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Nexus Mutual wants to be the insurance policy your crypto never had

Nexus Mutual wants to be the insurance policy your crypto never had

The suits have arrived in crypto. In an interview with TheStreet Roundtable at the Digital Asset Summit in New York City, Nexus Mutual head of business development Ralf Turner noticed the shift firsthand.

For a protocol that’s been building decentralized insurance since 2019, the real signal isn’t the dress code. It’s the demand.

Nexus Mutual operates as a decentralized finance (DeFi) insurance marketplace on the Ethereum blockchain.

Related: Cardano founder warns of 15-year trap in crypto regulation

Capital holders deposit Ethereum and other assets into the protocol, which mints them $NXM, the protocol’s core token representing their share of a collective capital pool.

That pool then backs coverage for crypto-native…

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