OnRe Finance, a blockchain reinsurance company, has completed a $5 million financing round, led by Forward and Rockaway
According to SolanaFloor, the on-chain reinsurance company OnRe Finance has completed a $5 million financing round, led by Forward and Rockaway. The funds will be used to accelerate the development of on-chain reinsurance business on the Solana network.
Forward plans to deploy up to $25 million in OnRe's ONyc token to gain exposure to tokenized reinsurance returns.
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