CONNECT WITH US
Fintech

Fintech

SC Ventures and SBI Join Soter Insure’s Series B Alongside Follow-On from Token Bay Capital

Global Fintech Series logo

Published on

Add as a preferred source on Google
SC Ventures and SBI Join Soter Insure’s Series B Alongside Follow-On from Token Bay Capital

Soter Insure, a specialist insurer for the digital asset economy, announced that SC Ventures, the innovation and ventures arm of Standard Chartered, and Japanese financial group SBI Group have joined its Series B as strategic investors, adding to the round led by Galaxy.

SC Ventures and SBI join Soter Insure’s Galaxy-led Series B, alongside follow-on from Token Bay Capital

This second close also includes follow-on investment from Token Bay Capital, a Soter backer since its Series A. The new investors join Coinbase Ventures, Franklin Templeton and Brevan Howard Digital, which participated in the first close announced in July 2026.

Read More on Fintech : Global Fintech Interview with Andy Jiang, Head of Product, Slash

Insurance capacity remains one of the main missing pieces for banks and asset managers entering digital assets. Without it, institutions cannot apply the same risk standards they use for every other asset class. The backing of two global financial groups that are active in digital assets reflects a growing recognition that specialized coverage is a prerequisite for institutional participation.

Soter Insure will use the proceeds to increase its insurance capacity, deepen its underwriting and technology capabilities, and expand into mature and emerging digital asset markets, including Asia-Pacific through its Hong Kong presence, Europe and the US.

“Banks can’t scale in digital assets without the risk protection they rely on everywhere else, and today that protection is still scarce,” said Henson Orser , Founder and CEO of Soter Insure. “With SC Ventures and SBI Group joining Galaxy, Coinbase Ventures and Franklin Templeton, we now have traditional finance and digital asset natives behind the same goal: insurance capacity at institutional scale.


Source link
Related Topics:Fintech

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We TheMorningPulse.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It's possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.