When institutional capital enters, the first thing it often buys isn’t coins, but insurance.
Soter Insure has completed a Series B funding round led by Galaxy, with participation from SC Ventures, SBI Group, Token Bay Capital, Coinbase Ventures, Brevan Howard, Franklin Templeton, and others. The amount raised was not disclosed.
Headquartered in Abu Dhabi and licensed to operate in Bermuda, this digital asset insurer serves institutional clients exclusively. Its coverage includes Web3-native risks such as smart contract failures, on-chain staking slashing, asset theft, and directors’ and officers’ liability. Claims can also be denominated in either fiat currency or native digital assets.
The shareholder list is especially worth noting: asset management giants, traditional financial groups, and crypto-native funds are all represented. They’re betting not on yet another public blockchain, but on the foundational infrastructure of risk transfer. When major institutions start seriously asking, “Who pays if we get hacked?”, it signals that on-chain asset allocation is moving from tentative experimentation to standard practice.
Insurance contracts are often the final piece of the puzzle before an industry is truly embraced by mainstream capital.
#Web3保险 #机构采用 #Funding News
Soter Insure has completed a Series B funding round led by Galaxy, with participation from SC Ventures, SBI Group, Token Bay Capital, Coinbase Ventures, Brevan Howard, Franklin Templeton, and others. The amount raised was not disclosed.
Headquartered in Abu Dhabi and licensed to operate in Bermuda, this digital asset insurer serves institutional clients exclusively. Its coverage includes Web3-native risks such as smart contract failures, on-chain staking slashing, asset theft, and directors’ and officers’ liability. Claims can also be denominated in either fiat currency or native digital assets.
The shareholder list is especially worth noting: asset management giants, traditional financial groups, and crypto-native funds are all represented. They’re betting not on yet another public blockchain, but on the foundational infrastructure of risk transfer. When major institutions start seriously asking, “Who pays if we get hacked?”, it signals that on-chain asset allocation is moving from tentative experimentation to standard practice.
Insurance contracts are often the final piece of the puzzle before an industry is truly embraced by mainstream capital.
#Web3保险 #机构采用 #Funding News