Digital asset specialty insurance company Soter Insure completes the second closing of its Series B round, with SC Ventures and SBI Group joining

Soter Insure, a digital-asset-focused insurance provider, completed the second close of its Series B round, adding Standard Chartered's SC Ventures and Japan's SBI Group as strategic investors alongside a follow-on from Token Bay Capital. The round is led by Galaxy, with the July first close having drawn Coinbase Ventures, Franklin Templeton and Brevan Howard Digital; the announcement did not disclose the funding amount. The participation of a major bank's venture arm and a large Japanese financial group signals growing institutional appetite for specialized insurance covering digital-asset risks. Watch for the disclosed total raise and any expansion of Soter's coverage capacity across chains and protocols.