Nexus Mutual
Curated by SignalDecentralized insurance platform offering coverage for crypto industry risks.
Overview
Nexus Mutual operates as a decentralized insurance platform focused on the cryptocurrency industry. It offers cover products and staking pools to its members, targeting individuals and businesses that seek protection against various risks, including protocol failures, penalties, depegging events, and losses on centralized exchanges. The platform employs a membership-based system that allows users to access insurance products and participate in staking pools overseen by risk experts. The forthcoming version 2 is expected to introduce features such as the ability to delegate staked NXM and provide underwriting liquidity. Nexus Mutual aims to address the demand for insurance alternatives within the evolving cryptocurrency landscape.
Key facts
- Founded
- 2017
- Headquarters
- London, United Kingdom
- Stage
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- Industry
- Financial Technology
- Sector
- Decentralized Finance
Business model
- 5 products and services
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Contact
- Primary office
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