Ledger Insights

Lemonade founder member behind security token insurance from AXA XL

A week ago we wrote about New York startup Assurely offering CrowdProtector insurance for crowdfunding and security token offerings (STO) in collaboration with AXA XL. We had some questions given it’s providing coverage to investors who will get their investment returned if there’s misrepresentation from the issuer or they misuse or steal funds. So what’s the due diligence process?