Saturday, November 7, 2026
DeFi Cowl Supplier Nexus Mutual Backs New Crypto Insurance coverage Dealer Native

DeFi Cowl Supplier Nexus Mutual Backs New Crypto Insurance coverage Dealer Native

by Jeremy

Native goes stay with $2.6 million of seed funding led by Nexus Mutual, and the 2 companies 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 be capable to write a number of protection strains per threat from day one, Nexus Mutual mentioned.

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