Oxbridge Re Holdings (NASDAQ: $OXBR) tokenized reinsurance subsidiary SurancePlus says its latest onchain insurance-linked offerings beat their return targets, adding another public-company data point to the real-world asset market.
The Cayman Islands-based company reported annualized returns of 29.3% and 43.4% for investors in its 2025-2026 EtaCat Re and ZetaCat Re offerings. The returns topped the original targets of 20% and 42%, respectively, according to the company.
The offerings are designed to give investors blockchain-based access to reinsurance exposure, an asset class traditionally reserved for institutional capital. For Oxbridge, the result helps support a narrower but still important corner of the tokenization trade: bringing insurance risk, not just treasuries, funds or equities, into a digital securities structure.
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SurancePlus is part of Oxbridge Re Holdings (NASDAQ: OXBR), which offers tokenized real-world assets and property-and-casualty reinsurance solutions through its subsidiaries. The company has positioned SurancePlus as an onchain reinsurance RWA platform backed by a publicly traded parent, with interests in reinsurance contracts digitized as blockchain-based securities.
Oxbridge also used the update to point to a cleaner balance sheet, saying it repaid a $1.0 million short-term promissory note previously disclosed in February, including accrued interest. The company said it now has no outstanding debt obligations, leaving it with more flexibility as it builds around tokenized reinsurance.
Chairman and CEO Jay Madhu said the results validate the company's underwriting approach and show the strength of tokenized reinsurance as an investable asset class, pointing to institutional-quality access through a transparent blockchain-based structure.
The announcement arrives as tokenized real-world assets continue to spread beyond the most liquid categories. Reinsurance sits in a different lane, where investor demand depends less on crypto market cycles and more on underwriting discipline, risk selection and transparent access to private-market yield.
Oxbridge Re Holdings Limited (NASDAQ: OXBR) is currently trading at $1.08 U.S. per share.