Core Viewpoint - Oxbridge Re Holdings Limited is advancing its integration of blockchain technology by selecting Coinbase Prime for the purchase and custody of Bitcoin and Ethereum as treasury reserve assets, highlighting a significant move towards the tokenization of Real-World Assets (RWAs) in the reinsurance sector [1][2]. Company Overview - Oxbridge Re Holdings Limited, headquartered in the Cayman Islands, specializes in tokenized RWAs and provides reinsurance solutions to property and casualty insurers through its subsidiaries, including SurancePlus Inc. and Oxbridge Reinsurance Limited [3][5]. - The company is focused on democratizing access to reinsurance as an alternative investment for both U.S. and non-U.S. investors by digitizing interests in reinsurance contracts [5]. Strategic Collaboration - The partnership with Coinbase is aimed at securely managing digital assets and creating new investment opportunities that align with the company's blockchain vision [2]. - Coinbase's involvement is seen as a step towards bridging traditional finance with blockchain technology, emphasizing the growing acceptance of cryptocurrencies in conventional financial frameworks [2]. Market Focus - Oxbridge Re's services are particularly targeted at insurance businesses in the Gulf Coast region of the United States, providing property and casualty reinsurance through its licensed reinsurers [4].
Oxbridge / SurancePlus Selects Coinbase Prime to Support Strategic Bitcoin and Ethereum Investment