Digital asset insurance service provider Soter Insure has completed Series A financing, with Galaxy leading the investment

ChainCatcher news, according to PR Newswire, digital asset insurance provider Soter Insure, incubated by Further Ventures and WebN Group, has completed a Series A funding round led by Galaxy, with participation from Brevan Howard Digital, Karatage, Token Bay, Pharsalus, and others. The specific investment amount has not been disclosed.

Soter Insure primarily provides digital asset insurance products in the Web3 market for financial institutions, covering areas such as smart contract failures. The new funds will be used to expand the product range.