Re, a Real World Assets (RWA) platform, has launched a tokenized reinsurance fund on the Avalanche blockchain, powered by Securitize. The fund has received a $15 million allocation from Nexus Mutual and investment from Ava Labs' Vista. The platform aims to provide mostly non-catastrophe insurance exposure to accredited and institutional investors, positioning itself as a decentralized version of Lloyd's of London. Avalanche's architecture supports the flourishing of RWA tokenization.
#RWA platform Re opens a tokenized reinsurance fund on Avalanche with a $15 million allocation from Nexus Mutual and @AvaLabs' Vista also investing. https://t.co/0MhCFSZ7nM
Today in tokenization... @re launches its tokenized reinsurance fund on @avax (powered by @securitize). Providing mostly non-cat insurance exposure to accredited and institutional investors, Re is building the "decentralized Lloyd's of London". First investors into the fund… https://t.co/9UPyq0n9bk
Real World Assets are flourishing on Avalanche, as it is one of the few chains whose architecture supports RWA tokenization. https://t.co/k1hNeWj0AR
EXCLUSIVE: #RWA platform Re opens a tokenized reinsurance fund on Avalanche with a $15 million allocation from Nexus Mutual and @AvaLabs' Vista also investing. @sndr_krisztian reports https://t.co/HR0hIzuqvy
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