RWA Tokenization Expands to Life Insurance with Infineo Minting $9M of Policies...

RWA Tokenization Expands to Life Insurance with Infineo Minting $9M of Policies on Provenance Blockchain

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Source: Coindesk.com

Life insurance is the latest traditional financial product to receive crypto's red-hot tokenization treatment.

Infineo, a company that focuses on blockchain-based life insurances, said Tuesday that it has transferred the "first-ever" tokenized life insurance policy on distributed ledger system. The firm minted a total of $9.4 million worth of policies using the Provenance network, according to a

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The post "RWA Tokenization Expands to Life Insurance with Infineo Minting $9M of Policies on Provenance Blockchain" appeared first here Coindesk.com.

Source: Coindesk.com

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