Oxbridge Re's RWA Subsidiary SurancePlus reports 49% Realized return on its 2023/24 DeltaCat Re Tokenized Reinsurance Securities
OXRE(OXBR) GlobeNewswire News Room·2024-06-11 20:00
GRAND CAYMAN, Cayman Islands, June 11, 2024 (GLOBE NEWSWIRE) -- Oxbridge Re Holdings Limited (Nasdaq: OXBR) (“The Company”), together with its subsidiaries is engaged in the business of tokenized Real-World Assets (“RWAs”) initially in the form of tokenized reinsurance securities, and reinsurance solutions primarily to property and casualty insurers, today announced that its Web3-focused, subsidiary, SurancePlus Inc. (“SurancePlus”), earned an impressive 49.11% return on its tokenized reinsurance security, ...