# BitGo expands crypto insurance to cover over 0M

# BitGo expands crypto insurance to cover over $700M

“# BitGo expands crypto insurance to cover over $700M ” Digital asset custody firm BitGo has expanded its cold storage insurance program, raising its insurance capacity by $600 million. BitGo debuted its crypto insurance program through global insurance and reinsurance market Lloyd’s of London in 2019. This enabled BitGo clients to acquire insurance for their…

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# Early Tesla investor Baillie Gifford invests 0M in Blockchain.com

# Early Tesla investor Baillie Gifford invests $100M in Blockchain.com

“# Early Tesla investor Baillie Gifford invests $100M in Blockchain.com ” Baillie Gifford, a 110 year-old asset management firm known for its early bets on firms like Tesla, has invested $100 million in major cryptocurrency wallet service Blockchain.com. Blockchain.com co-founder and CEO Peter Smith announced Wednesday that Baillie Gifford’s contribution to its $300 million funding…

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# Institutional XRP inflows surge as AUM nearly doubles

# Institutional XRP inflows surge as AUM nearly doubles

“# Institutional XRP inflows surge as AUM nearly doubles ” Institutional investors have rallied around XRP this past week, with the assets under management, or AUM, or XRP investment products nearly doubling. According to CoinShares’ weekly digital asset fund flows report, roughly $33 million flowed into XRP products this week, pushing the sector’s AUM up…

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# Gemini exchange’s crypto custody doubled since January, reaching B

# Gemini exchange’s crypto custody doubled since January, reaching $25B

“# Gemini exchange’s crypto custody doubled since January, reaching $25B ” The Tyler and Cameron Winklevoss-owned Gemini exchange announced a major milestone on Tuesday, as total cryptocurrency held in custody surpassed $25 billion for the first time.  In charting its impressive growth, Gemini touted growing participation from institutional investors over the past year. Gemini Custody’s…

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