Deus X Capital Partners with Soter for Innovative Digital Asset Risk Coverage

Soter's Hybrid BTC/USD-Denominated Insurance Offers True Asset-Aligned Protection for Virtual Asset Service Providers

ABU DHABI, UAE, July 17, 2025 /PRNewswire/ -- Soter Insure, a provider of specialized insurance solutions for digital asset institutions, is excited to announce a groundbreaking collaboration with investment firm Deus X Capital, which has procured the world's first hybrid USD/Bitcoin denominated risk transfer product. This landmark agreement establishes a new benchmark for risk management in the digital asset industry, providing Deus X Capital and Virtual Asset Service Providers (VASPs), such as portfolio company Deus X Pay, with unmatched protection against cryptocurrency price volatility and the ability to pay premiums in digital assets.

Unlike legacy policies, this innovative product offers limits for Directors & Officers (D&O) and Professional Indemnity (PI) denominated in USD, alongside Crime coverage denominated directly in Bitcoin. The novel utilisation of BTC for loss of digital assets eliminates currency risk and provides true, asset-aligned protection, ensuring that policyholders are indemnified against the catastrophic risks of theft and loss in the asset they seek to protect, regardless of market fluctuations.

Tim Grant, CEO of Deus X Capital and Chairman of Deus X Pay commented, "Finding the right insurance coverage has for a long time been a challenge for financial services operators in the crypto space. We are delighted to partner with Soter who are leading the charge on providing the insurance products that are tailored to the needs of our portfolio companies like Deus X Pay."

Backed by institutional investors like Galaxy Digital, Brevan Howard Digital, and Further Ventures, Soter Insure has launched the world's first insurance product designed to mitigate the impact of cryptocurrency price volatility on traditional, fiat-denominated crime coverage. This innovative solution paired with traditional coverage for D&O and PI directly helps address the critical lack of adequate insurance within the rapidly maturing digital asset space, a significant barrier to broader institutional participation. By offering comprehensive, tailor-made coverage, Soter aims to instill confidence, foster trust, and encourage greater engagement from both institutional and retail participants in the digital asset market.

"As regulatory framework and clarity comes into focus globally, we are thrilled to provide insurance products that better fit compliant service providers in the digital asset space and encourage broader adoption generally" Said Henson Orser, CEO and Founder of Soter Insure.

This policy not only marks the commencement of Soter and Deus X's partnership but also extends availability of unprecedented risk mitigation capabilities to Deus X's entire network of companies as well as VASPs globally. This is a crucial step towards fostering greater mainstream adoption of digital assets by establishing the robust risk infrastructure demanded by institutional-grade participants. As the ecosystem continues to mature, Soter remains dedicated to innovating and expanding its suite of insurance products to meet evolving institutional demands, fostering a more secure and accessible future for digital assets globally.

For more information about Soter Insure, please visit soter.insure.

About Soter Insure
Soter Insure is a leading provider of specialized insurance solutions for the institutional digital asset ecosystem. Soter offers a range of innovative insurance products that address the unique risks of the blockchain ecosystem. Soter Insure is committed to providing robust, transparent, and secure risk management solutions. For more information, visit www.soter.insure.

About Deus X Capital
Deus X Capital is a specialist investment and operating company focused on private equity, venture capital and enterprise build opportunities in the capital markets, fintech and digital assets sectors. Deus X has more than $1bn in assets under management and its unique expertise, extensive network, and diverse capabilities to foster lasting value within the financial technology sector. For more information, visit www.deusx.capital

Press contact: deusx@fullyvested.com

About Deus X Pay
Deus X Pay is a regulated provider of institutional stablecoin payment solutions, revolutionising the authorisation, clearing, and settlement of cryptocurrency payments. We enhance global payment options for institutions, businesses, and corporations by seamlessly merging traditional finance with advanced digital payment infrastructure, enabling faster, more cost-effective, and secure transactions.

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SOURCE Soter Services North America LLC