The Blockchain Insurance Industry Initiative (B3i) has raised $16m in the past month, according to Swiss corporate registry filings. They revealed $150m to $200 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 around $8.34mm 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.