Short answer: Yes — USD balances via partner-bank pass-through.
Yes. USD balances on Kronos are FDIC-insured via pass-through coverage at our partner banks through Bridge.xyz, up to the standard $250,000 federal limit per depositor per partner bank. Crypto is not FDIC-insured at any provider.
Pass-through coverage activates on partner-bank failure, not on fintech failure. Bridge's arrangement with the partner banks is the legal mechanism.
Your crypto sits in a non-custodial wallet whose keys never leave your device. It is unaffected by any failure of Kronos, Bridge, or the partner banks.