Gemini Exchange has launched Nakamoto Ltd., a captive insurance firm that will provide $200 million in coverage for Gemini’s custody arm
Source: https://cointelegraph.com/news/gemini-launches-firm-to-insure-its-own-crypto-custody-branch-for-200m
Gemini Launches Firm to Insure Its Own Crypto Custody Branch for $200M
January 16, 2020
CoinTelegraph