Coinbase Ventures

Soter Insure has drawn fresh backing from Standard Chartered’s venture arm and Japan’s SBI Group, lifting its Series B support to about $66 million when bitcoin and ether commitments are included. The crypto insurer plans to expand capacity across Asia, Europe and the United States as institutional demand for digital asset risk protection grows.

Ondo Finance was pitched to prospective buyers after founder and CEO Nathan Allman died, people familiar with the matter said, though the company denies any sale effort. A legal battle over corporate control has likely stalled any potential transaction while the tokenization firm continues operating under court-imposed limits.