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• Onre Sac Ltd.
OnRe Expands Independent Verification of ONyc as Tokenized Reinsurance Sees Growing Use as Onchain Collateral
OnRe, a licensed collateralized reinsurer, announced expanded independent verification measures for ONyc, its tokenized reinsurance vehicle, as the asset gains traction as collateral in DeFi lending and liquidity protocols. The verification framework now includes institutional NAV attestations through Apex and DeFi-native verification via Accountable, reflecting a shift toward using yield-bearing assets as collateral rather than passive investments.
APXT
APXTU
APXTW
tokenized reinsurance
ONyc
DeFi collateral
independent verification
NAV attestation
Sentiment note
Apex is mentioned as a third-party verification provider for institutional NAV and reserve attestations. While this represents a business engagement, the article provides no information about Apex's performance, market position, or strategic implications.