Betelgeuse Trade Secures Half a Billion Dollars in Digital Asset Protection
London, United Kingdom, May 21st, 2025, Chainwire
Betelgeuse Trade , a UK-based cryptocurrency exchange, has announced that its digital asset holdings are now protected under a comprehensive 500 million USD custodial insurance policy underwritten by Lloyd’s of London, one of the world’s oldest and most reputable insurance markets.
This institutional-grade coverage demonstrates Betelgeuse Trade’s ongoing commitment to the security of user funds and the resilience of its infrastructure, setting a new benchmark for trust and risk management in the digital asset industry.
The policy covers a broad range of threats, including theft (internal and external), hacking, physical damage or loss of cold storage devices, and insider collusion, subject to full policy terms and conditions.
“In a market where trust is earned through action, not words, we are proud to be among the very few exchanges globally to meet Lloyd’s of London’s rigorous underwriting criteria,” said Mao Ban, founder of Betelgeuse Trade. “This insurance gives our users and partners peace of mind that their assets are protected by one of the most respected financial institutions in the world.”
Key Coverage Highlights:
· Insured Amount : $500,000,000 USD;
· Coverage Scope: Global protection, aligned with international regulatory standards;
· Covered Risks: External hacks, internal fraud, physical loss, and other custody-related incidents;
· Security Standards: Coverage applies to assets held in ultra-secure cold storage environments using industry best practices.
As part of its transparency commitment, Betelgeuse Trade conducts monthly Proof of Reserves procedures , inviting third-party verification of its asset backing. Through this rigorous process, the exchange has consistently demonstrated that its reserves fully match user obligations, maintaining a robust 1:1 ratio across all digital assets under scope. This assurance is backed by the detailed findings published in the official reports, which are openly available to users.
This coverage is a vital layer in Betelgeuse Trade’s broader security strategy, which also includes multi-tiered user authentication, institutional-grade custody infrastructure, and intelligent risk mitigation systems powered by AI.
With this milestone, Betelgeuse Trade strengthens its position as a forward-thinking and security-first cryptocurrency exchange, offering not only intelligent trading tools powered by AI but also unmatched safeguards for the digital age.
About Betelgeuse Trade
Betelgeuse Trade is a next-generation cryptocurrency exchange founded by former engineers from Binance and Bybit. The exchange combines advanced AI-based trading systems, institutional-level security protocols, and user-friendly design. It complies with international KYC/AML standards, publishes monthly reserve audits, and educates its community through Betelgeuse Academy. With the addition of insurance by Lloyd’s of London, Betelgeuse continues to raise the bar for what users can expect from a modern digital asset exchange.
Contact: [email protected]
Website: betelgeusetrade.com
Contact
Founder
Mao Ban
Betelgeuse Trade
[email protected]
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