Oxbridge re's rwa subsidiary suranceplus reports 49% realized return on its 2023/24 deltacat re tokenized reinsurance securities

Grand cayman, cayman islands, june 11, 2024 (globe newswire) -- oxbridge re holdings limited (nasdaq: oxbr ) (“the company”), together with its subsidiaries is engaged in the business of tokenized real-world assets (“rwas”) 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 inc . (“suranceplus”), earned an impressive 49.11% return on its tokenized reinsurance security, deltacat re exceeding the initial roi projection of 42%.
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