Several insurance companies plan to launch encryption asset kidnapping insurance, covering violent threats against crypto millionaires.

On May 31, Cointelegraph reported that at least three specialist insurers are developing customized kidnap and ransom insurance (K&R) for crypto asset investors, with the first products expected to be available this fall. Recent cases of violent threats against crypto billionaires have been frequent, including an attempted kidnapping of the Noizat family, co-founder of the French trading platform Paymium, and a $730,000 robbery in Seoul, South Korea, under the guise of a cryptocurrency exchange. According to a report by private security firm Infinite Risks International, the demand for bodyguards hired by the crypto-rich has surged by 300% year-on-year since May. Rebecca Rubenfeld, COO of AnchorWatch Insurance, said at the Bitcoin 2025 conference that it will launch a crypto-exclusive customized kidnapping and ransom insurance product in the fall. Andrew Kurt, vice president of Hylant Capital, commented, "This is not a high-frequency risk, but an extremely serious event, just like the kidnapping of corporate executives, there may only be one order in ten years, but one order is a loss of tens of millions of dollars."