OpenCover Raises $4M in Seed Funding with Coinbase Support!

Creator: Mustafa Mulla

Mustafa has been writing about Blockchain and crypto since a few years. He has earlier buying and selling expertise and has been working within the Fintech business since 2017.

Sep 7, 2023 20:47

OpenCover, a decentralized insurance coverage supplier catering to cryptocurrency and Web3 platforms, has formally launched on Base. The corporate has additionally acquired help from Coinbase by means of the Base ecosystem funding program. As well as, it has raised $4 million in a seed spherical led by NFX and Leap Crypto. OpenCover goals to supply decentralized insurance coverage options for the rising crypto and Web3 industries, that are at the moment experiencing a surge in demand. With funding and help from business leaders, OpenCover is well-poised to make a big influence within the insurance coverage sector.