July 17, 2026 – London, United Kingdom
Ether.fi, the leading neobank, has been selected for digital asset management Nexus Mutual To provide the largest ETH cut cap ever for cryptocurrencies.
The cover protects ether.fiValidators against up to 15,000 ETH in reduced penalties.
As ether.fi continues to see rapid adoption from both retail and enterprise audiences, securing industry-leading risk mitigation protections for ether.fi users is critical. Over the past year, ether.fi has systematically strengthened its portfolio across infrastructure, risk management, operational security and real-time defense systems.
Since ether.fi runs one of the largest validation pools on Ethereum, a cut is a real risk for them. Working with Nexus Mutual, ether.fi has mitigated this issue with protections in place to insure against validator losses. This cap is calculated to protect ether.fi even in the most extreme scenarios and represents more than all historical losses from ETH price cuts combined.
“We’ve always believed that the most secure protocols will win out in the end,” said Mike Silagadze, founder and CEO of ether.fi. “That’s why we’ve invested heavily in audits, operational security, collections architecture, and now the largest insurance program in the industry. We’re excited to partner with Nexus Mutual to make this a reality.”“We’ve known the ether.fi team since before there was ether.fi, and they’ve been focused on risk since day one,” said Hugh Karp, founder of Nexus Mutual. “Covering their users for up to 15,000 ETH in penalty reductions is a historic step, and we’re proud they’ve chosen Nexus Mutual to take with them.”
About ether.fi
ether.fi It is the leading neo-onchain bank for digital asset management. With over $6 billion in assets under management across cash (crypto card), stake (repos), and liquid (liquid repos), ether.fi has established category dominance in new crypto banking. It is a rare institutional grade product that is designed for consumer adoption.
About Nexus Mutual
Nexus Mutual It is the first alternative to secure cryptocurrencies. Since 2019, they have covered over $7 billion against smart contract hacks, shunts, and other digital asset risks. As an industry leader, it has become a trusted partner for everyone from individuals to enterprises to help manage chain risks.
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Phil johnston
Nexus Mutual
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