$100,000
Available Funding
- Up to $100,000
Overview
One of the biggest constraints in high-risk insurance sectors, like digital assets and climate risks, has long been capacity. A crypto-denominated regulated insurance carrier, powered by Nexus Mutual’s infrastructure, could address these gaps by issuing policies that comply with the standards of a chosen jurisdiction.
In 2025, as more jurisdictions openly embrace crypto assets, forming a regulated entity in a crypto-forward region will become more feasible. The capital backing the carrier can be held in a Nexus Mutual staking pool, policies issued on-chain, payouts made efficiently and cheaply in stablecoins. By making use of on-chain efficiency, this startup can offer more competitive rates, faster payouts, and a transparent claims process that instills confidence in both insurers and insureds.
How to Apply
You can fill out the Nexus Mutual Grants Application and share your grant submission.
For further details or questions, please contact BraveNewDeFi