Oxbridge Re Holdings Ltd

NASDAQ:OXBRUnited States

Our new Web3-focused subsidiary, SurancePlus Inc. ("SurancePlus"), has developed the first "on-chain" reinsurance RWA of its kind to be sponsored by a subsidiary of a publicly traded company. By digitizing interests in reinsurance contracts as on-chain RWAs, SurancePlus has democratized the availability of reinsurance as an alternative investment to both U.S. and non-U.S. investors.

Oxbridge / SurancePlus CEO Jay Madhu to Speak at Digital Assets Week in Singapore

GRAND CAYMAN, Cayman Islands, Oct. 31, 2024 (GLOBE NEWSWIRE) -- Oxbridge Re Holdings Limited (Nasdaq: OXBR) ("Oxbridge"), together with its RWA/Web3-focused subsidiary, SurancePlus Inc. ("SurancePlus"), today announced it will be participating in two of the world's most anticipated events regarding digital assets and fintech. Oxbridge Re, together with its subsidiary SurancePlus is engaged in the business of tokenized Real-World Assets ("RWAs") initially in the form of reinsurance securities, and providing reinsurance solutions to property and casualty insurers in the Gulf Coast region of the United States. Oxbridge's CEO, Jay Madhu will be speaking at Digital Assets Week in Singapore regarding 'Reshaping Access to the Trillion-Dollar Reinsurance Industry', along with the company's strategic partner Zoniqx, a leader in digital asset management, and their CEO Prasanth Kalangi. To date, Zoniqx has issued billions of dollars on-chain.