Base Layer

Base Layer Episode 246: Lucas from CatX; Insurance meets Digital Assets for coffee...

12.11.2023 - By David Nage | BlockWorks GroupPlay

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In 2022, storms worldwide caused more than 130 billion U.S. dollars in damage. Cybercrime is predicted to cost the world USD 8 trillion in 2023. We are starting to see demand for insurance against these events outpace supply. The reinsurance market was valued at $560 billion as of 2022. A solution is needed to meet these new demands with new sources of supply and CatX has been building for that, leveraging the tools of AI and digital assets. Learn from their founder today on this great show. You can also earn more about CatX.

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