# Coincover

> Coincover is a UK-based digital asset protection company that helps institutions and their customers hold and recover cryptocurrency safely. Founded in 2018 in Cardiff, it pioneered the wallet disaster recovery category, offering encrypted key backup, automated recovery, fraud detection and theft protection that integrate directly into exchanges, custodians, banks and wallet providers. Coincover has protected over 22 million wallets, safeguards 600+ businesses, and works with names like BitGo, Fireblocks, Ledger, Gemini and Ripple.

- **Founded:** 2018
- **Headquarters:** Cardiff, United Kingdom
- **Founders:** David Janczewski (Co-Founder & former CEO (now board advisor)), Adam Smith (Co-Founder & CTO)
- **Team size:** Approximately 38-50 employees
- **Products:** Coincover Recover, Coincover Recover for Institutions, Stablecoin Recover, Coincover Control, Coincover Certified
- **Notable:** Created and defined the wallet disaster recovery category in 2018, Protected over 22 million wallets and 600+ businesses, Secured tens of billions of dollars in digital asset transactions

## Products & services

- **Coincover Recover** — Non-custodial wallet recovery service with secure, encrypted key backups for hot and cold storage and 24/7 human support to restore access if keys are lost.
- **Coincover Recover for Institutions** — Enterprise-grade disaster recovery integrated with custody infrastructure (e.g. Fireblocks, BitGo) so institutions can restore private keys without disrupting operations.
- **Stablecoin Recover** — Recovery and protection tailored to stablecoin issuers and holders.
- **Coincover Control** — Real-time transaction monitoring and policy controls to detect fraud and prevent unauthorized transfers.
- **Coincover Certified** — A protection standard / certification businesses can offer customers to signal that assets are safeguarded.
- **Theft & fraud protection** — On-chain threat detection, biometric authentication, and an insured risk engine that protects against theft and unauthorized access.

## Achievements

- Created and defined the wallet disaster recovery category in 2018
- Protected over 22 million wallets and 600+ businesses
- Secured tens of billions of dollars in digital asset transactions
- Raised $30M Series B led by Foundation Capital (2023), ~$41.7M total funding
- ISO 27001 / ISO 27005 certified security practices
- Built integrations across MPC, TSS, multi-sig, single-sig and seed-phrase wallets

## Latest updates

- **2025-12** — Coincover reports protecting over 22 million wallets and securing tens of billions in transactions.
- **2025** — Jeremy Verba, a Silicon Valley veteran (Walmart Video, eHarmony), appointed CEO; co-founder David Janczewski moves to a board advisor role.
- **2025** — Digital Asset integrates Coincover within its Copper-based treasury infrastructure on the Canton Network.
- **2025-02** — Cobo announces strategic MoU with Coincover and Shift Markets to bolster digital asset security.
- **2023-02** — Closed $30M Series B led by Foundation Capital to fuel growth and build trust in digital assets.

## Links

- Website: https://www.coincover.com
- LinkedIn: https://www.linkedin.com/company/coincoverglobal/
- Twitter/X: https://twitter.com/Coincoverglobal
- YouTube: https://www.youtube.com/@CoinCover3
- Bluesky: https://bsky.app/profile/coincoverglobal.bsky.social
- Facebook: https://facebook.com/coincover

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Profile page: https://yespress.io/coincover
Published by YesPress — https://yespress.io
Last updated: 2026-06-29