The Blockchain Insurance Industry Initiative ( B3i ) has raised $ 200 m in the past month , according to Swiss corporate registry reports . They revealed around $ 8.34 m of the funding was raised , while the remainder was converted debt . business Insights speculated the funding round was ongoing , while reports also said the company was planning to raise $ 200 m to $ 200 m but it is not clear whether the latest sum is part of that effort .
The Blockchain Insurance Industry Initiative (B3i) has raised $16m in the past month, according to Swiss corporate registry filings. They revealed around $8.34m of the funding was cash, while the remainder was converted debt. Ledger Insights speculated the funding round was ongoing, while reports also said the company was seeking to raise $150m to $200m but it is not clear whether the latest sum is part of that effort.