Bermuda
OnRe, established in 2019 and headquartered in Bermuda, is pioneering the fusion of digital assets with real-world insurance needs. The company's core mission, encapsulated in its slogan, "Real-world reinsurance meets internet capital markets," highlights its strategic focus on synchronizing traditional reinsurance with advanced digital markets.
OnRe leverages its licensing authority to implement digital assets as insurance collateral, seamlessly connecting onchain capital to reinsurance risks. This approach targets seasoned investors and DeFi participants, delivering institutional-grade returns uncorrelated to traditional markets. The cornerstone of this strategy is ONyc, a yield-bearing asset that integrates RWA-backed underwriting with crypto-native strategies, enhancing liquidity and stabilizing funding avenues for real-world assets.
Boasting a versatile presence across industries like Crypto, Insurance, Insurtech, and as a Trading Platform, OnRe made a strategic advancement with its last Series A investment on 28 March 2024, participated by Coinvestor Ventures.
