Soter Insure, a digital-asset-focused insurance company headquartered in Abu Dhabi, said on Nov. 5 that Standard Chartered’s innovation and ventures arm SC Ventures and Japan’s SBI Group joined its Series B as strategic investors. Token Bay Capital also increased its investment in what the company described as the second close of the round, which is led by Galaxy. The new backers joined earlier participants from the first close in July 2026, including Coinbase Ventures, Franklin Templeton and Brevan Howard Digital. Incubated by Further Ventures and WebN Group, Soter Insure operates in Bermuda and has offices in London, New York and Dubai. Its products cover directors and officers liability, professional liability, crime, specie, confiscation and smart contract failure, with policies denominated in either fiat currency or native digital assets.
Soter Insure, a digital-asset insurance specialist headquartered in Abu Dhabi, said on Nov. 5 that SC Ventures, the innovation and ventures arm of Standard Chartered, and Japan’s SBI Group joined its Series B as strategic investors.
Token Bay Capital also increased its investment. The transaction marks the second close of the round, which is led by Galaxy.
The new investors joined Coinbase Ventures, Franklin Templeton and Brevan Howard Digital, which had already participated in the first close in July 2026.
Soter Insure was incubated by Further Ventures and WebN Group. It operates in Bermuda and has offices in London, New York and Dubai.
Its products cover directors and officers liability, professional liability, crime, specie, confiscation and smart contract failure. Policies can be denominated in fiat currency or native digital assets.
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