B3i confirms bankruptcy after funding round failure
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B3i confirms bankruptcy after funding round failure

Marcel Le Gouais
29 July 2022
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Blockchain insurance industry initiative B3i has confirmed that it has filed for insolvency, marking the end of a venture that once set out to establish blockchain as a major platform to exchange (re)insurance contracts.

B3i confirmed on its website that it has ceased activities and filed for insolvency in the Swiss courts, following “unsuccessful funding rounds.”

The

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News Operations/tech
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Marcel Le Gouais
Deputy Editor
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