United Kingdom based quantitative investment management firm GSD Capital has just announced an increase in the insurance policy against the loss of its clients’ assets (USDC and USDT) insured on the Ledger Vault platform through the insurance underwriter, arc insurance (a union of Lloyd’s of London).
The policy insures GSD Capital digital assets up $2 billion in the case of:
– Third-party theft of master seed and private keys following a physical breach of a hardware security module in a secure data center
– Malicious loss
– Theft of the general ledger clerk caused by collusion
Timothy GoldbergHead of Trade and Investments in GSD Capitalsaid: “We view insurance as a crucial part of our overall risk management framework and saw the need to increase our overall insurance coverage to meet our growing customer base and the increase in assets under management that comes with it. As a relatively new class of assets”, protecting digital currencies has become a complex challenge for both institutions and insurers. Through our efforts with Ledger Vault and Arch to curate this comprehensive crime insurance policy, we are playing a critical role in the modern investment management industry.”
About GSD Capital
GSD Capital is a systematic quantitative investment management company where traders, artificial intelligence researchers and technologists collaborate to develop proprietary trading algorithms and state-of-the-art investment software. The company is data-driven, with machine learning and artificial intelligence driving its business strategies. Having launched in 2019 as a trading collective offering investment management services to private institutional clients, GSD Capital has transformed into a full-fledged investment management company, offering its services to individual investors through an innovative web platform.
For more information on GSD Capitalvisit https://gsd.capital/.
Company Name: GSD Capital
Contact person: tom harleyEmail: Send an e-mail