Blockchain Deposit Insurance Corporation (BDIC) (BDIC Insurance / BDIC HK LTD), a leading provider of crypto insurance solutions for digital asset custodians, exchanges, and enterprise self-custody wallet platforms, has integrated with Fireblocks, the enterprise platform that secures more than $14 trillion in digital asset transactions.
This alliance pairs BDIC Insurance’s cryptocurrency coverage solutions with Fireblocks’ proven infrastructure, an industry standard for banks, fintechs, payment processors, and institutions running digital asset custody.
Custody is the top-line reason, but the deeper value is in the signing model. Fireblocks splits cryptographic control across separate enclaves, so internal teams, service providers, and smart contracts can all participate in a transaction without any single party ever holding a complete key.
“By recognizing Fireblocks’ patented MPC approach, BDIC Insurance can better quantify and mitigate cryptographic key compromise risk.” Allen Sautter, CIO & CISO of BDIC
The practical result is more precise underwriting, tailored policy terms, and faster coverage issuance for institutional partners, along with policy terms that reflect the reduced technical risk profile of Fireblocks-enabled operations.
BDIC believes that improving trust among institutional clients, retail users, counterparties, and regulators is of utmost importance as the industry welcomes the missing layer of insurance to crypto adoption.
BDIC & Fireblocks Integration
Posted in BDIC Insurance, Partners.