Insurance giant Lloyd’s makes move into cryptocurrency realm

Lloyd’s of London has entered the cryptocurrency market, albeit with a minimum of fanfare from the organization itself. Kingdom Trust, a Kentucky-based organization, is the recipient of its milestone policy. Originally launched in 2010, Kingdom Trust is an independent qualified custodian regulated by the South Dakota Division of Banking. It currently provides custody services for over 30 different assets, including Bitcoin, Bitcoin Cash, Bitcoin Gold, Ethereum, Ethereum Classic, Litecoin, Ripple and its recent additions of ZCash and Stellar Lumens. More are planned in the near future.