Oxbridge / SurancePlus Selects Coinbase Prime to Support Strategic Investments in Digital Assets
Oxbridge Re Holdings (NASDAQ: OXBR) and its subsidiary SurancePlus have selected Coinbase Prime to facilitate investments in digital assets as part of their investment strategy. The company, which focuses on tokenizing Real-World Assets (RWAs) and providing reinsurance solutions in the Gulf Coast region, aims to integrate blockchain solutions into its financial framework.
Through this collaboration, Oxbridge will utilize Coinbase's platform for securely managing digital assets while exploring new investment opportunities aligned with their blockchain vision. The selection of Coinbase Prime as their platform for buying and storing Digital Assets reflects the growing convergence between traditional finance and blockchain technology.
Oxbridge Re Holdings (NASDAQ: OXBR) e la sua filiale SurancePlus hanno selezionato Coinbase Prime per facilitare gli investimenti in asset digitali come parte della loro strategia d'investimento. L'azienda, che si concentra sulla tokenizzazione degli Asset del Mondo Reale (RWA) e sulla fornitura di soluzioni di riassicurazione nella regione della Gulf Coast, mira a integrare soluzioni blockchain nel proprio framework finanziario.
Attraverso questa collaborazione, Oxbridge utilizzerà la piattaforma di Coinbase per gestire in modo sicuro gli asset digitali, esplorando al contempo nuove opportunità di investimento in linea con la loro visione blockchain. La scelta di Coinbase Prime come piattaforma per l'acquisto e la conservazione degli Asset Digitali riflette la crescente convergenza tra finanza tradizionale e tecnologia blockchain.
Oxbridge Re Holdings (NASDAQ: OXBR) y su filial SurancePlus han seleccionado Coinbase Prime para facilitar inversiones en activos digitales como parte de su estrategia de inversión. La empresa, que se centra en la tokenización de Activos del Mundo Real (RWA) y en proporcionar soluciones de reaseguro en la región de Gulf Coast, busca integrar soluciones blockchain en su marco financiero.
A través de esta colaboración, Oxbridge utilizará la plataforma de Coinbase para gestionar de manera segura los activos digitales, al mismo tiempo que explora nuevas oportunidades de inversión alineadas con su visión de blockchain. La selección de Coinbase Prime como su plataforma para comprar y almacenar Activos Digitales refleja la creciente convergencia entre las finanzas tradicionales y la tecnología blockchain.
옥브리지 리 홀딩스 (NASDAQ: OXBR)와 그 자회사인 SurancePlus는 투자 전략의 일환으로 디지털 자산에 대한 투자를 원활하게 하기 위해 코인베이스 프라임을 선택했습니다. 이 회사는 현실 세계 자산(RWA)의 토큰화 및 걸프 코스트 지역에서 재보험 솔루션 제공에 중점을 두고 있으며, 금융 프레임워크에 블록체인 솔루션을 통합하는 것을 목표로 합니다.
이번 협업을 통해 옥브리지는 코인베이스의 플랫폼을 활용하여 디지털 자산을 안전하게 관리하고, 블록체인 비전에 부합하는 새로운 투자 기회를 탐색할 것입니다. 디지털 자산 구매 및 보관을 위한 플랫폼으로 코인베이스 프라임을 선택한 것은 전통 금융과 블록체인 기술 간의 점점 더 증가하는 융합을 반영합니다.
Oxbridge Re Holdings (NASDAQ: OXBR) et sa filiale SurancePlus ont choisi Coinbase Prime pour faciliter les investissements dans les actifs numériques dans le cadre de leur stratégie d'investissement. L'entreprise, qui se concentre sur la tokenisation des Actifs du Monde Réel (RWA) et la fourniture de solutions de réassurance dans la région de la Gulf Coast, vise à intégrer des solutions blockchain dans son cadre financier.
Grâce à cette collaboration, Oxbridge utilisera la plateforme de Coinbase pour gérer en toute sécurité des actifs numériques tout en explorant de nouvelles opportunités d'investissement alignées avec leur vision de la blockchain. Le choix de Coinbase Prime comme plateforme pour acheter et stocker des Actifs Numériques reflète la convergence croissante entre la finance traditionnelle et la technologie blockchain.
