Soter Insure Secures Series B Funding from SC Ventures and SBI
Soter Insure has expanded its Series B funding round with new capital from SC Ventures and SBI, building on previous support from Galaxy, Coinbase Ventures, and others.
Digital asset insurer Soter Insure announced additional investment from SC Ventures and SBI as part of its Series B funding round. The latest infusion follows a previous round led by Galaxy, with existing backers Token Bay Capital also participating in the current cycle.
The company, which operates out of Abu Dhabi, continues to attract institutional capital from major financial entities. Previous investors in the venture include Coinbase Ventures, Franklin Templeton, and Brevan Howard Digital, signaling sustained interest in the intersection of traditional finance and digital asset insurance infrastructure.
This funding comes as the digital asset industry seeks increased regulatory compliance and risk management tools to support institutional adoption. The participation of global players like SC Ventures and SBI reflects a shift toward integrating specialized insurance products into the broader financial ecosystem.
Soter Insure plans to utilize the capital to scale its operations and enhance its coverage offerings. The company remains focused on addressing the specific underwriting requirements of the maturing digital asset market.