Forward Industries and RockawayX Co-Lead Strategic Investment in OnRe to Accelerate Onchain Reinsurance on Solana
8 Articles
8 Articles
Forward Industries and RockawayX Co-Lead Strategic Investment in OnRe to Accelerate Onchain Reinsurance on Solana
Investment Advances Forward’s Strategy to Build Shareholder Value Through Active Participation in Tokenized Real-World Assets and Solana’s Growing RWA Ecosystem
Forward Industries, RockawayX Back OnRe's Solana Onchain Reinsurance
A Solana-based reinsurance venture, OnRe, has closed a $5 million Series A led by Forward Industries and RockawayX to accelerate the deployment of on-chain risk transfer infrastructure. The round is designed to scale OnRe’s platform and bring more institutional participants into blockchain-driven reinsurance, a niche but increasingly visible segment of decentralized finance. In addition to the fresh capital, Forward intends to deploy up to $25 m…
OnRe Finance raises $5M as Forward lines up $25M ONyc buy
OnRe Finance raised $5M from Forward and RockawayX as Forward prepares up to $25M into ONyc, scaling Solana-based, tokenized reinsurance with DeFi integrations. OnRe Finance said it has closed a $5 million strategic funding round to accelerate development of its…
Forward Industries Invests in OnRe, Plans Up to $25M Deployment in Tokenized Reinsurance Platform
Forward Industries, Inc. (NASDAQ: FWDI) has announced a strategic investment in onchain reinsurance company OnRe as part of its $5 million Series A round. The company also revealed plans to deploy up to $25 million into OnRe’s yield-bearing token ONyc on the Solana blockchain, marking a significant expansion of its treasury strategy into tokenized real-world assets and diversified income streams. The investment underscores Forward Industries’ co…
Coverage Details
Bias Distribution
- 100% of the sources lean Right
Factuality
To view factuality data please Upgrade to Premium