Oxbridge Re Holdings (NASDAQ: OXBR) und seine Tochtergesellschaft SurancePlus haben Coinbase Prime ausgewählt, um Investitionen in digitale Vermögenswerte als Teil ihrer Anlagestrategie zu erleichtern. Das Unternehmen, das sich auf die Tokenisierung von Real-World-Assets (RWAs) und die Bereitstellung von Rückversicherungslösungen in der Gulf Coast-Region konzentriert, hat das Ziel, Blockchain-Lösungen in sein finanzielles Rahmenwerk zu integrieren.
Durch diese Zusammenarbeit wird Oxbridge die Plattform von Coinbase nutzen, um digitale Vermögenswerte sicher zu verwalten und gleichzeitig neue Investitionsmöglichkeiten im Einklang mit ihrer Blockchain-Vision zu erkunden. Die Auswahl von Coinbase Prime als ihre Plattform zum Kauf und zur Speicherung digitaler Vermögenswerte spiegelt die wachsende Konvergenz zwischen traditioneller Finanzwirtschaft und Blockchain-Technologie wider.
- Strategic partnership with major cryptocurrency platform Coinbase Prime enhances digital asset capabilities
- Expansion into digital assets diversifies treasury reserve strategy
- Access to secure platform for buying and storing digital assets
- Exposure to volatile cryptocurrency market adds financial risk
Insights
The strategic partnership between Oxbridge Re and Coinbase Prime marks a pivotal development in the traditional reinsurance sector's adoption of digital assets. This move goes beyond simple cryptocurrency investment - it represents a sophisticated integration of blockchain technology into a regulated financial services company's operations.
The selection of Coinbase Prime, known for its institutional-grade security and compliance infrastructure, demonstrates a calculated approach to digital asset exposure. This platform choice is particularly significant for a publicly traded company operating in the highly regulated reinsurance sector, as it provides the necessary regulatory compliance and security measures required for institutional digital asset management.
The strategic importance of this partnership becomes clearer when viewed alongside Oxbridge's existing initiatives in tokenized reinsurance securities. This dual approach - combining digital asset investment capabilities with real-world asset tokenization - positions Oxbridge at the forefront of blockchain adoption in the reinsurance industry. The move could potentially create new revenue streams through:
- Enhanced liquidity management through digital asset treasury reserves
- Improved operational efficiency in reinsurance contract administration
- New product development opportunities combining traditional reinsurance with digital asset capabilities
- Potential competitive advantages in attracting tech-forward clients and partners
For investors, this development signals Oxbridge's commitment to modernizing its business model while maintaining institutional-grade risk management. The partnership with Coinbase could provide the infrastructure needed to scale their digital asset operations while maintaining regulatory compliance - a important consideration for a Nasdaq-listed company.
GRAND CAYMAN, Cayman Islands, Feb. 05, 2025 (GLOBE NEWSWIRE) -- Oxbridge Re Holdings Limited (Nasdaq: OXBR) (“Oxbridge Re”), together with its subsidiary SurancePlus, is engaged in the tokenization of Real-World Assets (“RWAs”), initially with tokenized reinsurance securities, and in providing reinsurance solutions to property and casualty insurers in the Gulf Coast region of the United States, today announced it has selected Coinbase Prime to facilitate its investments in other digital assets as part of its investment strategy.
Jay Madhu, CEO of Oxbridge, commented, “Our collaboration with Coinbase underscores our commitment to integrating cutting-edge blockchain solutions into our financial framework. By working with Coinbase, we are confident in our ability to securely manage digital assets while paving the way for new investment opportunities that align with our blockchain vision.”
Ryan Ballantyne, Institutional Sales Manager of Coinbase, commented, “Oxbridge / SurancePlus’ decision to include Digital Assets as a treasury reserve asset underscores the increasing alignment between traditional finance and blockchain technology. We look forward to supporting their investments and innovative approach to integrating blockchain into real-world applications (RWAs). Selecting Coinbase Prime ensures a trusted and secure platform for buying and storing their Digital Assets.”
Additional details regarding Oxbridge / SurancePlus strategic decision to include digital assets as part of its treasury can be seen here: oxbridgere.com/press-releases/
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”) as tokenized reinsurance securities and 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 Limited
Jay Madhu, CEO
+1 345-749-7570
jmadhu@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.
FAQ
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