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AON (NYSE:AON) TO PROVIDE INSURANCE BACKING FOR A CRYPTO CUSTODY FIRM

  • Aon to provide insurance for some users of a Swiss-based Metaco
  • Metaco is the third crypto custody firm to team up with Aon

Aon plc (NYSE:AON), the world’s second-largest insurance broker by revenues, will provide insurance coverage for Metaco, a Swiss-based company focused on the provision of cryptocurrency custody services.

Aon has been working on creating a team of insurers to provide coverage to Metaco’s clients. For instance, institutional users of Metaco’s SILO solution, hot-to-cold digital asset management technology, will receive a crime insurance product.

The US insurance firm previously agreed to provide similar insurance services for crypto custody firms Anchorage and Vo1t.