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DeFi Cover Provider Nexus Mutual Backs New Crypto Insurance Broker Native

October 29, 2024
in Bitcoin
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Native goes stay with $2.6 million of seed funding led by Nexus Mutual, and the 2 corporations are providing $20 million on-chain cowl per threat, in accordance with a press launch on Tuesday. Nexus Mutual at present has a capital pool of about $200 million, largely denominated in ETH, the token of the Ethereum blockchain, which means the mutual will have the ability to write a number of protection traces per threat from day one, Nexus Mutual stated.



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