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Anthea secures $22m to launch Ethereum Life Insurance
ReinsuranceNe.wsยท 2025-10-10 05:00
Core Insights - Anthea Holding Limited has completed a US$22 million Series A funding round to enhance its life insurance solutions in digital assets [1][2] Group 1: Funding and Investment - The investment was led by Yunfeng Financial Group Limited, with participation from various strategic and institutional investors experienced in insurance, asset management, and financial technology [2] - The new capital will support the launch of Anthea's first life insurance policy denominated in Ethereum (ETH), marking a global first in this product category [2][3] Group 2: Strategic Goals and Operations - Proceeds from the funding will be utilized to scale operations, drive product development, and enhance Anthea's distribution and market presence across Asia [3] - The CEO of Anthea emphasized that this funding round represents a strategic alignment with partners who share the vision for the future of insurance [3] Group 3: Regulatory and Market Position - Anthea Insurance Limited has received in-principle approval from the Bermuda Monetary Authority to register as an Innovative Insurer, which strengthens its ability to integrate global life insurance standards into the digital asset landscape [4] - The company aims to combine the security of traditional life insurance with the flexibility of blockchain technology, targeting both crypto-savvy clients and traditional investors [5]