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DeFi Cover Provider Nexus Mutual Backs New Crypto Insurance Broker Native

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Native goes dwell with $2.6 million of seed funding led by Nexus Mutual, and the 2 corporations are providing $20 million on-chain cowl per threat, in line with a press launch on Tuesday. Nexus Mutual presently has a capital pool of about $200 million, principally denominated in ETH, the token of the Ethereum blockchain, which means the mutual will be capable of write a number of protection strains per threat from day one, Nexus Mutual mentioned.



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