RWA (real-world asset) Tokenization platform Re debuted its tokenized reinsurance fund on Avalanche, and crypto insurance provider Nexus Mutual has become one of the first investors, allocating $15M to the fund.
On this episode of Money Moves, Karn Saroya and Hugh Karp discuss bringing the $1T reinsurance industry on-chain, and why they chose to launch on Avalanche. Hosted by Ava Labs' Morgan Krupetsky.
Avalanche is a smart contracts platform built to scale infinitely and finalize transactions in under a second. Its novel consensus protocol, Subnet infrastructure, and HyperSDK toolkit enable businesses to easily launch powerful, custom blockchain solutions. Build anything you want, any way you want, on the eco-friendly blockchain designed for both Web3 devs and businesses.
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