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Digital Asset Custodian Insurance Launch
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Marsh, a Marsh McLennan subsidiary, unveils a $825 million insurance facility for digital asset custodians to mitigate risks such as natural disasters and theft. Offline storage and Multi-Party Computation methods are supported to safeguard assets. Jacqueline Quintal highlights the need for operational risk protection in the expanding digital asset management sector.
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How could the growth of the digital asset management sector influence global financial markets?
How might this insurance facility impact the competitiveness of digital asset custodians?
What other innovative solutions could be developed to enhance digital asset security?
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