Oxbridge Re Holdings, through its subsidiary SurancePlus, has announced a partnership with Plume, a blockchain platform focused on real-world asset finance.
The collaboration is intended to expand the distribution of SurancePlus’ 2025-2026 tokenized reinsurance securities, EtaCat Re and ZetaCat Re, which target annual returns of 20% and 42%, respectively.
Plume provides an ecosystem for distributing tokenized assets, with a network that includes over 18 million unique addresses and more than 280 million transactions. The platform has US$4.5 billion in committed assets, positioning it as a distribution channel for SurancePlus’ tokenized reinsurance offerings.
Oxbridge Re CEO Jay Madhu (pictured above) said that Plume’s platform provides an opportunity to expand the reach of SurancePlus’ 2025 securities, allowing investors to access high-yield investments that are not directly correlated with the broader capital markets.
Oxbridge Re launched its 2025 tokenized reinsurance offerings earlier this month, with tokens priced at US$10 per share. This is the third version of its blockchain-based program.
Launched in 2023, the DeltaCat Re token was Oxbridge's inaugural tokenized reinsurance security. This offering achieved a realized return of 49.11%, surpassing the initial projection of 42%.
Following the success of DeltaCat Re, SurancePlus introduced the EpsilonCat Re token, targeting a 42% return.
Despite its growing popularity, several challenges hinder the widespread adoption of tokenized reinsurance securities.
The evolving nature of blockchain technology means that regulatory frameworks are still catching up, leading to legal ambiguities and compliance challenges across different jurisdictions.
Dependence on blockchain technology also introduces vulnerabilities such as security breaches, technical glitches, and hacking risks, which could undermine trust in tokenized assets.
Meanwhile, the success of tokenized reinsurance securities also relies on market participants' confidence in the technology and platforms. A lack of trust can result in reduced adoption and liquidity.
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