Bittensor App Gets Hack Risk Cover from Nexus Mutual-Backed Insurance Firm Native

Team Rizzo, the company behind Bittensor subnets and validator services, has secured a significant investment of $25 million in on-chain coverage from Native, a leading digital asset insurance specialist backed by Nexus Mutual.

This partnership marks a major milestone for Team Rizzo, as it provides the necessary risk mitigation for its users and helps to build trust in the Bittensor ecosystem. With this cover, Team Rizzo can now provide an additional layer of security for its customers, giving them peace of mind when using Bittensor services.

Native, a digital asset insurance firm that specializes in providing coverage for blockchain-related risks, has been instrumental in helping Team Rizzo secure this investment. As a Nexus Mutual-backed company, Native brings its expertise and resources to the table, ensuring that Team Rizzo receives top-notch coverage for its users.

The partnership between Team Rizzo and Native is a testament to the growing importance of digital asset insurance in the blockchain space. As more users begin to interact with Bittensor and other blockchain-based applications, it's becoming increasingly clear that risk management is crucial for their success.

With $25 million in on-chain coverage from Native, Team Rizzo can now focus on expanding its services and providing a safer and more secure experience for its customers. This partnership also opens up new opportunities for collaboration and innovation between the two companies, as they work together to drive growth and adoption in the Bittensor ecosystem.