Bitcoin Investors to See Customized Kidnap & Ransom Insurance Products Launching This Fall

On May 31st, COINOTAG reported an emerging trend in the cryptocurrency sector, as at least three insurance providers are actively developing tailored Kidnap & Ransom (K&R) insurance policies specifically for crypto investors. The launch of these specialized products is anticipated this coming fall. The increasing volatility and high stakes associated with cryptocurrency investments have led to alarming incidents, including a reported attempted kidnapping of the Noizat family, co-founders of the French cryptocurrency exchange Paymium. Recent data highlights a disturbing surge in threats, with one incident in Seoul resulting in a $730,000 robbery masquerading as a legitimate crypto transaction. Notably, the security firm Infinite Risks International indicated a 300% rise in demand for personal security among cryptocurrency investors since May. At the Bitcoin 2025 Conference, Rebecca Rubenfeld, COO of AnchorWatch Insurance, reinforced the viability of customized K&R insurance, while Andrew Kurt from Hylant Capital emphasized the potential for catastrophic financial loss, despite these kidnappings being statistically rare.