Nayms, a startup based in London, England, has successfully secured an undisclosed amount of funding from a group of investors including New Form Capital, UDHC, tokentus investment AG, and Keyrock. Nayms aims to provide insurance solutions for crypto-related risk to support the growing digital ecosystem. The startup is building a platform that enables the trading of Underwriting Securities and Insurance-Linked Securities (ILS) contracts to cover risks associated with cryptocurrencies.
As the crypto industry continues to grow and gain mainstream adoption, the need for specialized insurance solutions to mitigate risks such as cyber attacks, theft, and fraud has become more critical. Nayms aims to fill this gap by providing a platform that allows for the trading of Underwriting Securities and ILS contracts, providing coverage for crypto-related risks.
The funding received from prominent investors will enable Nayms to further develop and enhance its platform, which will offer innovative insurance solutions tailored to the unique risks associated with cryptocurrencies. Nayms' platform has the potential to provide increased confidence and security to the crypto community by offering insurance coverage to protect against potential losses.
Nayms' vision of providing insurance for crypto-related risk aligns with the growing demand for risk management solutions in the cryptocurrency space. The undisclosed funding from notable investors is a testament to the potential of Nayms' innovative approach to addressing the insurance needs of the crypto ecosystem. With the support of its investors, Nayms is well-positioned to make a significant impact in the insurance industry and support the continued growth of the digital asset ecosystem. Visit us for more information about their latest funding round: https://founderlodge.com/round/Nayms-raises-0-Unknown-2023-04-21-Dan-Roberts-MTIzNjE