Abu Dhabi, United Arab Emirates, November 5th / PRNewswire / — Professional insurance company in the digital asset economy Soter Insure announced today that Standard Chartered's Innovation and Venture Capital department SC Ventures as well as the Japanese financial group SBI Group have joined as strategic investors in its Series B financing, further contributing to this round of financing led by Galaxy.

This round of the second delivery also includes subsequent investments from Token Bay Capital, which has been supporting Soter since Round A. New investors have joined the aforementioned financiers along with Coinbase Ventures, Franklin Templeton, and Brevan Howard Digital; the latter participated in the first round of deliveries announced in July 2026.

Insurance underwriting capacity remains one of the key gaps for banks and asset management companies entering the digital assets sector. Without this protection, institutions cannot apply the same risk standards to other types of assets. The support provided by two global financial groups active in the digital assets field also reflects an increasing recognition in the market that professional insurance coverage is a prerequisite for institutional participation.

Soter Insure will utilize the funds raised from this financing to enhance its insurance underwriting capacity, strengthen its underwriting and technical capabilities, and expand into mature and emerging digital asset markets, including entering the Asia-Pacific region through its Hong Kong operations, as well as the European and American markets.

Soter Insure, the founder and CEO, stated: "Without the risk protection they provide in all other asset classes, banks would not be able to scale in the digital assets sector, and such protection is still scarce today. With SC Ventures and SBI Group joining Galaxy, Coinbase Ventures, and Franklin Templeton, we now have traditional financial institutions and native digital asset organizations working together towards a common goal: achieving institutional-level insurance underwriting capabilities. Our strategic investors now cover most of the jurisdictions and networks that are at the forefront of digital asset adoption. We are grateful for Token Bay Capital's continued support and also thank Galaxy for leading this round of financing."

SC Ventures The person in charge of the digital asset fund, Herv states that: "Insurance is a crucial yet often overlooked component of the digital asset ecosystem. Our investment reflects our belief that Soter possesses unique advantages and is capable of building a regulated insurance platform to meet the needs of institutions and support the continuous development of the industry on a global scale."

The representative of SBI Group in the UAE, Yangte Kim, added: "As digital assets continue to be more widely adopted, we believe that the development of robust insurance solutions will become an increasingly important part of the ecosystem. Soter brings together deep expertise in regulation, digital assets, and traditional insurance to meet this important market demand. With this investment, SBI Group looks forward to supporting the growth of Soter and contributing to the sustainable development of a more resilient global digital asset ecosystem."

For more information about Soter Insure, please visit soter.insure.

About Soter Insure

Soter Insure is headquartered in Abu Dhabi and operates in Bermuda, with offices in London, New York, and Dubai. The company was incubated by Further Ventures and WebN Group, and provides specialized digital asset insurance products to financial institutions, including Directors and Officers Liability Insurance (D&O), Professional Liability Insurance ( PI ), crime insurance, valuable items insurance, pledge penalty insurance ( Slashing ), as well as smart contract failure insurance. Its policies are denominated in both fiat currency and native digital assets.

About SC Ventures

SC Ventures is DBS Bank's platform for innovation, fintech investment, and venture capital construction. Since 2018, the platform has created, operated, and expanded multiple entrepreneurial projects, and made a few equity investments, deploying over $1 billion in more than 30 portfolio companies worldwide. It focuses on building, investing in, and collaborating with entrepreneurial projects to drive the future development of financial services in areas such as digital banking, digital assets, small and medium-sized enterprise growth, inclusive finance, trade, and cross-border infrastructure. In the Middle East, SC Ventures has increased the number of entrepreneurial projects from 2 to 10 within two years in the United Arab Emirates and Saudi Arabia, and Egypt has also been included in the next phase of planning. The platform supports regional growth through disciplined entrepreneurial development, strategic cooperation, and regulated innovation that aligns with the national economic vision.

About SBI Group

SBI Group was established in 1999 and is a comprehensive internet finance group, as well as a pioneer in internet finance services in Japan. The group provides financial services centered around securities, banking, and insurance, offering highly convenient products and services at competitive prices through the internet. In addition, SBI Group also engages in asset management business on a global scale, PE investment business, cryptocurrency asset business, as well as next-generation services.

About Token Bay Capital

Token Bay Capital is a venture capital firm that invests in digital assets and blockchain infrastructure. Token Bay Capital Limited was established in Hong Kong in 2021 and is currently headquartered in Abu Dhabi Global Markets ( ADGM ). It is authorized and regulated by the Financial Services Regulatory Authority ( FSRA ) to act as a venture capital fund manager. The firm supports early-stage companies in building the infrastructure required to use digital assets, including custody, trading, payments, on-chain finance, and tokenization.

Media inquiries

Konstantin Sinev