Oxbridge Re, SurancePlus announce partnership with Midnight Foundation

Oxbridge Re, together with its subsidiary SurancePlus, is engaged in the tokenization of Real-World Assets, 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, the company has announced a strategic partnership with the Midnight Foundation, the organization supporting ecosystem growth and enterprise adoption for the Midnight network – a privacy-focused blockchain built by Shielded Technologies, a subsidiary of Input Output Global, the firm behind Cardano. As part of this partnership, Midnight Foundation has empowered SurancePlus to bring tokenized reinsurance securities and its growing network of institutional investors to the Midnight blockchain, positioning SurancePlus at the forefront of next-generation high-yield, confidential RWAs. SurancePlus will integrate Midnight as one of its partnered blockchain networks to deliver privacy-first RWA tokenization tailored to regulated institutions and qualified investors.