Citi has unveiled its Citi Integrated Digital Assets Platform (CIDAP), marking a significant step in the bank’s digital transformation journey. This platform leverages blockchain technology to offer secure, efficient, and innovative digital asset solutions through a single integrated system, in line with Citi’s governance and risk management frameworks. As blockchain technology is recognized for its […]
Oxbridge Re Holdings Limited and its Web3-focused subsidiary, SurancePlus Inc., have announced a partnership with Zoniqx, a digital asset management company. The collaboration aims to use blockchain technology to tokenize reinsurance contracts and deploy them on blockchain ecosystems. SurancePlus will enhance its real-world asset (RWA) tokenization efforts through this partnership with Zoniqx. Jay Madhu, President […]
Earlier this month, Schroders Capital, the $94 billion private markets business of Schroders Group, announced the launch of an innovative tokenization pilot aimed at transforming the management of insurance-linked securities (ILS) investments. This pioneering project, conducted in collaboration with global reinsurance company Hannover Re, marks a significant step forward in Schroders’ commitment to leveraging digital […]
