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Shield Finance Closes Private Funding Round to Bring Insurance to DeFi Reading Time: 3 mins read The next generation of decentralized finance protocols and services will need to offer better security and protection to users. Insurance packages are currently a novelty in the industry, but that may not be the case for much longer. Shield Finance has a bold vision to combine the best of DeFi and insurance into an accessible and versatile offering. The Current State of DeFi Anyone who has looked closely at how the DeFi industry works will know there are big rewards but equally significant risks t...

Share: As the demand for insurance products for a highly volatile DeFi market grows, Shield Finance is introducing DeFi insurance aggregation via a forthcoming IDO after closing its recent private funding round from top private investors and venture capital funds. Innovative Platform Designed To Protect DeFi Investors Against Market Risks Although DeFi has emerged as a promising solution for disrupting traditional finance models, it still is an erratic and unpredictable ecosystem. Over the past few years, several reported instances of crypto investors facing exchange hacks, bugs, and misplace...

Place/Date: Chiang Mai, Thailand - May 11th, 2021 at 2:27 pm UTC · 4 min read Photo: Shield Finance Shield Finance, a multi-chain DeFi insurance aggregator that will deploy across the Polkadot, Ethereum, Binance Smart Chain and Solana blockchains announced today the completion of their private fundraising rounds, having successfully reached the hard cap amount of $780 000. Private Investors. Shield Finance’s potential combined with it’s seasoned team attracted immense support from industry innovators including Master Ventures / PAID Network, DAO Maker, Zokyo, NGC Ventures, Spark Digit...