Digital asset insurance service provider Soter Insure has completed its Series A financing, led by Galaxy.

Odaily Planet Daily News Soter Insure, a digital asset insurance provider incubated by Further Ventures and WebN Group, has completed its 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 range of products. (prnewswire)