, 2022 10:04AM ET
Updated Sep 20, 2022 03:40PM ET
Insurance is key for financially securing important assets. Yet, the cryptocurrency sector — which is predicted to reach a global market size of $4.94 billion by 2030 — may be lagging behind when it comes to insuring digital assets.
For instance, it’s been noted that less than 1% of all crypto investments are currently insured. This statistic is alarming, considering the rapid growth and high-risk profile associated with today’s cryptocurrency market.
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Written By: Cointelegraph
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