Oxbridge announces Strategic Partnership with Zoniqx a pioneer in digital asset management & a successful capital raise for Epsilon Cat Re
GRAND CAYMAN, Cayman Islands, July 17, 2024 (GLOBE NEWSWIRE) — Oxbridge Re Holdings Limited (Nasdaq: OXBR) (“Oxbridge Re”), together with its subsidiaries which is engaged in the business of tokenized Real-World Assets (“RWAs”) initially in the form of tokenized reinsurance securities, and reinsurance solutions to property and casualty insurers in the Gulf Coast region of the United States, announced that its Web3-focused subsidiary, SurancePlus Inc. (“SurancePlus”), has signed a partnership agreement with Zoniqx, a pioneer in digital asset management who previously announced a partnership with Ripple and PwC as part of their Tokenization & Digital Assets Scale program. This collaboration aims to further expand the footprint of SurancePlus as it revolutionizes the reinsurance industry by leveraging blockchain technology to tokenize reinsurance contracts and facilitate their deployment on blockchain ecosystems.