$100,000
Available Funding
- Up to $100,000
Overview
As regulators around the world increasingly insist that crypto custodians carry adequate insurance, many custodians struggle to find capacity in the traditional insurance market.
A startup that underwrites custody-specific risks—like theft, fraud, and operational failures—through discretionary cover on Nexus Mutual can fill this gap. By collaborating with brokers and aligning with regulators, this model can gain acceptance as an equivalent or superior alternative to legacy insurance.
In 2025, the global crypto custody market will be even larger, buoyed by institutional adoption and stricter compliance rules. Nexus Mutual’s decentralized model helps these custodians sidestep capacity limits often found in traditional underwriting. Through this approach, custody providers can scale more confidently, knowing they have backing for critical risks.
How to Apply
You can fill out the Nexus Mutual Grants Application below and share your grant submission.
For further details or questions, please contact BraveNewDeFi