Cryptocurrency insurance company Evertas completes $14 million financing, led by Polychain Capital

ChainCatcher news, cryptocurrency insurance company Evertas has completed a $14 million funding round, led by Polychain Capital, with participation from Sino Global Capital, CMT Digital Ventures, Foundation Capital, Morgan Creek, Bloccelerate, network0, Matrixport, and HashKey. Individual investors include Balaji Srinivasan, Andrew Keys, Colleen Sullivan, Patrick McDonald, and David Roebuck.

Evertas CEO J. Gdanski stated that Evertas has been in communication with the U.S. Securities and Exchange Commission (SEC) about how insurance can serve as an effective agent for regulating rapidly evolving technologies like cryptocurrency. (Source link)