GSD Capital Announces $500M Insurance on Custodial Assets

June 06, 2022 5:10 AM EDT | Source: Vehement Media Private Limited

London, United Kingdom--(Newsfile Corp. - June 6, 2022) - UK based quantitative investment management firm GSD Capital announced that it has obtained an insurance policy against the loss of its client assets (USDC & USDT) secured by the Ledger Vault platform to a tune of $500 Million.

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GSD Capital + Ledger

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This latest underwriting assures GSD Capital's customer protection against malicious loss and third-party theft. This insurance policy also places the firm at the top among investment managers, with such a huge insurance cover from an external provider.

Confirming the announcement, Timothy Goldberg, Head of Trading & Investments at GSD Capital said:

"Ledger Vault offers a Software as a Solution (SaaS) cloud-based custody system. The SaaS allows us to safely manage our stablecoin holdings using a multi-authorization system. The Vault's ease of access, cold storage freedom and multiple signature tech makes it the idle custodial solution for us. Our new insurance policy therefore provides an added layer of security to the custodied assets of our growing investor base held on the ledger vault platform."

About GSD Capital

GSD Capital is a systematic quantitative investment management firm where traders, AI researchers and technologists collaborate to develop propietary trading algorithms and state-of-the-art investment software. The firm is data-driven, with machine learning and artificial intelligence piloting its trading strategies.

Having launched in 2019 as a trading collective offering investment management services to private institutional clients, GSD Capital has morphed into a full fledged investment management firm offering its services to individual investors through an innovative web platform.

For more information about GSD Capital, please visit https://gsd.capital/.

Media Contact:

Contact Name: Tom Hartley
Email: media@gsd.capital

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/126151

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