Blockchain Deposit Insurance Corporation

What Blockchain Deposit Insurance Corporation does

Blockchain Deposit Insurance Corporation (BDIC), founded in 2024 and headquartered in Hong Kong, is the operator of what it describes as the world's first decentralized deposit insurance protocol for cryptocurrency assets, providing FDIC-style coverage for retail and institutional digital-asset holders. The company offers a dual-tier retail product covering $0-$10,000 (Standard) and $10,000-$20,000 (Preferred) wallet balances, with claims processed automatically through smart contracts upon approval. In August 2025, BDIC launched StableCover Pro, an institutional-grade insurance product for SEC-compliant stablecoins with coverage up to $500M per policy (reserve failure, redemption guarantees, regulatory and custody risks), alongside AgentCoverPro for AI agent payment systems and a BDIC RWA Consulting advisory division for real-world asset tokenization. BDIC operates as a Lloyd's of London coverholder and underwrites through that framework.

The underlying platform combines a proprietary algorithmic risk assessment engine (machine learning predictive analytics, real-time blockchain transaction monitoring, multi-dimensional risk scoring, dynamic risk adjustment) with smart contract-based automated claims settlement and a 72-hour target processing time. BDIC does not hold custody — assets remain in user-controlled wallets at all times. A BDIC Coin utility token (1.6 billion total supply, with 33% / 528M pledged as locked reserve collateral) is planned for a Q2 2026 token sale to fund protocol development, insurance reserves, security audits, and operations. The company maintains operational offices in Hong Kong, Bermuda, Zug (Switzerland), and Melbourne (Australia), with stated go-to-market across PanAsia, LATAM, Europe, Africa, and Oceania.

BDIC's revenue model is multi-stream: subscription-based retail premiums tiered by wallet balance, usage-based institutional premiums (0.25%-0.65% annual for stablecoin coverage), professional services revenue from BDIC RWA Consulting, 10% revenue-sharing with affiliate platforms/DEX exchanges, and utility-token proceeds from the planned BDIC Coin sale. Distribution combines a self-serve web/app for retail, direct enterprise field sales for StableCover Pro, and channel partnerships with BDIC-approved exchanges (Binance, Kraken, OKX, KuCoin, ByBit, Crypto.com, Huobi, Bitstamp, BitMEX, WhiteBit, MEXC, Bitget). BDIC is privately held, founder-led (CEO Jeffrey A. Glusman, ex-Merrill Lynch; Co-Founders Paul Kohli and E.J. Rivera), and has not disclosed revenue, funding rounds, or external institutional investors in the source material.

Name

Blockchain Deposit Insurance Corporation

Legal name

BDIC Blockchain Deposit Insurance Corporation

Website

https://bdicinsurance.com

Company type

Private

Founded year

2024

Operating status

Operating

Headcount range

11–50 employees

Short description

Blockchain Deposit Insurance Corporation (BDIC) provides FDIC-style deposit insurance for cryptocurrency wallets and institutional stablecoin holdings, operating as a Lloyd's of London coverholder. It serves retail crypto holders, institutional stablecoin treasuries, AI agent operators, and RWA tokenization projects through subscription and usage-based premium models backed by smart contract-based claims processing.

Ownership category

akta.pro rank

Product category

Crypto Deposit Insurance

NAICS

Direct Insurance (except Life, Health, and Medical) Carriers (52412), Agencies, Brokerages, and Other Insurance Related Activities (5242)

SIC

Insurance Carriers, Nec (6399), Insurance Agents, Brokers & Service (6411)

akta.pro primary industry

Decentralized Insurance / Coverage Protocols (FSADAMAI)

Keywords

• Crypto deposit insurance
• Stablecoin insurance
• Digital asset insurance
• Blockchain insurance protocol
• Smart contract claims

Headquarters

HQ city

Hong Kong

HQ country

Hong Kong SAR China

HQ region

Asia

Offices4 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Technology or R&D, Personnel, Marketing or Sales, Operations, Infrastructure

