The crypto insurance company Native has announced the completion of a $2.60 million seed round of financing, led by Nexus Mutual. Native will initially provide $20 million of on-chain insurance for each risk and will operate a fund pool on Nexus Mutual. Native CEO Ben Davies stated that Native's role is to help address the long-standing issue of insurance inadequacy, as no industry can thrive without a liquid insurance market.

<div>\n\t\t\t\tCrypto insurance company Native has announced the completion of a $2.60 million seed round financing, led by Nexus Mutual. Native will initially provide $20 million of on-chain insurance for each risk and will operate a fund pool on Nexus Mutual. Native CEO Ben Davies stated that Native's role is to help address the long-standing issue of insurance under-provision; without a liquid insurance market, no industry can develop. (CoinDesk)\n\t\t\t</div>\n<div> </div><br/><br/></div>

The crypto insurance company Native has announced the completion of a $2.60 million seed round financing.