Is synapse FDIC insured?

Excuse me, I'm a bit confused about the safety measures surrounding the cryptocurrency world. Could you please clarify for me if Synapse, being a platform in this space, offers FDIC insurance? I understand that traditional banking institutions are insured by the FDIC, but I'm not sure if the same applies to cryptocurrency exchanges and wallets like Synapse. It would be great if you could shed some light on this matter. Thank you in advance.