Juno does not function as a bank or a depository institution insured by the FDIC. Therefore, it does not have the capacity to provide FDIC insurance on its own.
The Cash Account, facilitated by Juno's partner bank Evolve Bank & Trust, Member FDIC, offers FDIC insurance coverage for USD deposits, extending up to $250,000. For further insight into FDIC insurance, refer to:
Please be aware that only USD held in your Cash Account through Juno's partner bank, Evolve Bank & Trust, Member FDIC, is covered by FDIC insurance up to $250,000. Digital Assets held in your Juno Account are not safeguarded by FDIC insurance or any other form of government-backed or third-party insurance.