[New Fundraising] Soter Insure Adds SC Ventures and SBI Group to Galaxy-Led Series B, with Follow-On from Token Bay Capital
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AT A GLANCE
Soter Insure stated that its Galaxy-led Series B added SC Ventures and SBI Group，Token Bay Capital as follow-on investors.
Article
[New Fundraising] Soter Insure Adds SC Ventures and SBI Group to Galaxy-Led Series B, with Follow-On from Token Bay Capital
Soter is a digital asset insurance provider for institutional clients, focused on the Web3 ecosystem. Its products include Directors & Officers (D&O) liability, asset loss, and staking slashing insurance. The core mechanism is that policies are denominated and settled in native digital assets (e.g., BTC, ETH), eliminating the asset-liability mismatch risk of fiat-denominated coverage and keeping payouts aligned with the value of the assets users hold.
SC Ventures and SBI Group joined the financing round.
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Token Bay Capital continued to participate.
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Soter is a digital asset insurance provider for institutional clients, focused on the Web3 ecosystem.
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Its products include directors and officers liability insurance, asset loss insurance, and staking slashing insurance.
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Policies are denominated and settled in native digital assets, such as BTC and ETH。
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
Soter provides digital asset insurance to institutional clients, covering risks such as management liability, asset losses, and staking slashing. Its policies are denominated and settled in native digital assets such as BTC、ETH rather than fiat currency.
Why it matters to readers
SC Ventures、SBI Group and Token Bay Capital participation indicates that the project has attracted greater attention from institutional investors; however, the evidence does not disclose the financing amount, valuation, or closing details.
This is a project that provides insurance for digital asset institutions. Its core feature is underwriting and paying claims in digital assets, helping keep insured amounts aligned with the assets held by users.
Risks and unknowns
The evidence does not disclose the financing amount.
The evidence does not disclose the valuation.
The evidence does not disclose whether the financing has been completed or the specific closing details.
The evidence does not specify policy underwriting capacity, client information, or progress on regulatory approvals.
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Related concepts
D&O Liability Insurance
This term is not in the glossary yet. Browse related concepts in the glossary.
