Standard Chartered’s venture arm and Japan’s SBI Group have taken strategic stakes in Soter Insure, a digital-asset specialist insurer, joining a Series B round led by Mike Novogratz’s crypto financial services firm Galaxy.

The size of the round was not disclosed. According to CoinDesk, the total raise is expected to reach about $23 million in cash plus more than 500 bitcoin and 2,000 ether, which at current prices would put the round at roughly $66 million. A first close in July drew Coinbase Ventures, Franklin Templeton and Brevan Howard Digital, while existing backer Token Bay Capital added more in the second close.

Soter, headquartered in Abu Dhabi and operating under a Bermuda insurance license, sells policies built for financial…