Soter Insure, a digital asset insurance provider based in Abu Dhabi, announced the first close of its Series B funding round led by Galaxy Digital. Coinbase Ventures and Franklin Templeton joined as new investors, with follow-on support from Brevan Howard Digital and existing backers. The final close of the Series B will bring total funding to $23.5 million, plus over 500 BTC and 2,000 ETH. A second close is expected in the coming weeks. Operating from Bermuda with offices in London, New York and Dubai, Soter offers specialized insurance products for digital asset institutions, including Directors & Officers, Professional Indemnity, Crime, and Smart Contract Failure coverage. The funding will support expanding Soter's underwriting and technology capabilities whilst scaling operations across key markets. The company addresses the insurance gap that remains a barrier to institutional adoption of digital assets.

Soter Insure secures Series B funding led by Galaxy to scale its digital asset insurance solutions. July 29, 2026 Coinbase Ventures and Franklin Templeton join as new investors, with follow-on support from Brevan Howard Digital and existing backers, as Soter continues to build specialized insurance products for the digital asset economy. Abu Dhabi, UAE - July 29, 2026 - Soter Insure, a provider of specialized insurance products tailored to the digital asset economy, today announced the first close of its Series B funding round, led by Galaxy Digital, who also led the Series A, with new participation from Coinbase Ventures and Franklin Templeton and follow-on investment from Brevan Howard Digital and other existing backers. A second close is expected to follow in the coming weeks as Soter finalizes participation from additional strategic investors. Final close of the Series B will bring total funding to date of $23.5mm USD and over 500 BTC and 2000 ETH. Headquartered in Abu Dhabi and operating out of Bermuda, with offices in London, New York and Dubai, Soter Insure was incubated by Further Ventures and WebN Group. The company offers specialized digital asset insurance products for financial institutions, including, Directors &Officers (D&O), Professional Indemnity (PI), Crime, Specie, Slashing and Smart Contract Failure coverage, uniquely denominated in both fiat and native digital assets. As the digital asset space continues to mature, the lack of adequate insurance products and scarce capacity remains a significant barrier to broader institutional adoption. Soter Insure addresses this gap byoffering comprehensive insurance solutions tailored to the unique risks of decentralized technologies, thereby instilling confidence in institutional andretail participants. The new funding will support the continued expansion of Soter Insure, deepening its underwriting and technology capabilities and scaling operations across key markets. "Our mission at Soter is to set a new standard for risk management in the digital asset space. Reaching the first close of our Series B - with Galaxy leading again and new partners like Coinbase Ventures and Franklin Templeton joining alongside the continued support of Brevan Howard Digital - is a powerful validation of the platform we are building and the network effect of our strategic capital stack. Special thanks to Galaxy Digital for their vision and leadership in continuing to support us with the ability to provide solutions at institutional scale. With this capital we will accelerate our product roadmap, expand capacity, and extend our global footprint, and we look forward to welcoming further partners at our second close," said Henson Orser, Founder and CEO of Soter Insure. Chris Ferraro, President and CIO of Galaxy said: "Insurance remains a key gap to institutional adoption of digital assets, and Soter has built a platform that closes it. We're proud to lead this round again, and our continued investment reflects the strength of the team and the growing importance of specialized risk solutions for this asset class."