Soter Insure Closes Series A Funding
Summary
Soter Insure, an Abu Dhabi, UAE-based provider of specialized insurance products tailored to the digital asset economy, closed its Series A funding round. The round was led by Galaxy, with participation from Brevan Howard Digital, Karatage, Token Bay, Pharsalus and others. The investment will support the company’s expansion, bolstering its underwriting and technology teams to scale operations across key markets. Headquartered in Abu Dhabi and operating out of Bermuda, with offices in London, New York and Dubai, Soter Insure was incubated by Further Ventures and WebN Group. The company offers specialized digital asset insurance products for financial institutions, including Asset Loss, Directors & Officers (D&O), and Smart Contract Failure coverage, uniquely denominated in both fiat and native digital assets.