UK based provider of insurance products for crypto assets raised $2m in Seed funding from investors including Lemniscap, P2P Capital, Bitscale Capital, and Chainlayer.
Led by Marouane Hajji, Founder, Unslashed provides insurance products for crypto assets, covering significant risks from exchange and smart сontract hacks to validators slashing to stablecoin pegs and oracle failures. The company has built a decentralized protocol for people willing to buy insurance for their assets and investors looking to earn an uncorrelated yield. The protocol ensures all underwritten risks are constantly collateralized, and the entire claims process is fully decentralized, independent, and transparent. Unslashed has already sold more than $400M worth of insurance across different protocols and policies.