Blockchain startup Infineo has made significant strides in the financial sector, announcing last week that it has successfully tokenized $125 million worth of life insurance policies in just over three months since its launch. This groundbreaking initiative leverages blockchain technology to address a critical gap in the insurance industry: ensuring beneficiaries are notified in the […]
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 […]
