Italy’s state-owned development bank, Cassa Depositi e Prestiti SpA (CDP), and Intesa Sanpaolo, the country’s largest lender, have successfully completed a pioneering digital bond issuance using blockchain technology. This marks the first transaction under Italy’s new digital asset regulations. A Landmark Transaction As reported by Krisztian Sandor from CoinDesk, the 25 million euro ($27.22 million) […]
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 […]