Revenue model

1. Insurance Premium Revenue: BDIC earns premium revenue from subscription-based insurance plans for retail crypto holders and higher-premium institutional policies. Retail subscription is tiered based on average dollar balance in cryptocurrency wallets. Institutional products (StableCover Pro, AgentCoverPro) command significantly higher premiums with per-policy coverage up to $500M.
2. BDIC Coin Utility Token: BDIC Coin is a utility token with 1.6 billion total supply used to pay insurance premiums and protocol fees, stake to participate in protocol risk-management functions, vote on on-chain governance proposals, and settle approved insurance claims. Token sale planned for Q2 2026. Net proceeds fund protocol development, Insurance Reserve funding, security audits, and operational deployment.
3. Institutional Consulting Services (BDIC RWA Consulting): Advisory services for real-world asset (RWA) tokenization projects including insurance framework design, risk-scoring methodologies, and protocol-compliance guidance, led by veteran finance executive James McCarthy.
4. Platform Revenue Sharing: Revenue sharing arrangement with affiliate platform partners and DEX exchanges: 10% of premiums go to the platform exchange, 90% to the BDIC fund for reinvestment strategy in digital asset currencies, platforms, and security infrastructure.

Pricing tiers

Go-to-market motion3 records

Distribution channels5 records

Marketing channels8 records

Core offering

BDIC provides FDIC-style deposit insurance for cryptocurrency assets. Retail holders subscribe to a dual-tier wallet insurance plan covering $0–$20,000 (Standard and Preferred tiers) with automated smart contract-based claims settlement. The company also underwrites institutional-grade insurance for SEC-compliant stablecoin treasuries (StableCover Pro, up to $500M per policy) and AI agent payment systems (AgentCoverPro), all underwritten through its Lloyd's of London coverholder framework and assessed by a proprietary algorithmic risk engine.

Product overview

BDIC offers a platform of cryptocurrency deposit insurance products anchored by its dual-tier Standard Crypto Deposit Insurance covering $0-$20,000 across Standard and Preferred tiers. The portfolio includes StableCover Pro for institutional stablecoin treasury protection and AgentCoverPro for AI agent payment systems. The BDIC Coin utility token (1.6B supply) powers the ecosystem, enabling premium payments, governance voting, staking rewards, and automated claim settlements via smart contracts. BDIC RWA Consulting provides advisory services for real-world asset tokenization. All offerings are underwritten through Lloyd's of London as a coverholder, with proprietary algorithmic risk assessment integrating machine learning and real-time blockchain analytics.

Differentiator

Problem solved

Functional benefit

Brands

• StableCover Pro: Institutional-grade insurance product designed for SEC-compliant stablecoins, covering reserve failures, redemption guarantees, regulatory compliance risks, custody and technical risks, market disruption, and cross-chain exposures for hedge funds, DAOs, corporate treasuries, and family offices.
• AgentCoverPro
• BDIC RWA Consulting

Products and services

• Standard Crypto Deposit Insurance Dual-tier retail deposit insurance product covering $0–$10,000 (Standard tier) and $10,000–$20,000 (Preferred tier) for cryptocurrency held in BDIC-approved hardware wallets and exchanges, with claims processed automatically via smart contracts.
• StableCover Pro Institutional-grade insurance for SEC-compliant stablecoins held as treasury assets, providing up to $500M per policy in coverage against reserve failure, redemption delays, regulatory compliance risks, custody and technical risks, market disruption, and cross-chain exposures.
• AgentCoverPro Insurance product covering transaction failures, unauthorized executions, and protocol-level errors in AI agent payment systems and autonomous transaction infrastructure used by DAOs, DeFi protocols and enterprises.
• BDIC RWA Consulting Advisory services for real-world asset (RWA) tokenization projects, including insurance framework design, risk-scoring methodologies, and protocol-compliance guidance for enterprises and governments tokenizing real-world assets.
• BDIC Coin Utility token with 1.6 billion total supply used to pay insurance premiums and protocol fees, stake for protocol risk-management functions, vote on on-chain governance proposals, and settle approved insurance claims via smart contract.

Quantifiable outcome

• Less than 2% of global crypto assets are currently insured — BDIC's total addressable market represents over 98% of the crypto asset ecosystem.
• +3 more outcomes

Segments4 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

AI capability2 records

Feature5 records

Partnerships

Four partnerships are on record, tiered core and minor.

