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As Wall Street traders expand their investment portfolios with cryptocurrencies, there is a growing need for digital asset protection and financial loss prevention through crypto-related risk coverage.

The crypto insurance market reached roughly $1.94 billion in 2024 and is projected to reach $3.11 billion in 2025, according to The Business research Company, with growth attributed to increased fraud prevention, streamlined claims processing, improved data security, enhanced transparency and trust, regulatory compliance, cost reduction and increased customer satisfaction.

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Joe Toppe

Joe Toppe serves as managing editor of PropertyCasualty360.com. Joe is also a father of three, an author, and longtime lover of baseball.