14 May 2025 – EX.IO, a Hong Kong-based Virtual Asset Trading Platform licensed by the Securities and Futures Commission (SFC), has partnered with Canopius, a leading global specialty (re)insurer, to provide Digital Asset Custody insurance.
This initiative reflects EX.IO’s growing Assets-Under-Custody, reinforcing its dedication to delivering secure, compliant, and professional trading solutions for investors.
The policy, supported by AA- rated capacity, is written by Canopius, one of the leading Lloyd’s syndicates and a market leader in Digital Asset Custody. The insurance strengthens EX.IO’s compensation arrangement with expanded protection and fully aligns with the SFC’s standards for safeguarding client assets.
The insurance policy was brokered with assistance from Paragon International Insurance Brokers and Capstone Insurance Brokers. This step reinforces EX.IO’s commitment to building trust and security for investors in the virtual asset space.
Chen Wu, CEO of EX.IO, said: “With this insurance enhancement, we have implemented stronger safeguarding for every asset our clients entrust to us, fully aligned with the SFC’s standards. It’s about giving investors the confidence to dive into virtual assets, knowing we’ve got their backs in a market that never sleeps.”
Nicholas Edwards, Head of Specie at Canopius, added: “As a fully licenced platform, EX.IO has demonstrated robust risk management processes with a focus on protecting client assets. As a market leader in this class, our Digital Asset Custody product provides an important layer of additional security. Additionally, our financial rating emphasises the strength and resilience we have to support our clients when needed.”
Dan Dibden, Co-Founder of Capstone Insurance Brokers Ltd based in Hong Kong, commented: “It has been and continues to be a pleasure to work closely with the team at EX.IO. Their dedication to safeguarding client assets as they grow is a testament to the standard they wish to set in the growing regulated digital asset custody sector.”
