Blockchain Insurtech Company Otonomi Raises $3.4 Million in Funding with Participation from GSR Ventures
Blockchain insurance technology company Otonomi announced the completion of a new round of financing worth $3.4 million, led by ATX Ventures, with participation from GSR Ventures, Greenlight Re Innovations, Punja.VC, Altari Ventures, Soundboard Venture Fund, Blackhorn VC, Bering Waters, REFASHIOND Ventures, among others. The new funds are intended to support the development of a blockchain-driven parametric cargo platform, aiming to reduce management costs by 90% and improve claims time and efficiency. (Insurtechinsights)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
CFX surpasses $0.085 with a 24-hour increase of 14.5%
Nearly 160 Million USDT Transferred from CEX to Aave
Analyst: Market Needs to Close Above $104,800 to Resume Short-term Bullish Momentum
A Whale Unstakes Over 70,000 SOL Worth $11.24 Million
Trending news
MoreCrypto prices
More
