Fordefi Partners with Munich Re for Cryptocurrency Insurance
CryptoNewsTerminal Staff16 May, 2024
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.