Digital asset company Copper has signed a cooperation document with Aon (AON).
Aon (AON) - an international organization, specializing in insurance consultancy.
The essence of the transaction was to provide guarantees of coverage of digital assets in cold storage in the amount of $500 million. At the moment, this is one of the largest agreements in the crypto market.
Aon will enforce the terms of the contract with Canopius and insurance agent Lloyd's of London. As part of the deal, guarantees of compensation are provided in case of various situations with digital assets, for example, theft.
The Copper team noted that the virtual coin market has been growing lately and it is necessary to create high-quality security tools. The insurance agreement prevents the possibility of criminal activity in relation to cryptocurrencies and provides users with reliable security guarantees.
Earlier, it became known that new amendments were made to the accounting standards for crypto assets in the United States.
