Core Insights - Oxbridge Re Holdings Limited reported its financial results for the three and nine months ended September 30, 2025, highlighting its leadership in digitizing reinsurance securities as tokenized real-world assets [1] Financial Performance - For the quarter ended September 30, 2025, net premiums earned decreased to $555,000 from $595,000 for the same quarter in 2024, attributed to a lower weighted average rate on reinsurance contracts [6] - For the nine-month period ended September 30, 2025, net premiums earned increased to $1.73 million from $1.71 million for the same period in 2024, due to a higher weighted average rate on reinsurance contracts [7] - The net loss for the quarter ended September 30, 2025, was $187,000, or ($0.02) per share, compared to a net loss of $540,000, or ($0.09) per share, for the same quarter in 2024 [8] - The net loss for the nine-month period ending September 30, 2025, was $2.19 million, or ($0.30) per share, compared to a net loss of $2.27 million, or ($0.37) per share, for the same period in 2024 [9] - Total expenses for the quarter ended September 30, 2025, increased to $815,000 from $498,000 for the same quarter in 2024, primarily due to increased professional costs [10] - Total expenses for the nine-month period ending September 30, 2025, rose to $4.99 million from $1.67 million for the same period in 2024, driven by increased professional costs and other operational expenses [11][12] Tokenized Reinsurance Performance - SurancePlus's Balanced Yield Token (EtaCat Re) is tracking approximately 25%, exceeding its target of 20%, while the High Yield Token (ZetaCat Re) remains on track to meet its 42% target [2][5] - The performance reflects a disciplined underwriting approach and demonstrates the potential for tokenized reinsurance to deliver consistent, uncorrelated returns within the $750 billion total addressable market [2] Financial Ratios - The loss ratio remained consistent at 0% for the three-month period ended September 30, 2025, but increased to 132.4% for the nine-month period, due to a full limit loss on a reinsurance contract affected by Hurricane Milton [14] - The acquisition cost ratio remained stable at 11.0% for both the quarter and nine-month periods ending September 30, 2025 [15] - The expense ratio increased to 146.8% for the three-month period and 156.2% for the nine-month period ending September 30, 2025, reflecting higher operational costs [16] - The combined ratio increased to 146.8% for the three-month period and 288.6% for the nine-month period ending September 30, 2025, indicating a decline in underwriting performance [17] Future Outlook - The company is considering introducing regular dividend payouts on its security-backed CatRe tokens, moving away from a purely annual payout model [4]

Curious about how Wall Street is coming onchain?We’re going live on an AMA with @matt_blumberg (Head of DeFi, @OndoFinance) and @web3benx (GTM & Ecosystem Growth, @BNBCHAIN) to talk about the future of DeFi and tokenized markets.🗓️ Nov 6, 1:00 PM UTC🎙️ https://t.co/rIkj4bUhsRPancakeSwap (@PancakeSwap):PancakeSwap is teaming up with @OndoFinance to bring 100+ tokenized real-world assets (RWAs) in stocks, bonds, and ETFs onchain to @BNBCHAIN.You can now trade tokenized assets on PancakeSwap with zero fees for ...

RT SolanaFloor (@SolanaFloor)🚨BREAKING: The total value of tokenized real-world assets (RWAs) on @Solana has surpassed $800M, a new all-time high. https://t.co/TfS47EGKPA ...

https://t.co/oefFT2aDUWPancakeSwap (@PancakeSwap):PancakeSwap is teaming up with @OndoFinance to bring 100+ tokenized real-world assets (RWAs) in stocks, bonds, and ETFs onchain to @BNBCHAIN.You can now trade tokenized assets on PancakeSwap with zero fees for the first 30 days.https://t.co/EgOKhem4yT https://t.co/bbHBCY8rpq ...

Core Viewpoint - XRP has experienced a 15% decline over the past three months but has surged by 410% over the past year, leading to investor uncertainty regarding its future performance [1] Group 1: Long-term Potential - XRP offers financial institutions faster transaction settlements, reduced pre-funding needs for cross-border transfers, and regulatory compliance tools, making it a compelling option for managing assets [3] - Ripple, the issuer of XRP, operates a payments network that covers over 90% of daily foreign exchange markets and has processed more than $70 billion in cumulative volume, providing significant operational scale [4] - The tokenized real-world assets (RWAs) market is growing rapidly, with XRP currently holding a small share valued at approximately $362 million, positioning XRPL to capture asset management workflows with high regulatory compliance needs [5] - The combination of utility, integrations, RWA management, and regulatory tools suggests that XRP has strong potential for value appreciation as financial institutions seek its unique features [6] Group 2: Competitive Challenges - The case for selling XRP is based on the increasing competition it faces, particularly as banks develop their own digital asset transfer systems [7] - Recent performance of XRP has been lackluster, despite its strong long-term outlook, which raises concerns about its immediate value proposition [8] - Major banks, such as JPMorgan Chase, are launching their own platforms for cross-border payments, which could hinder the adoption of third-party cryptocurrencies like XRP [9]

Core Insights - KAIO, a tokenization firm backed by Brevan Howard and Nomura Bank's Laser Digital, is expanding its tokenized funds to the Sei network in response to growing demand for real-world assets [1][4] Company Summary - KAIO, previously known as Libre Capital, has issued over $200 million in assets, including tokenized versions of feeder funds from Brevan Howard, Hamilton Lane, Laser Digital, and BlackRock, with plans to broaden access to more strategies [2] - The integration with Sei will initially feature tokens representing shares in the BlackRock ICS US Dollar Liquidity Fund and Brevan Howard Master Fund, allowing these tokens to be used within DeFi applications as collateral and liquidity reserves [5] Industry Summary - The Sei Network is designed for high-speed financial transactions, providing the infrastructure necessary for KAIO's tokenized funds [3] - The trend of tokenizing real-world assets (RWAs) is on the rise, with traditional investments like bonds and funds being represented as digital tokens, which promise faster settlements and integration with decentralized finance [4] - Industry estimates suggest that the total addressable market for tokenized RWAs could reach trillions of dollars, indicating significant growth potential in this sector [4]

