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Bering Waters Group

Bering Waters Ventures presents its investment thesis in Armor.fi, a decentralized brokerage and aggregator for cover underwritten by Nexus Mutual’s blockchain-based insurance.

Users of Decentralized Finance (DeFi) protocols face an unprecedented risk of attack from hackers exploiting the open-source protocols used to exchange value. These attacks have become more prevalent over the past year as the number of funds locked in DeFi has increased. Insurance against these attacks has become a critical piece of the DeFi infrastructure and insurers have often found themselves in a situation where they do not have sufficient liquidity¹ to underwrite the growing demand in policies.


Bering Waters Tech is delighted to announce that it has joined Solstarter Alliance, a partnership of leading technologies and service providers supporting Solstarter, the decentralized launchpad for projects building on the Solana blockchain.

Solstarter will offer investors a decentralized, fair, and equitable means to invest in projects building on the Solana blockchain. Solana is a next-generation blockchain that scales transaction throughput without the need for sharding by separating consensus from block production.

Over the past three years, Bering Waters has provided services, solutions, and formulated partnerships across the three arms of Bering Waters Group in support of its portfolio companies…


Bering Waters Ventures presents its investment thesis in UNION, an innovative decentralized platform that is bringing a comprehensive suite of protection and risk mitigation products to Decentralized Finance (De-Fi).

De-Fi has become a digital gold-rush with the value of assets locked in De-Fi increasing 40 fold in the last year alone. Despite this success, De-Fi is still in premature stages and comes with a great deal of risk and economic challenges. De-Fi still resembles the wild west for many investors today.

Investors face the risk of losing their capital through hacks and exploits. They also have to contend with high…


Bering Waters Ventures presents Shyft Network, a decentralized protocol focused on solving some of the most challenging problems in the field of identity and trust.

The acceleration of e-commerce and Decentralized Finance (De-Fi) has led to a shift from transactions being conducted in-person to being performed virtually and increasingly anonymously. This has introduced the challenge of determining a counterparty’s credibility.

In Web 2.0 this was performed by trusted intermediaries in a highly rigid point-to-point structure. However, it is an outdated model that concentrates power with a few entities and runs contrary to the modern paradigm of decentralization. That model also…


Armor.fi has one of the hottest charts in DeFi, having provided over $600M in coverage since launch.

As the official OTC desk for Armor.fi, we are seeing unprecedented interest in the vesting tokens and in blocks of liquid tokens as Armor.fi’s coverage continues to increase more quickly than expected.

As of the press date, $arNXM already has more liquidity than $wNXM, the wrapped version of Nexus Mutual’s proprietary token ($NXM).

Armor.fi has built a flexible layer based on the foundation of Nexus Mutual coverage, meeting the growing needs of investors and providing a hedge against smart contract hacks. …


Bering Waters OTC has partnered with DeFi smart insurance aggregator Armor to provide specialized OTC services for institutional investors.

Breaking through all expectations, the DeFi market realized 2,000% growth throughout 2020, topping $13B in locked assets in December. In the first months of this year, this number has already doubled and many experts predict that, in the next months, we will see significant migration of managed assets from traditional platforms to decentralized ones. …


Bering Waters Tech has announced the launch of the SOLAR Bridge to actively push the boundaries of blockchain’s scalability by building a game-changing bridge between Solana’s blockchain and Arweave’s data storage solution, solving an imminent problem for all blockchains as they scale to meet the needs of financial networks.

Since using Solana’s high-performance blockchain generates a massive amount of data beyond the capacity of current storage technology, the development of Arweave’s solution couldn’t be more timely. “If you look at the Solana history, we originally started with our own storage solution for a high-performance blockchain. When you have a chain-like…


This article was originally published on June 5, 2020.

Berlin-based Arweave (native token AR) has built a pioneering blockchain protocol offering permanent data storage. First incubated by TechStars, backed from near-inception by 1kx, has then drawn investment from Andreessen Horowitz, Union Square Ventures, Multicoin Capital and Coinbase Ventures.

“Arweave offers a rare opportunity to invest alongside some of the world’s top venture capital funds in a project with a low market capitalization, without counterparty risk thanks to the immediate transferability of the coins, before the token’s official listing, and at a price relatively close to the private round’s price.”


This article was originally published on August 10, 2020.

In Q4 2019, Bering Waters Ventures made an early bet on Synthetix Network and outlined the thesis that the synthetic derivatives platform would rise to become one of the most important players in the burgeoning DeFi market.

Synthetix and the broader DeFi market have since exploded in popularity, allowing users to leverage up to double-digit percentage yields on their fiat stablecoins at the click of a few buttons, an easy sell compared to the minute returns offered by banks in a near-zero-interest environment.

By December 2019 Synthetix had asserted itself as…


This article was originally published on July 11, 2020.

The bZx Network is a decentralized margin-lending protocol for any Decentralized Exchange that opts for integration. Upon the unlocking event of BZRX token, there have been two Defi platforms built upon bZx protocol: Fulcrum, the platform for tokenized margin lending, and trading as well as Torque, the non-custodial platform for fixed-rate, indefinite-term cryptocurrency loans.

Key Metrics of BZRX

A total of $2m was raised in 2018 across two rounds: Seed (March) & Public Sale (October). Public Sale tokens are representing 13.65% of the total supply of 1,030,000,000 tokens resulting in 140,000,000 tokens. Those are the…

Bering Waters Group

Bering Waters Group specializes in blockchain projects with untapped potential. It comprises of three industry leading businesses-OTC Desk, Ventures, and Tech.

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