Evertas: Raises $2.8 million
- World’s first cryptoasset insurance company completed a Seed Stage funding round and raised $2.8 million
- The funding round led by Morgan Creek who joined by Plug n Play, Kailash Ventures, RenGen
- Evertas which focuses on covering institutional holders of cryptoassets including exchanges, custodians
- The market capitalisation of cryptoassets is around $270 billion and growing rapidly
- Cryptoassets increasingly recognised by governments, regulators and industry bodies
- Evertas has a huge advantage over other insurance companies in capitalizing on the cryptoasset space
