Nexus Mutual (NXM) is an open platform token on Ethereum that allows participants to pool and distribute risks through discretionary mutual insurance. Only participants can participate in the network, buy coverage and hold NXM (the platform's own token).

NXM (NXM) news

Nexus Mutual (NXM) is an open platform token on Ethereum that allows participants to pool and distribute risks through discretionary mutual insurance. Only participants can participate in the network, buy coverage and hold NXM and WNXM. Wrapped NXM is provided with an underlying asset in a ratio of 1:1, has the same price and allows you to expand the possibilities of application, for example, to trade on decentralized exchanges that do not support the "original".

Wrapped NXM news today, WNXM crypto latest news of token ticker

Wrapped NXM

We're proud to announce Nexus Mutual's partnership with InShare to expand capacity & cover to 5,000+ small independent business owners in the UK.

Read about the first use of on-chain capital to cover excess losses for a traditional discretionary mutual 👇
https://nexusmutual.io/blog/nexus-mutual-expands-cover-capacity-in-the-uk-with-on-chain-capital…

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Incredibly excited about this.

After 4 years of protecting various members exclusively within the blockchain space, we've now got thousands of small shops relying on us. They don't care that we're on-chain - they just want the best deal.

Nexus Mutual came through for them.