
Soter Insure
Institutional-grade insurance for the Web3 ecosystem, protecting digital assets with policies in native digital currencies.
Date | Investors | Amount | Round |
---|---|---|---|
* | N/A | Series A | |
Total Funding | 000k |
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Soter Insure operates within the Web3 economy, providing institutional-grade insurance solutions tailored to the unique needs of digital asset investments. The company addresses the lack of appropriate insurance products and scarce capacity in the market by offering policies denominated in native digital currencies such as Bitcoin and Ethereum. This approach aligns with the nature of the assets being insured, offering protection against the vulnerabilities and complexities associated with digital currencies and blockchain technology. Soter's business model focuses on serving institutional investors who hold cryptocurrencies in their portfolios, providing them with stabilized token native yields while safeguarding their assets against fiat market volatility. The company is backed by reputable investors with roots in traditional finance, ensuring a deep understanding of risk management in the digital asset space. Soter Insure generates revenue through the sale of its specialized insurance products, which are designed to facilitate broader adoption of digital assets by mitigating associated risks. The company operates under a full license from the Bermuda Monetary Authority, positioning itself as a key player in the evolving landscape of digital asset insurance.
Keywords: Web3, digital assets, institutional insurance, native currencies, risk management, blockchain, cryptocurrency, token yield, Bermuda license, financial protection