BankingFunding

Unslashed: Raises $2 million

  • Unslashed Finance a company provides insurance products for crypto assets announces its $2M funding round
  • Among its investors Lemniscap, P2P Capital, Bitscale Capital, Chainlayer, and several angels, including Enzyme founder Mona El Isa
  • Since its initial private launch, Unslashed sold coverage for the amount of $400M and collected $90M in capital deposits
  • Unslashed on track to outpace the launches of most companies in the insurtech industry by the end of the year
  • The current market cap for crypto exceeds $1.2 trillion, and these assets carry a certain amount of risk for their holder
  • Unslashed insurance covers exchange and smart сontract hacks, validator slashing, stablecoin pegs, oracle failures
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Laura M
Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

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