Bright Union is a Web3 Insurance Marketplace with a slogan of "Protect your financial future." Founded in 2021 and headquartered in The Netherlands, it operates within the Blockchain, Crypto, and Insurance industries. The startup recently secured a Seed Round investment on 01 May 2022, with Outlier Ventures as the lead investor. Bright Union differentiates itself as a DeFi Insurance Aggregator, offering a platform for the web3 community to obtain and provide decentralized insurance coverage. This includes protecting digital assets against hacks, protocol failures, and stablecoin de-pegging. Additionally, users can participate in insurance liquidity provision and earn sustainable yields via the highly diversified Bright Risk Index. The startup's future prospects appear promising as it aims to bring a brighter outlook to the industry with its innovative solutions and community-driven approach.
