anthea

ChainCatcher news, cryptocurrency life insurance company Anthea announced that it has completed a $22 million Series A financing, led by CEF Capital, with a group of strategic investors from the insurance, asset management, and fintech sectors participating.The new funds will be used to support the launch of its life insurance products priced in ETH, while continuing business operations and accelerating product development and innovation.

ChainCatcher news, according to official sources, Yunfeng Financial Group Limited (stock code: 00376.HK) announced the successful strategic investment in the global cryptocurrency life insurance company Anthea Holding Limited (collectively referred to as "Anthea" along with its subsidiaries) and signed a strategic cooperation memorandum with Anthea.Yunfeng Financial will explore the application of blockchain technology in the insurance business with Anthea, particularly in compliance processes such as KYC and anti-money laundering, to strengthen the risk management framework and promote a sustainable digital financial ecosystem.Anthea Insurance Limited has now obtained pre-approval from the Bermuda Monetary Authority to issue an innovative long-term insurance business license, aimed at providing compliant, safe, and efficient life insurance and wealth accumulation solutions for digital asset holders. Its products include savings-type life insurance products priced in cryptocurrency, fully digital insurance application and claims processes, as well as compliant on-chain asset management strategies, boasting significant first-mover advantages and broad market prospects.