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Abu Dhabi-based insuretech firm Soter Insure closed its Series B funding round led by Galaxy. The deal also involved SC Ventures, SBI Group, Token Bay Capital, Coinbase Ventures, Franklin Templeton, and Brevan Howard Digital. The company intends to use the undisclosed funds to expand into digital asset markets across Asia-Pacific, Europe, and the US.
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Summary by ByteBrief
Stability AI Closes $232M Series B Round