Oxbridge Re Holdings Taps Bitcoin and Ethereum as Treasury Assets

On Jan 21, 2025 at 9:02 pm UTC by · 3 mins read

Bitcoin and Ethereum will now make up the Oxbridge Re Holdings’ treasury push, as announced on Jan 21.

Oxbridge Re Holdings Limited, a leading reinsurance company, has recently taken a significant step toward modernizing its financial strategy. As reported by Crypto.news, the firm has officially incorporated Bitcoin BTC $95 116 24h volatility: 0.0% Market cap: $1.89 T Vol. 24h: $23.00 B and Ethereum ETH $1 810 24h volatility: 1.2% Market cap: $218.72 B Vol. 24h: $11.61 B into its treasury reserve plan. This move shows the company’s focus on diversifying its investments and using blockchain technology.

Oxbridge Re Makes a Rare Modern Treasury Shift

Oxbridge Re’s decision to add cryptocurrency to its balance sheet is more than just its push to hedge against inflation. It is a calculated step toward the future of finance. According to CEO Jay Madhu, Bitcoin’s increasing global adoption and growing investor confidence made it an obvious choice.

“Our Board of Directors believes that Bitcoin, in particular, has demonstrated its reliability as a store of value amid rising global adoption, supported by significant price appreciation and growing investor confidence,” said Madhu.

Oxbridge has decided to include digital assets in its Treasury as part of its efforts to lead in blockchain innovation. Through its subsidiary, SurancePlus Inc., the company plans to transform traditional investments into tokenized assets.

With these advancements, this Web3-focused arm plans to launch two tokens for upcoming reinsurance contracts. One will target a 20% return, while the other, a high-yield offering, will aim for a 42% return, depending on the option chosen.

Both tokens will be backed by reinsurance contracts managed by Oxbridge’s sidecar vehicle, Oxbridge Re NS. This strategy aims to shake up the reinsurance industry.

Joining the Trend: Companies Betting on Bitcoin

Oxbridge’s decision is in line with broader corporate trends. Major companies and nations are increasingly turning to digital assets to diversify their treasury strategies. MicroStrategy Inc (NASDAQ: MSTR), a well-known advocate for Bitcoin, continues to lead the charge.

As reported by Coinspeaker, the business intelligence and software company acquired an additional 11,000 Bitcoin units worth a total of $1.1 billion earlier on January 21. This latest purchase has pushed its Bitcoin stash to a massive 461,000 BTC.

Meanwhile, several major industry players are copying this aggressive Bitcoin acquisition approach. In an earlier Coinspeaker report, KULR Technology Group expanded its Bitcoin reserve, starting the new year by acquiring 77.66 BTC, valued at $8 million.

Interestingly, Genius Group, an AI-driven Bitcoin education company, recently approved a $33 million rights offering to boost its Bitcoin Treasury.

Additionally, El Salvador has continued to expand its Bitcoin treasury, buying 11 more BTC on January 20, 2025. This came after the country secured a $1.3 billion loan from the International Monetary Fund (IMF), which advised reducing Bitcoin investments.

Oxbridge Re’s move highlights the growing tokenization trend, combining traditional and digital finance. As blockchain technology evolves, companies increasingly see digital assets as viable alternatives to traditional ones.

This strategic move could encourage more companies to join the trend, starting a shift toward decentralized finance.

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