Group 1 - Oxbridge Re Holdings Limited, along with its subsidiary SurancePlus, is engaged in the tokenization of Real-World Assets (RWAs) and provides reinsurance solutions to property and casualty insurers in the Gulf Coast region of the United States [1][3][4] - The company has selected Coinbase Prime to facilitate the purchase and secure custody of Bitcoin and Ethereum as treasury reserve assets, indicating a strategic move towards integrating blockchain technology into its financial framework [1][2] - SurancePlus has developed the first "on-chain" reinsurance RWA, democratizing access to reinsurance as an alternative investment for both U.S. and non-U.S. investors [5] Group 2 - The collaboration with Coinbase highlights the increasing alignment between traditional finance and blockchain technology, with both companies expressing confidence in the secure management of digital assets [2] - Oxbridge Re's licensed reinsurers, Oxbridge Reinsurance Limited and Oxbridge Re NS, provide property and casualty reinsurance to insurance businesses in the Gulf Coast region [4] - The company's focus on tokenized reinsurance securities positions it as a pioneer in the integration of blockchain solutions within the insurance industry [3][5]
Oxbridge / SurancePlus Selects Coinbase Prime to Support Strategic Bitcoin and Ethereum Investment