Fordefi Partners with Munich Re for Cryptocurrency Insurance

IconCryptoNewsTerminal Staff16 May, 2024

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Fordefi Partners with Munich Re for Cryptocurrency Insurance

Cryptocurrency wallet and security company Fordefi has partnered with German insurance giant Munich Re to provide loss coverage to its users. The partnership aims to protect users from financial losses resulting from cyberattacks. The exact amount of loss coverage was not disclosed. This partnership is a significant step towards increasing the security and credibility of the cryptocurrency industry. By partnering with a reputable insurance provider like Munich Re, Fordefi is demonstrating its commitment to safeguarding user funds and promoting trust in the digital asset space.