Insurance
DeFi Risk Assessor Sherlock Raises $1.5M in Pre-Seed Funding
The fundraising was led by IDEO CoLab Ventures, with participation from A.Capital Ventures, Scalar Capital and DeFi Alliance.

Opium, UMA to Launch Decentralized Insurance for SpaceX Flights
Opium is to offer a DeFi derivatives contract allowing users to hedge against the risk of a failed SpaceX launch.

You Can Soon Pay for Car Insurance With Bitcoin
There's now one more thing you will be able to buy with bitcoin: car insurance. San Francisco-based insurance startup Metromile wants to be the first to allow customers to pay with bitcoin, as well as be paid for insurance claims with bitcoin. Dan Preston of Metromile joins "First Mover" to discuss how Metromile works.

Auto Insurer to Allow Policyholders to Send, Receive Payments in Bitcoin
San Francisco-based Metromile will purchase $10 million worth of bitcoin to offer policyholders an option for payment of claims.

Insurance Alternative Nexus Mutual Follows DeFi Activity to Polkadot, Cosmos, Binance Smart Chain
The Ethereum-based platform for covering losses from DeFi hacks and other flubs is expanding to other chains.

BitGo Adds $600M in Insurance Capacity to Comfort Big-Time Bitcoin Holders
Bolstered by a wave of institutional crypto investors, BitGo is in a race against its peers to add insurance coverage.

AXA Switzerland Allows Customers to Pay in Bitcoin
The insurance provider says it will have the crypto converted into Swiss francs, instead of carrying BTC on its balance sheet.

Linux Foundation, Insurance Group Roll Out Platform to Cut Costs Using DLT
Besides cutting costs, the project aims to provide a standardized data repository for insurance analytics.

NYDIG Raises $100M From Insurance Giants in Latest Round
The institutional bitcoin shop is quickly expanding its crypto footprint with a foray into bitcoin insurance products.

Nayms Brings Blue-Chips and Disruption to Crypto Insurance
A new smart contract-based insurance marketplace is promising radical efficiency and more coverage for the long-underserved crypto industry.
