In response to a rise in violent kidnappings targeting cryptocurrency holders, insurance companies like AnchorWatch, Relm Insurance, and Hylant Capital are creating tailored kidnap and ransom (K&R) insurance products. This initiative follows a 300% increase in bodyguard hiring since May, reflecting urgent security needs in the sector. Recent incidents, including a kidnapping attempt involving a Paymium co-founder and a $730,000 robbery in Seoul, highlight these risks. At the Bitcoin 2025 conference, AnchorWatch's COO raised concerns about these threats.