Tell As About CoinCover
CoinCover secures and protects digital assets for institutions and their customers. We were established in 2018 and were the first to offer wallet disaster recovery services. Since then, we’ve worked with crypto platforms, traditional finance firms, asset managers, government agencies and infrastructure providers to keep the whole spectrum of crypto users secure.
What Do You Think Makes This Company Unique?
One of the things that makes CoinCover unique is our focus on the human side of crypto. We’ve always believed that trust is one of the pillars of crypto adoption, particularly for retail investors, and that trust relies on people having confidence in the security of their activity. We believe that security is integral to the user experience, and we’re proud of the work we’ve done, and continue to do, with our customers to evolve the experience of crypto users.
What Is Your Advice To Aspiring Entrepreneurs?
People have a limitless range of reasons for founding companies, but underpinning them all tends to be the core ‘idea’. I’m not a founder myself, but you don’t have to spend long in the startup universe to understand how even the greatest ideas, the ones most deserving of success, can go south. So my advice to aspiring entrepreneurs is to remember that the idea alone won’t build scale. As unexciting as it seems, it’s sound financial management that creates the framework for the idea to succeed. Other than that: execute, test, iterate and network, network, network. Don’t ever hesitate to ask for help. In the digital assets world in particular, the community is here to help others succeed. A good idea is good for us all.
What Excites You Most About CoinCover?
What excites me is that here at CoinCover, we’re genuinely doing something meaningful. We’re making sure the industry stays protected, and we’re solving an actual fundamental problem.
Our products also help our customers stay compliant with evolving regulations. The growth in regulatory clarity is so key to the growth of the industry itself, and it’s exciting to play a positive role in helping firms stay compliant.
How Has the Company Evolved Over the Last Couple of Years?
Crypto evolves at pace, never standing still. By design, we’ve evolved with it. Security requirements, new environments, user expectations, even the sophistication of fraudsters – as these change, we make sure that our products continue to secure and protect our customers through their own evolving journeys.
What Can We Hope To See from CoinCover in the Future?
We havea huge amount on the radar. I can’t reveal any details just yet, but I can say for sure that you’ll be seeing a lot more of CoinCover in the future!
