ChainCatcher report: On November 5, Abu Dhabi-based digital asset specialty insurer Soter Insure announced that SC Ventures, the innovation and venture investment arm of Standard Chartered Bank, and Japanese financial group SBI Group have joined as strategic investors in its Series B round. Token Bay Capital also increased its investment concurrently; this marks the second close of the round, which is led by Galaxy.
New investors, including Coinbase Ventures, Franklin Templeton, and Brevan Howard Digital, which participated in the first delivery in July 2026, have joined.
Soter Insure, incubated by Further Ventures and WebN Group, operates in Bermuda and has offices in London, New York, and Dubai. Its products cover directors and officers liability, professional liability, crime, valuable items, forfeiture, and smart contract failures, with policies priced in fiat currency or native digital assets.
Digital Asset Insurer Soter Insure Secures Strategic Investment from Standard Chartered and SBI
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Summary
Digital asset news broke on November 5, 2026, as Soter Insure, a digital collectibles news and digital asset insurer based in Abu Dhabi, announced a Series B round led by Galaxy. Standard Chartered’s SC Ventures and Japan’s SBI Group joined as strategic investors, with Token Bay Capital participating in the second tranche. Existing investors including Coinbase Ventures and Franklin Templeton also took part. Soter, headquartered in Bermuda with offices in London, New York, and Dubai, offers insurance products denominated in fiat currency or native digital assets.
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