• FireblockscoreTechnology or Integration · 30 July 2026BDIC Insurance announced a partnership with Fireblocks to integrate Fireblocks' Multi-Party Computation (MPC) custody infrastructure and operational controls into BDIC's underwriting and risk assessment framework. The collaboration enables BDIC to better evaluate, insure, and support institutional clients including wallets, exchanges, and enterprise self-custody platforms by incorporating Fireblocks' security architecture into BDIC's coverage workflows. Fireblocks provides the underlying security infrastructure that enhances BDIC's ability to underwrite complex digital asset risks.
• Lloyd's of LondoncoreStrategic or Co-development PartnerBDIC operates as a Lloyd's of London coverholder, a critical designation that grants specialized authority to assess and underwrite complex risks in the cryptocurrency insurance sector. The Lloyd's syndicate structure allows multiple insurance entities to collaborate and provide comprehensive coverage for high-risk and innovative market segments. CEO Jeffrey Glusman stated that obtaining coverholder status represents a pivotal step in establishing a structured, reliable insurance framework for this emerging market.
• 3Point0 LabsminorGTM or Marketing PartnerBDIC appointed 3Point0 Labs as its official Agency of Record, marking a strategic alliance aimed at amplifying global brand presence. The partnership focuses on media outreach, PR campaigns, and brand positioning across target demographics.
• BDIC Pledge Initiative PartnersminorStrategic or Co-development PartnerCryptocurrency projects contributing 1% of their total token supply to the BDIC Foundation Pledge Initiative gain recognition in the BDIC ecosystem, participate in community governance initiatives, and contribute to a community-driven insurance framework. This collaborative approach transforms individual project vulnerabilities into a collective defense mechanism network.

Scale indicators10 records

Recent moves7 records

Expansion highlights7 records

Others

• Fireblocks: Fireblocks is a digital-asset custody, settlement, and operations platform using MPC technology, serving institutional crypto exchanges, hedge funds, and corporate treasuries. While BDIC integrates Fireblocks as a partner, Fireblocks' broader institutional risk-management offerings intersect competitively with BDIC's StableCover Pro target market.

Emerging players

• Anchorage Digital: Anchorage Digital is a federally chartered crypto bank offering institutional custody, trading, and staking with insurance against certain asset-loss events. It overlaps with BDIC as an institutional digital-asset protection provider competing for corporate treasury and institutional stablecoin coverage customers.

Direct peers

• InsurAce: InsurAce is a DeFi insurance protocol providing coverage for smart contract exploits, stablecoin depegs, and exchange custodial risks via a multi-chain architecture. It directly competes with BDIC in the decentralized crypto insurance category across similar product lines.
• Coincover: Coincover provides cryptocurrency protection against theft, lost access, and fraud for retail users and institutions, including wallet and exchange recovery services. It is a direct competitor to BDIC's Standard and Preferred retail deposit insurance tiers in the crypto-asset protection category.
• Unslashed Finance: Unslashed Finance is a decentralized insurance protocol offering coverage for smart contract failures, exchange risks, and stablecoin depegs via risk underwriting by institutional underwriters. It is a direct DeFi insurance peer to BDIC's coverage products.
• Etherisc: Etherisc is a decentralized insurance protocol building blockchain-based insurance products, including flight delay and crop insurance, with an architecture extensible to crypto-asset coverage. It overlaps with BDIC as a DeFi-native insurance peer pursuing similar decentralized risk-pooling mechanics.
• Nexus Mutual: Nexus Mutual is a decentralized insurance protocol offering cover for smart contract failures, exchange hacks, and stablecoin depeg events via a member-owned risk pool. It is the most direct DeFi-native peer to BDIC's decentralized crypto deposit insurance model, targeting overlapping customer segments.

Broad incumbents

• Marsh (Digital Asset Insurance): Marsh is a leading global insurance broker with a dedicated digital-asset risk practice arranging crypto custody, exchange, and stablecoin insurance placements. It competes broadly with BDIC's institutional StableCover Pro for treasury and corporate stablecoin coverage demand.
• Lloyd's of London: Lloyd's of London is the world's specialist insurance market underwriting complex and emerging risks through syndicates. While BDIC operates as a Lloyd's coverholder (partnership), Lloyd's broader crypto insurance syndicates compete for the same institutional stablecoin and digital-asset coverage demand.
• Aon (Crypto Insurance Practice): Aon is a global insurance broker with a dedicated crypto-asset insurance practice placing coverage for institutional digital-asset custodians, exchanges, and stablecoin issuers. It overlaps with BDIC's institutional StableCover Pro product as a broad incumbent serving similar institutional clients.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/bdicinsurance
• LinkedInlinkedin.com/company/blockchain-deposit-insurance-corporation
• Instagraminstagram.com/bdicinsurance
• Facebookfacebook.com/profile.php

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Blockchain Deposit Insurance Corporation