Crypto Insurance Firm Evertas Closes $14 Million Funding Round Led by Polychain Capital

Crypto insurance firm Evertas closed a $14 million round of funding led by Polychain Capital with participation from HashKey, Sino Global Capital, CMT Digital Ventures, Foundation Capital and others. 

Evertas has been in communication with the U.S. Securities and Exchange Commission (SEC) about how insurance can be an effective proxy for regulation when it comes to a rapidly evolving technology such as custodial crypto, said Evertas CEO J. Gdanski.