CoinDesk reports that Soter, a crypto insurance provider, has secured $23.5 million in funding, with additional backing of 500 BTC and 2000 ETH, valued at approximately $43 million. This funding round highlights growing institutional interest in crypto insurance solutions, particularly from major players like Standard Chartered and SBI.
Based on the CoinDesk report; not independently verified.
Source published: Thu, 05 Nov 2026 16:49:08 +0000
[Read the original report](https://www.coindesk.com/business/2026/11/05/soter-raises-usd23-5m-plus-btc-and-eth-as-banks-demand-theft-protection)
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