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United Kingdom
2017 (9 Years)
Last online: No recent activity
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This company is currently Unproved.
Please be cautious of the potential risks!
License
A Grade License
Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.
B Grade License
Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.
C Grade License
Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.
D Grade License
From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.
Get to know Nexus Mutual
Company Information
Get to know Nexus Mutual
Nexus Mutual is a discretionary mutual run by its members as a Decentralized Autonomous Organization (DAO) on the Ethereum blockchain. It provides an alternative to traditional insurance by creating a risk-sharing pool where members can purchase "coverage" to protect themselves against smart contract failures, protocol hacks, stablecoin de-pegging events, and other specific crypto-native risks. Instead of being operated by a central company, claims assessment and business decisions are managed by its members, who stake the native token, NXM. The mutual's mission is to offer a community-owned and operated financial safety net for the emerging Web3 economy.
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