Crypto asset insurance company Evertas completes $2.8 million seed round of financing, led by Morgan Creek

Crypto asset insurance company Evertas announced the completion of a $2.8 million seed round of financing, led by Morgan Creek, with participation in Wavemaker Genesis, Kailash Ventures, Plug n Play, Vy Capital, RenGen and others. As part of this round of financing agreement, Morgan Creek co-founder Mark Yusko will join Evertas’ board of directors. Evertas products mainly cover various institutions in the crypto asset industry, including exchanges, custodian service providers, traditional financial institutions, funds, family offices and ultra-high net worth individuals. The company will use the latest funds raised to support its subsequent development plan.