Nexus Mutual
Bitcoin Insurance
Nexus Mutual is a decentralized, blockchain-based insurance protocol that provides smart contract cover and crypto custody cover for Bitcoin and digital assets. Members can purchase cover against exchange hacks, smart contract failures, and custodial loss. Unlike traditional insurance, Nexus Mutual is governed by its token holders who vote on claims. It has paid out millions in claims and is one of the longest-running decentralized insurance protocols in the space.
Details
- Governance
- NXM token holders
- Open Source
- Yes
- Underwriter
- Decentralized member pool (Nexus Mutual DAO)
- Coverage Limit
- Variable (pool-dependent)
- Denominated In
- ETH / DAI
- Insurance Type
- Decentralized Protocol & Custody Cover
More Bitcoin Insurance
Meanwhile
Meanwhile offers the first Bitcoin-denominated whole life insurance policies. Premiums and death benefits are both in BTC. Licensed in Bermuda. A genuinely novel financial product designed for long-term Bitcoin holders who want to protect their family in BTC terms.
Allianz Digital Assets Insurance
Allianz, one of the world's largest insurance companies with over €1 trillion in assets under management, offers digital asset insurance solutions through its commercial lines divisions. Allianz covers institutional Bitcoin holders and digital asset businesses against theft, fraud, and operational losses. As a founding member of the Digital Assets Risk & Insurance Consortium (DARIC), Allianz is helping establish global standards for cryptocurrency insurance underwriting.
Anchorage Digital Insurance
Anchorage Digital is the first federally chartered digital asset bank in the United States (OCC charter, 2021), providing Bitcoin custody with comprehensive insurance coverage. Their insurance program covers assets in both hot and cold storage against theft and cybersecurity incidents, setting a new standard for federally regulated Bitcoin custody protection.
Free Beginners Guide to Buying Bitcoin
New to Bitcoin? Get our complete beginner's guide.