Helpful Findings

• Nexo.io is headquartered at London, England, United Kingdom.
• The company was founded by Antoni Trenchev and Kosta Kantchev.
• Nexo.io assets are protected and insured under BitGo, which carries $100 million in insurance protection via a “syndicate of underwriters through Lloyd's of London.”
• Celsius Network is also headquartered at London, England, United Kingdom. The company was founded by Alex Mashinsky and S. Daniel Leon.
• More details on each company are included in the attached spreadsheet, Columns C & D.

Helpful Findings

• Crypto.com is headquartered at Hong Kong, Hong Kong Island, Hong Kong. Its founders are Kris Marszalek and Gary Or.
• Crypto.com insures its assets and has secured a "$100 million direct insurance policy led by Arch Underwriting at Lloyd's Syndicate 2012.”
• BlockFi was founded by Zac Prince and Flori Marquez, and is headquartered at Jersey City, New Jersey, United States.
• Some BlockFi partners include “NRG eSports, DeFi Alliance, Elevated Returns, and Poolin.”
• More details on each company are included in the attached spreadsheet, Columns E & F.

Helpful Findings

• Youhodler was founded by Viacheslav Taran and Ilya Volkov. Its digital assets are custodied by Ledger Vault, a provider of cutting edge “digital asset management solutions and $150 million pooled crime insurance.”
• AnchorUSD stores its assets using an AnchorCoin wallet in pooled custodial accounts operated by the Trustee, i.e., Prime Trust LLC. Customers are also advised to use strong passwords and manage their login credentials to curb unauthorized access to their AnchorUSD accounts.
• MyConstant was founded by Duy Huynh and is headquartered at Redlands, California, United States. The company insures its customer deposits, which can be invested in Flex, a secured lending pool and protected by a $130,000,000 insurance policy by Prime Trust, an accredited U.S. custodian.
• More details on each company are included in the attached spreadsheet, Columns G, H, & I, rows 2 – 10.

Helpful Findings

• Nebeus is headquartered at London, England, United Kingdom.
• The crypto savings account company was founded by Konstantin Zaripov, its current managing director and Sergey Romanovskiy, its current director & CTO.
• Nebeus does not keep customer deposits and it all goes to a “custodian with insurance and industrial-strength protections.”
• Unfortunately, the insurance covers deposits over €5,000, while those under are held with Nebeus and are uninsured.

Research Methodology

Helpful Findings

• Hodlnaut is headquartered at Singapore, Central Region, Singapore.
• It was founded by Juntao Zhu, its current CEO and Simon Lee, its current CTO.
• Hodlnaut stores crypto using Cold Wallets. Customer deposits are received onto multi-signature wallets and stored on wallets secured with BitGo.
• The platform runs on a “secure cloud infrastructure on AWS and traffic is encrypted with SSL encryption." The platform also encourages users to use two-factor authentication.

Research Methodology