Oxbridge Re Holdings, together with its subsidiaries, is engaged in the business of tokenized Real-World Assets, RWA, initially in the form of tokenized reinsurance securities, and reinsurance solutions primarily to property and casualty insurers, today announced that its Web3-focused, subsidiary, SurancePlus, earned an impressive 49.11% return on its tokenized reinsurance security, DeltaCat Re exceeding the initial ROI projection of 42%. Jay Madhu, President and CEO of Oxbridge Re, commented on the returns of the DeltaCat Re Token delivered by SurancePlus, “Last year, SurancePlus enhanced Oxbridge Re’s special purpose vehicle, Oxbridge Re NS, by integrating digital innovations and insights by offering an RWA tokenized security, thus making reinsurance more accessible as an alternative investment through the Avalanche blockchain. We are pleased with the impressive returns for DeltaCat Re token investors. Looking ahead, we are excited about the long-term prospects of our business as we approach the close of our capital raise for the 2024/25 EpsilonCat Re Token”.
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