Oxbridge Re raised $2.4mn with its blockchain reinsurance tokens offering
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Oxbridge Re raised $2.4mn with its blockchain reinsurance tokens offering

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Oxbridge Re has raised $2.4mn or around half of the limit it targeted from its first DeltaCat Re securitised reinsurance tokens offering.

Oxbridge Re told Trading Risk in March that it aimed to raise around $5mn from the first issuance of its blockchain-based tokens, issued through subsidiary SurancePlus, with an upper target of $20mn-$40mn.

The

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