OnRe Finance completes a $5 million funding round, Forward plans to allocate $25 million to purchase ONyc tokens
According to ChainCatcher, OnRe Finance has completed a $5 million funding round, led by Forward and Rockaway. The funds will be used to accelerate the development of reinsurance business on the Solana chain.
Forward plans to deploy up to $25 million in OnRe's ONyc tokens to gain exposure to tokenized reinsurance returns.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Structure Therapeutics CMO Blas Coll Crespo disposes of USD 124,008 common shares
DigitalOcean CEO Srinivasan Padmanabhan disposes of $1.6 million in common shares
Labcorp Reaffirms Long-Term Earnings Outlook
Dolphin Entertainment CEO William O’Dowd IV buys USD 4,850 in common shares
Crypto prices
More
