Marquee has built an open platform for DeFi insurance
Marquee, a Web3 project for insurance, options, and other derivatives, concluded a seed round of funding on July 24 with a $1 million investment from Cryptogram Venture (CGV), Chain Capital, Waterdrip Capital, Bitrise Capital, ZC Capital, and Coinw Ventures. Marquee is a Web3 insurance project where users can purchase token price insurance or smart contract insurance to hedge against digital asset price fluctuations or security vulnerabilities. Underwriting insurance provides users with a variety of benefits. Marquee is dedicated to decentralisation and has built an open platform for DeFi insurance, options, and other derivatives using a combination of DAO governance and smart contracts.
Words from Co-Founder
Marquee Co-Founder Dr. Joe (to be confirmed) stated, “We are delighted to receive support from globally recognized investors in the crypto and Web3 space, including CGV. We share a common vision and great enthusiasm for building the next generation of decentralized financial applications and ecosystems. CGV’s cutting-edge research in the crypto and Web3 industry, along with its diverse collaborations in Japan, Asia, and North America, will help Marquee achieve its goals more effectively.”
What Next?
Next step, Marquee will accelerate its technological development and market promotion to provide more groundbreaking and innovative product solutions. To usher in a new era of creative growth, the goal is to lead innovative innovations in the insurance, options, and other derivatives markets.
