Cryptocurrency volatility is spooking many speculators on the digital currency market as of late.
Bitcoin and Ethereum, the two most popular cryptocurrencies, have both fallen to their lowest level in over a year amid concerns on Bitcoin Cash and derivative trading.
generating concern from investors placing their bets on exchanges like Coinbase, Binance, BitMEX, and Kraken.
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However, investors on these exchanges may not have thought about what happens to their assets should anything happen to the custodians themselves.
Further, the uncertain regulation and insurance backing these exchanges has prevented a serious step in the maturation of the industry; institutional investment.
With the lack of insurance providers to backstop exchanges amid concerns on fraud and security lapses adding to the uncertainty brought on by the volatile investments, institutions have largely steered clear of the space.
For more information on how insurance can help the industry and its efficiency,Real Money's Kevin Curran sat down with Raymond Zenkich, President and COO of BlockRe, a company trying to fill the insurance void in the industry.