Source: Coindesk.com
The new fund backs low-volatility insurances covering properties, trucking, aviation and workers compensation, excluding catastrophic risks at the start, Re CEO Karn Saroya said in an interview. Re targets to back $200 million in insurance premiums by the end of the year, with another $3 billion in the pipeline. The firm also raised $7 million
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The post "RWA Platform Re Debuts Tokenized Reinsurance Fund on Avalanche with $15M Commitment from Nexus Mutual" appeared first here Coindesk.com.
Source: Coindesk.com
