HAMILTON, Bermuda — June 29, 2026
Executive Summary
Bluprynt and Chainproof have introduced Verified D&O, a directors and officers insurance framework developed for the digital asset economy. The initiative incorporates continuously verifiable issuer identity and collateral evidence into underwriting, creating an additional source of risk assessment for eligible digital asset issuers. Organizations completing Bluprynt’s verification credentials may qualify for independent Verified D&O underwriting through Chainproof, supporting a more transparent and evidence-driven underwriting process.
Announcement Overview
Verified D&O combines Bluprynt’s Know Your Issuer (KYI) and Proof of Collateral (PoC) verification technologies with Chainproof’s underwriting process to establish a new insurance framework for digital assets. Rather than relying solely on conventional documentation and periodic reviews, the framework introduces continuously verifiable information that can assist underwriting decisions. The initial rollout begins with a pilot under the Bermuda Monetary Authority (BMA) jurisdiction and focuses on qualifying real-world asset issuers before expanding to institutions that hold or accept eligible digital assets.
Key Announcement Details
- Announcement Type: Strategic Partnership and Directors & Officers (D&O) Insurance Framework Launch
- Framework Name: Verified D&O
- Announcing Organizations: Bluprynt and Chainproof
- Announcement Date: June 29, 2026
- Primary Purpose: Introduce a Directors & Officers insurance framework tailored for the digital asset economy
- Core Underwriting Signals: Know Your Issuer (KYI) and Proof of Collateral (PoC)
- Verification Method: Continuously verifiable, machine-verifiable, on-chain credential evidence
- Underwriting Provider: Independent underwriting through Chainproof
- Eligibility: Institutions whose digital assets carry Bluprynt’s KYI and PoC credentials
- Target Market: Digital asset issuers, financial institutions, token custodians, exchanges, and organizations accepting digital assets
- Initial Launch: Pilot program under Bermuda Monetary Authority (BMA) jurisdiction
- Initial Pilot Focus: Non-custodial, smart-contract-native real-world-asset (RWA) issuers and institutions holding or accepting their tokens
- Primary Benefits: Streamlined underwriting, issuer identity verification, collateral verification, improved transparency, and enhanced underwriting evidence
- Technology Integration: Bluprynt’s issuer and collateral verification integrated into Chainproof’s underwriting workflow
- Credential Process: Verification results are sealed on-chain as tamper-proof, independently verifiable evidence before underwriting
- Strategic Objective: Expand underwriting with continuously verifiable issuer identity and collateral evidence for digital assets
Verified D&O Introduced for the Digital Asset Economy
Bluprynt and Chainproof announced the launch of Verified D&O, an insurance framework designed specifically for organizations operating within the digital asset sector.
According to the companies, the framework is intended to strengthen underwriting by incorporating continuously verifiable information relating to both issuer identity and asset collateralization.
The initiative is based on the principle that decision-makers responsible for issuing, holding or accepting digital assets assume governance and oversight responsibilities, and that stronger evidence supporting those decisions can contribute to a more informed underwriting process.
Key objectives include:
- Introducing continuously verifiable underwriting signals
- Supporting evidence-based insurance assessments
- Recognizing issuer transparency
- Providing a streamlined underwriting pathway for qualifying institutions
- Extending insurance solutions designed for digital asset markets
Why the Framework Was Developed
The companies stated that directors and officers involved in digital asset activities frequently make decisions involving:
- Token issuance
- Custody of digital assets
- Exchange listings
- Acceptance of digital assets as collateral
According to the announcement, evaluating those decisions has traditionally depended on information gathered through:
- Static documentation
- Periodic audits
- Self-reported disclosures
Bluprynt and Chainproof stated that these methods may not always provide continuously updated evidence regarding issuer identity or collateral backing.
The companies noted that recent developments across digital asset markets have demonstrated the importance of reliable information concerning issuer identity, collateral arrangements and token supply when assessing organizational risk.
Verified D&O has been introduced to incorporate continuously verifiable evidence into that underwriting workflow.
How Verified D&O Works
The collaboration integrates Bluprynt’s verification technologies directly into Chainproof’s underwriting process.
