Soter Insure, an Abu Dhabi, UAE-based supplier of specialised insurance coverage merchandise tailor-made to the digital asset financial system, closed its Sequence A funding spherical.
The spherical was led by Galaxy, with participation from Brevan Howard Digital, Karatage, Token Bay, Pharsalus and others.
The funding will help the corporate’s enlargement, bolstering its underwriting and expertise groups to scale operations throughout key markets.
Headquartered in Abu Dhabi and working out of Bermuda, with workplaces in London, New York and Dubai, Soter Insure was incubated by Additional Ventures and WebN Group. The corporate provides specialised digital asset insurance coverage merchandise for monetary establishments, together with Asset Loss, Administrators & Officers (D&O), and Sensible Contract Failure protection, uniquely denominated in each fiat and native digital property.
It’s led by Henson Orser, Founder and CEO.
FinSMEs
13/02/2025
