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Nexus Mutual
Nexus Mutual is a decentralized insurance alternative providing protection for crypto assets against risks like smart contract hacks and custody failures. Operating since 2019, it offers tailored cover plans for both individuals and institutions, ensuring quick reimbursements and transparent operations.
London, GBR
Description
Nexus Mutual is a decentralized insurance alternative that offers protection for crypto assets against various risks, including smart contract hacks, custody failures, slashing, and depegging. Serving both individuals and institutions since 2019, with notable clients like Edge Capital, Dialectic, and Fasanara Digital, the platform emphasizes quick claim payments, transparency with on-chain verifiable data, a substantial asset pool of over $100M, and the ability to create bespoke coverage solutions. Nexus Mutual also provides a protocol that enables integrations for selling on-chain cover. Developers can integrate a buy-cover flow into their user interfaces, including Point-of-Sale (PoS) solutions, and earn a commission on sales. To facilitate these integrations, Nexus Mutual provides a developer SDK (@nexusmutual/sdk).Grant Funding
VC Funding
None
2018
2021
$0
$3M