Boerse Stuttgart Digital, a cryptocurrency-focused division of the Stuttgart Stock Exchange, has announced plans to roll out a crypto staking service in the coming year.

What sets this service apart is its emphasis on security, as it will include comprehensive insurance coverage to protect users’ staked assets.

Cryptocurrency staking allows users to earn rewards or interest on their digital assets by actively participating in blockchain networks, and the inclusion of insurance is aimed at addressing concerns related to potential losses due to unforeseen events like hacks or technical failures.

Munich Re Group, a global reinsurance leader, has developed a specialized insurance product in partnership with Boerse Stuttgart Digital, to address slashing risks in blockchain networks.

Before deciding on the best staking solution, Munich Re undertook a thorough examination, according to Boerse Stuttgart. The business adds that in order to provide investors with a secure environment, Boerse Stuttgart Digital Custody, run by blocknox GmbH, will broaden its current custody serv

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Author: Christian Encila

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