Core Insights - Plume Network is acquiring Dinero Protocol to enhance its offerings of institutional-grade yield products for cryptocurrencies including ether (ETH), Solana's SOL, and bitcoin (BTC) [1][4] - Dinero's flagship product, the ipxETH yield-bearing token, has attracted $125 million in total value locked and will serve as a cornerstone for Plume's decentralized finance (DeFi) yield offerings [2] - Plume has seen its assets swell over $360 million since its mainnet launch in June, indicating strong growth and interest in its yield-generating strategies [3] Company Developments - The acquisition of Dinero will provide Plume with additional tools and engineering talent, as the company aims to meet institutional demand for crypto exposure [4][5] - Plume has recently received approval as an SEC-regulated transfer agent, enabling it to manage tokenized securities on-chain and integrate with traditional finance infrastructure [4] - The company is actively pursuing institutional clients in the U.S., Asia, and the UAE, with plans to expand its product suite to accommodate various institutional users [5] Product Offerings - In addition to ipxETH, Plume will incorporate Dinero's staking products including pxSOL, pxBTC, and a liquid staking token architecture that spans eight blockchains [5] - Some of these assets will be transitioned into native Plume products, such as plumeETH, further diversifying its offerings [5] Transaction Status - The acquisition deal has not yet closed, but a definitive agreement and binding term sheet have been signed by both parties [6]

RT Token Terminal 📊 (@tokenterminal)🏦⛓️ Wall Street is building on @ethereumThe value of tokenized RWAs on Ethereum is up by ~20x since January '24The growth has been fueled by the world's biggest asset managers deciding to bring their fund products onchain https://t.co/aGTstz59P4 ...

Onchain Initiatives by Fortune 500 Companies - 60% of Fortune 500 executives surveyed say their firms are exploring onchain initiatives [1] - Nearly half of surveyed Fortune 500 companies have increased their investment in onchain solutions [1] - The average number of onchain projects per company has increased by 67%, from 6 to 10 projects [1] - Payments and settlements are the most popular onchain initiatives at 47%, followed by supply chain management at 44% and blockchain infrastructure at 40% [1] - Onchain cross-transfer payments have grown by 31% since last year, corporate treasuries by 21%, and crypto investment product development by 19% [1] - 18% of executives say onchain initiatives play a key role in their business strategy, a 47% increase from 2024 [1] Crypto Adoption by SMBs - 34% of SMBs are currently using crypto in their businesses, with 46% of those not using it expecting to start within the next 3 years [1] - 82% of SMBs said that crypto can help them to address at least one of their main pain points, up from 68% a year ago [1] - 34% of SMBs are using crypto, up from 17% in 2024; 18% are using stablecoins, up from 8% last year; and 32% have paid or accepted a payment in crypto, up from 16% last year [1] - 84% of SMBs are interested in using crypto in their business, up from 65% just last year [1] - 72% of SMBs said transaction fees and processing times are a major pain point, up from 66% last year [1] - 57% of SMBs said that adopting crypto will save their business money, which is up from 42% last year [1] Stablecoin Adoption and Growth - Stablecoin transfer volumes peaked at $719 billion in December 2024 and $717 billion in April 2025 [1] - The number of stablecoin owners has climbed to over 161 million people [1] - As of May 2025, stablecoins account for 10% of US currency in circulation, and the total stablecoin supply has reached $247 billion, a 54% increase since 2024 [2] - Circle's USDC market cap reached an all-time high of $62 billion [2] - 47% of Fortune 500 executives and 82% of SMBs said stablecoins can help tackle slow transaction speeds and high fees [2] - 18% of SMBs are using stablecoins, more than double the 8% in 2024, and 81% are interested in integrating stablecoins, up from 61% in 2024 [2] Tokenized Real-World Assets (RWAs) - The RWA sector has grown by more than 245 times between April 2020 and April 2025 [2] - Private credit accounts for 61% of the tokenized RWA sector, tokenized treasuries 30%, commodities 7%, and institutional funds 2% [2] - Private credit tokenization has grown from basically nothing to $12 billion by April 2025, while tokenized treasuries have gone from under $500 million in October 2022 to more than $6 billion [2] Institutional Adoption of Crypto - The top 10 spot Bitcoin ETFs ranked in double the cumulative inflows of the top 10 all-time ETFs in their first year at $50 billion [3] - The spot Ethereum ETF saw a modest $35 billion worth of inflows in their first quarter after launch [3] - 86% of institutional investors have exposure to digital assets or plan to in 2025, and 83% plan to increase their crypto exposure this year [3] - 59% plan to allocate more than 5% of their AUM to crypto-related products, while 73% said their firms hold crypto outside of ETH and BTC [3] - 84% are either actively utilizing or plan to utilize stablecoins, while 76% intend to invest in some type of tokenized RWA in 2026 [3] Regulatory Hurdles and Developer Talent - 90% of Fortune 500 executives feel that clear regulation is required to support crypto and web3 innovation [3] - 54% said that regulatory concerns are a barrier to adoption of blockchain technology, while 67% said that regulatory uncertainty is a hurdle for adopting stablecoins [3] - 72% of SMBs said they would be more likely to consider crypto if there was a clearer market structure for crypto [3] - While the US still maintains the greatest share of developers at 39%, since Ethereum's launch in 2015 this share has been cut in half [3]