OnRe
Coverage of OnRe in the Nexus archive.
- Forward Industries, RockawayX back OnRe to build onchain reinsurance on Solana
Forward Industries and RockawayX are partnering with OnRe to develop on-chain reinsurance on Solana, aiming to move insurance risk and capital flows onto blockchain rails and attract institutional participation. This collaboration seeks to leverage blockchain technology for efficient reinsurance processes. The model backed by investors is expected to enhance transparency and security in the industry.
- Forward Industries and RockawayX Co-Lead Strategic Investment in OnRe to Accelerate Onchain Reinsurance on Solana
Forward Industries and RockawayX co-led a $5M Series A investment in OnRe to accelerate onchain reinsurance on Solana, with Forward Industries also deploying up to $25M into OnRe's RWA token. This investment aims to generate durable, uncorrelated yield. The investment is built on the Solana blockchain.
- Avici Launches Reinsurance Yield in Partnership with OnRe.
Avici, a Solana-based onchain banking app, has launched reinsurance yield in partnership with OnRe. Users can now earn up to 10% APY from real-world insurance premiums in the $800 billion reinsurance market, offering stable, uncorrelated income without lockups through the Avici app.