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CoinCover
CoinCover is a crypto security company that protects digital assets for institutions and individuals. They offer services like wallet disaster recovery and protection against crypto fraud, ensuring users can maintain control of their assets. Their technology is backed by a guarantee to compensate customers if a protected transaction turns out to be malicious.
Cardiff, GBR
Description
Founded in 2018 by David Janczewski and Adam Smith, CoinCover is a digital asset security company dedicated to making on-chain activity safer for institutions and their customers. The company provides a suite of products, including 'CoinCover Recover' and 'CoinCover Protect', which offer solutions for wallet disaster recovery and protection against on-chain fraud like ransomware and social engineering. Their core technology is a secure, non-custodial platform for storing private keys and data using a double-encryption system, backed by an insured risk engine that guarantees compensation for malicious transactions. CoinCover serves over 550 businesses, including exchanges and financial institutions, protecting 22 million wallets, and partners with industry leaders like Fireblocks, BitGo, and Ledger to provide robust security solutions.Grant Funding
VC Funding
None
2021
2023
$0
$39M