Oxbridge / SurancePlus CEO Jay Madhu to Speak at Digital Assets Week in Singapore
October 31 2024 - 9:00AM
Oxbridge Re Holdings Limited
(Nasdaq: OXBR)
(“Oxbridge”), together with its RWA/Web3-focused
subsidiary, SurancePlus Inc. (“SurancePlus”), today announced it
will be participating in two of the world’s most anticipated events
regarding digital assets and fintech. Oxbridge Re, together with
its subsidiary SurancePlus is engaged in the business of tokenized
Real-World Assets (“RWAs”) initially in the form of reinsurance
securities, and providing reinsurance solutions to property and
casualty insurers in the Gulf Coast region of the United States.
Oxbridge’s CEO, Jay Madhu will be speaking at Digital Assets Week
in Singapore regarding ‘Reshaping Access to the Trillion-Dollar
Reinsurance Industry’, along with the company’s strategic partner
Zoniqx, a leader in digital asset management, and their CEO
Prasanth Kalangi. To date, Zoniqx has issued billions of dollars
on-chain.
These events offer a platform for Oxbridge and
SurancePlus to showcase how they are shaping the future of
tokenization and discuss their efforts in pioneering the issuance
of tokenized reinsurance securities as an RWA. We recommend that
interested parties contact Jay Madhu at the details provided. The
schedule of events include:
- | Digital Assets Week Singapore |
November 4-5
- | Singapore FinTech Festival 2024|
November 6-8
Jay Madhu, President and CEO of Oxbridge,
commented: "We have democratized access to an asset class
previously unavailable to most and have bridged the regulatory gap
between the SEC and Blockchain by offering a security token where
the Real-World Asset (RWA) is the premiums income from property
reinsurance contracts."
About Oxbridge Re Holdings Limited
Oxbridge Re Holdings Limited (NASDAQ: OXBR,
OXBRW) (“Oxbridge”) is headquartered in the Cayman Islands.
The company offers tokenized Real-World Assets (“RWAs”) initially
in the form of tokenized reinsurance securities, and providing
reinsurance business solutions to property and casualty insurers,
through its wholly owned subsidiaries SurancePlus Inc., Oxbridge Re
NS, and Oxbridge Reinsurance Limited.
Insurance businesses in the Gulf Coast region of
the United States purchase property and casualty reinsurance
through our licensed reinsurers Oxbridge Reinsurance Limited and
Oxbridge Re NS.
Our Web3-focused subsidiary, SurancePlus Inc.
(“SurancePlus”), has developed the first “on-chain” reinsurance RWA
of its kind to be sponsored by a subsidiary of a publicly traded
company. By digitizing interests in reinsurance contracts as
on-chain RWAs, SurancePlus has democratized the availability of
reinsurance as an alternative investment to both U.S. and non-U.S.
investors.
Company Contact:Oxbridge Re Holdings LimitedJay
Madhu, CEO+1 345-749-7570Jmadhu@OxbridgeRe.com
Forward-Looking Statements
This press release may contain forward-looking
statements made pursuant to the Private Securities Litigation
Reform Act of 1995. Words such as “anticipate,” “estimate,”
“expect,” “intend,” “plan,” “project” and other similar words and
expressions are intended to signify forward-looking statements.
Forward-looking statements are not guarantees of future results and
conditions but rather are subject to various risks and
uncertainties. A detailed discussion of risks and uncertainties
that could cause actual results and events to differ materially
from such forward-looking statements is included in the section
entitled “Risk Factors” contained in our Form 10-K filed with the
Securities and Exchange Commission (“SEC”) on 26th March 2024. The
occurrence of any of these risks and uncertainties could have a
material adverse effect on the Company’s business, financial
condition and results of operations. Any forward-looking statements
made in this press release speak only as of the date of this press
release and, except as required by law, the Company undertakes no
obligation to update any forward-looking statement contained in
this press release, even if the Company’s expectations or any
related events, conditions or circumstances change.
#JayMadhu #Oxbridge #OxbridgeRe #OXBR
#SurancePlus #Zoniqx #DigitalAssetsWeek #SingaporeFinTechFestival
#Reinsurance #RWA #Web3 #Blockchain #PrasanthKalangi
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