Soter Insure partners with Galaxy Digital to launch ETH-denominated Ethereum staking confiscation and penalty insurance

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ethereum news Partnerships & Ecosystem

Source: prnewswire.com

2026-03-26 06:16:15

ETH-2,35%

Gate News reports that on March 26, PRNewswire announced that digital asset insurance provider Soter Insure has launched an Ethereum-denominated confiscation insurance product, developed jointly by Soter Insure and Galaxy Digital. This insurance primarily addresses the core risk of validators being penalized and losing assets due to protocol violations during Ethereum staking, providing security for Ethereum validators and institutional stakers. The product’s premiums and claims are both priced and settled in ETH, solving the issue of insufficient coverage when ETH prices rise under traditional USD-denominated insurance, thereby eliminating the “currency mismatch risk.”

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