Oxbridge And Its Subsidiary SurancePlus Commences Strategic Review Of SurancePlus Carve Out And Potential Digital Asset Treasury Initiative
Benzinga Newsdesk 1 year ago
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Oxbridge Re Holdings Limited (Nasdaq: OXBR) ("Oxbridge Re"), a leader in digitizing reinsurance securities as tokenized real-world assets (RWAs), together with its subsidiary SurancePlus, today announced an update to its
Oxbridge Re Holdings Limited (Nasdaq: OXBR) ("Oxbridge Re"), a leader in digitizing reinsurance securities as tokenized real-world assets (RWAs), together with its subsidiary SurancePlus, today announced an update to its previously announced strategic business review to maximize shareholder value.
The Company is actively reviewing a range of strategic initiatives for the company or its Web3 subsidiary, SurancePlus Holdings—including a potential carve-out and Nasdaq listing of SurancePlus Holdings, as well as a potential financing transactions to support a digital asset treasury initiative and explore related M&A opportunities.