News with the tag "Nexus Mutual"

Digital-asset insurance broker Native said it arranged $25 million of blockchain-based cover against hacks for Team Rizzo, an operator of machine-learning businesses and staking validator services on Bittensor, the popular cryptocurrency-driven AI network . The London-based company acted as a broker...

Nexus Mutual is also behind a new insurance alternative on Coinbase’s L2 network called Base DeFi Pass.

The aims to broaden access to the $1 trillion reinsurance industry, making it more efficient and transparent with blockchain technology.

The crypto insurance protocol is anticipating growth stemming from a recent partnership.

OpenCover, which raised $4 million in a seed round led by the likes of NFX and Jump Crypto, received a $200,000 funding bump from Coinbase to bolster its debut on Base.

A partnership with InShare sees Nexus adding some of its $274 million on-chain capacity to the retail mutual insurer comprising over 5,000 shopkeepers and small retail businesses.