OpenCover, which raised $4 million in a seed round led by the likes of NFX and Jump Crypto, received a $200,000 funding bump from Coinbase to bolster its debut on Base.
and Jump Crypto, received a $200,000 funding bump from Coinbase to bolster its debut on Base, according to OpenCover CEO Jeremiah Smith.blockchain, is working with Aave, Uniswap, Curve, Safe, Morpho, Synthetix, Beefy, Angle, 1inch and Yearn, Smith said.
“OpenCover is an insurance alternative and cover aggregator that essentially offers protection against protocol failures, such as a few weeks back,” Smith said in an interview with CoinDesk. “We have $200-plus million in underwriting capital from Nexus that is now directly accessible for the very first time on a layer 2.”
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