Oxbridge And Zoniqx Announces Strategic Collaboration Aiming To Further Expand The Footprint Of SurancePlus By Leveraging Blockchain Technology To Tokenize Reinsurance Contracts And Facilitate Their Deployment On Blockchain Ecosystems
Oxbridge And Zoniqx Announces Strategic Collaboration Aiming To Further Expand The Footprint Of SurancePlus By Leveraging Blockchain Technology To Tokenize Reinsurance Contracts And Facilitate Their Deployment On Blockchain Ecosystems
Oxbridge Re Holdings Limited (Nasdaq: OXBR) ("Oxbridge Re"), together with its subsidiaries which is engaged in the business of tokenized Real-World Assets ("RWAs") initially in the form of tokenized reinsurance securities, and reinsurance solutions to property and casualty insurers in the Gulf Coast region of the United States, announced that its Web3-focused subsidiary, SurancePlus Inc. ("SurancePlus"), has signed a partnership agreement with Zoniqx, a pioneer in digital asset management who previously announced a partnership with Ripple and PwC as part of their Tokenization & Digital Assets Scale program. This collaboration aims to further expand the footprint of SurancePlus as it revolutionizes the reinsurance industry by leveraging blockchain technology to tokenize reinsurance contracts and facilitate their deployment on blockchain ecosystems.
Oxbridge Re Holdings(納斯達克:OXBR)及其子公司從事代幣化現實世界資產("RWAs")的業務,最初以代幣化的再保險證券形式以及爲美國海灣地區的財產和意外保險公司提供再保險解決方案。它宣佈其Web3-focused子公司SurancePlus Inc.("SurancePlus")已與數字資產管理先驅Zoniqx簽署了合作協議,後者此前已宣佈與Ripple和畢馬威作爲他們的代幣化和數字資產規模計劃的一部分建立了夥伴關係。這種合作旨在通過利用區塊鏈技術代幣化再保險合同並促進它們在區塊鏈生態系統上部署而進一步擴大SurancePlus的足跡。
Additionally SurancePlus Inc., a subsidiary of Oxbridge, completed a private placement of 287,705 Participation Shares represented by the digital tokens, EpsilonCat Re under a 3-year Participation Share Investment Contract, raising approximately $2.88 million. The offering is the second year of the Cat Re series. The tokens have been issued on the Avalanche blockchain and have a targeted 42% return.
此外,Oxbridge的子公司SurancePlus Inc.通過一份爲期3年的參股投資合同完成了287,705份以數字代幣EpsilonCat Re代表的參股份額的私募股份,籌集了大約$288萬。該發行是Cat Re系列的第二年。代幣已在Avalanche區塊鏈上發行,並有一個42%的目標收益率。