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Oct 24, 2022 14:54
Henbbo Foundation insured its assets for a total of $120 million.
The management and the entire team of Henbbo cryptocurrency foundation continues to strengthen its position in the market. The next step was the conclusion of an agreement with one of the largest international insurance companies of all the assets of the fund. The amount is $120 million.
Insured events, according to the terms of the contract, are:
• Deprivation of Henbbo's property rights
• War, civil strife in the country, where the investment was made
• Unforeseen actions on the part of the state, not described in the current legislation
• Bankruptcy of the company
• Bankruptcy of companies, in which Henbbo had previously invested
The objects of insurance, according to the contract, are the property, financial assets of the Henbbo fund and its investors, associated with possible losses (loss of investment, profit, additional costs, etc.) in the financial and investment operations.
On the one hand, the conclusion of such an insurance contract gives Henbbo an opportunity to significantly reduce the risks associated with the volatility of cryptocurrency markets. In addition, the availability of insurance guarantees has already allowed to invest $14 million more in projects with high yield, which will increase the fund's income by 17.5% by the end of the year.
For private investors, the availability of insurance guarantees also allows them to completely eliminate the risks of their own investments. Investors have already reacted to this news, increasing the total volume of investments by more than $4.7 million in a few days.
Henbbo - smart investment will change your life!