The framework combines two principal verification credentials:
Know Your Issuer (KYI)
According to Bluprynt, Know Your Issuer verifies information relating to the organization behind a digital asset.
The credential is intended to establish:
- Legal entity identity
- Jurisdiction of registration
- Ownership structure
- Control structure
- Directors and officers covered by applicable insurance
Proof of Collateral (PoC)
Proof of Collateral focuses on verifying the assets supporting a token.
According to the announcement, the credential is designed to verify:
- Underlying collateral
- Supporting contracts
- Vault infrastructure
- Bridge arrangements
- Custody accounts
- Collateral consistency at a defined point in time
The companies stated that this process provides independently verifiable evidence supporting collateral claims associated with eligible digital assets.
Underwriting Workflow
The announcement outlines a structured verification and underwriting process.
According to the companies, the workflow includes:
- Completion of Know Your Issuer verification
- Completion of Proof of Collateral verification
- Creation of tamper-resistant on-chain evidence
- Independent sharing of verified credentials with Chainproof
- Assessment for Verified D&O underwriting eligibility
The companies stated that the resulting information is intended to simplify underwriting by providing evidence that can be independently verified throughout the evaluation process.
Pilot Availability
Verified D&O will initially be introduced through a pilot operating under the Bermuda Monetary Authority (BMA) jurisdiction.
According to the announcement, the first phase focuses on:
- Non-custodial issuers
- Smart contract-native real-world asset issuers
- Institutions that hold qualifying digital assets
- Institutions that accept qualifying digital assets
The companies stated that the identity of the initial launch participant will be announced separately.
Bluprynt also noted that it is participating in embedded supervision initiatives in Bermuda alongside the Bermuda Monetary Authority and additional digital asset infrastructure organizations.
Leadership Commentary
Christopher J. Brummer, Chief Executive Officer, Bluprynt, said:
“For too long, the corporate leaders who stood behind a well-governed, collateralized token have been underwritten in the same way, and at the same cost, as those who stood behind something far riskier, and at times nothing at all.”
He added:
“Verified D&O changes that.”
Brummer further stated:
“By verifying issuer identity and collateral, we’re giving issuers and underwriters something they’ve never had: a way to reward good decisions and sound governance.”
He concluded:
“Transparency should lower your cost of doing business — not just your regulatory risk. That’s the principle Bluprynt was built on, and Verified D&O is the first market to price it.”
Chainproof’s Perspective
Don Ho, Chief Executive Officer, Chainproof, said:
“At Chainproof, we want to bring D&O insurance to the world.”
He further stated:
“By teaming up with Bluprynt, we are able to streamline the underwriting process making it transparent for all participants.”
Ho also said:
“We believe the best institutions want to focus on delivering value to their customers; by pioneering a new way to prove once, share everywhere, compliance can move at the speed of business.”
Strategic Focus
According to the companies, the collaboration seeks to combine verification technology with underwriting processes to introduce a more evidence-driven approach to directors and officers insurance for digital asset institutions.
The framework is intended to:
- Promote issuer transparency
- Improve underwriting efficiency
- Support governance verification
- Incorporate machine-verifiable evidence
- Expand insurance solutions designed for digital asset markets
The companies stated that the approach aligns insurance evaluation more closely with continuously verifiable information generated through blockchain-based verification technologies.
About Bluprynt
Bluprynt develops verification infrastructure for digital assets by transforming regulatory obligations into machine-verifiable, on-chain evidence. The company works with issuers, financial institutions, central banks and blockchain protocols to support legal engineering, digital asset verification, interoperability and transaction-level compliance across blockchain ecosystems.
About Chainproof
Chainproof provides insurance solutions designed for organizations participating in digital asset markets. Incubated by Quantstamp, the company follows a security-focused approach to insurance and offers products including directors and officers insurance, deposit insurance, smart contract insurance and slashing insurance. According to the announcement, Chainproof is licensed and regulated by the Bermuda Monetary Authority and is backed by Sompo.
Media Contact
For additional information, visit bluprynt.com.
Source Attribution
Source: Company announcement
