BlockBeats news, on October 29, CoinDesk reported that Native, a professional crypto insurance brokerage company, received US$2.6 million in seed funding led by Nexus Mutual. Native will provide $20 million in on-chain insurance and operate a capital pool on Nexus Mutual. Nexus Mutual’s insurance alternative is also available through many major protocols on the Coinbase Layer 2 network through a product called Base DeFi Pass.
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